The Inter-American Development Bank (IDB), headquartered in the United States, is a leading financial institution dedicated to fostering economic development and social progress across Latin America and the Caribbean. Founded in 1959, IDB has played a pivotal role in providing financial and technical assistance to member countries, focusing on areas such as infrastructure, education, and health. With a unique blend of loans, grants, and expertise, IDB stands out for its commitment to sustainable development and poverty reduction. The bank's extensive operational reach spans numerous countries, making it a key player in regional development initiatives. Notable achievements include significant investments in renewable energy and urban development projects, solidifying its position as a trusted partner in advancing economic growth and social equity in the region.
How does IDB'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 Financial Intermediation 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.
IDB's score of 13 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Inter-American Development Bank (IDB) reported total carbon emissions of approximately 6,059,000 kg CO2e, comprising 945,000 kg CO2e from Scope 1, 5,850,000 kg CO2e from Scope 2, and 6,059,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in emissions reporting across all relevant scopes. Over the years, IDB has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 5,852,000 kg CO2e, with Scope 1 emissions at 802,000 kg CO2e and Scope 2 at 6,910,000 kg CO2e. The highest recorded emissions occurred in 2014, with a total of approximately 32,718,000 kg CO2e, including 1,195,000 kg CO2e from Scope 1, 11,859,000 kg CO2e from Scope 2, and 19,664,000 kg CO2e from Scope 3. Despite these figures, IDB has not established specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to mitigate its carbon footprint effectively. The bank's emissions intensity metrics indicate a focus on improving efficiency, but further commitments to reduction strategies would strengthen its climate action profile.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2011 | 2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 640,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 10,519,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
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.
IDB is not committed to any 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.