IAC, officially known as IAC Group, is a leading provider of innovative automotive solutions, headquartered in South Africa (ZA). Established in 1998, the company has made significant strides in the automotive industry, focusing on advanced engineering and manufacturing of interior and exterior components. With a strong presence in key markets across North America, Europe, and Asia, IAC has positioned itself as a trusted partner for major automotive manufacturers. The company’s core offerings include instrument panels, door panels, and other interior systems, distinguished by their commitment to quality and sustainability. IAC's dedication to innovation has earned it recognition as a market leader, consistently delivering products that enhance vehicle aesthetics and functionality. With a robust portfolio and a reputation for excellence, IAC continues to shape the future of automotive design and manufacturing.
How does Iac's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Iac's score of 5 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IAC reported total carbon emissions of approximately 18,200,000 kg CO2e, comprising 5,536,000 kg CO2e from Scope 1 and 12,766,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where total emissions were about 20,000,000 kg CO2e, with Scope 1 emissions at 7,806,000 kg CO2e and Scope 2 emissions at approximately 13,140,000 kg CO2e. The company has not committed to net-zero emissions and currently has no long-term reduction targets in place. However, it is actively engaged in climate initiatives, having previously set near-term targets, although these have since been removed. IAC's emissions profile indicates a heavy reliance on purchased electricity, which constitutes a substantial portion of its Scope 2 emissions. Overall, IAC's emissions data reflects ongoing efforts to manage and reduce its carbon footprint, although further commitments and targets would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 3,314,000 | 0,000,000 | 0,000,000 |
Scope 2 | 4,269,000 | 00,000,000 | 00,000,000 |
Scope 3 | 9,169,000 | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Iac is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.