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The Inter-American Development Bank (IDB), headquartered in the United States, is a leading institution in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. Established in 1959, IDB has played a pivotal role in fostering economic development across Latin America and the Caribbean, providing essential financial and technical assistance to member countries.
IDB's core offerings include loans, grants, and advisory services aimed at enhancing infrastructure, social development, and economic growth. Its unique approach combines financial resources with expertise in project implementation, making it a vital partner for governments and private entities alike. With a strong market position, IDB has achieved significant milestones, including the financing of transformative projects that have positively impacted millions of lives in the region.
35
DitchCarbon score
-2 vs industry average
IDB’s score of 35 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
IDB's reported carbon emissions
IDB, a financial intermediation services company based in the US, reported approximately 354,731,000 kg CO2e in total emissions for 2023. This includes about 945,000 kg CO2e from Scope 1 and approximately 1,614,000 kg CO2e (market-based) from Scope 2. The organisation also reported around 6,059,000 kg CO2e for business travel within its Scope 3 emissions.
In 2022, IDB's reported Scope 1 emissions were approximately 802,000 kg CO2e, with Scope 2 emissions (market-based) at about 1,994,000 kg CO2e. Business travel accounted for approximately 5,852,000 kg CO2e of their Scope 3 emissions in the same year. For 2021, Scope 1 emissions were approximately 1,667,000 kg CO2e and Scope 2 emissions were around 6,727,000 kg CO2e.
IDB has committed to achieving net-zero greenhouse gas emissions by 2050. The organisation previously approved a target in 2019 to reduce its combined Scope 1 and 2 emissions by 14% between 2018 and 2023.
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IDB’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
IDB9 days ago
35
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