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.
0 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.
Part of the Sustainability team at IDB?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
IDB's reported carbon emissions
The Inter-American Development Bank (IDB), headquartered in the US and operating within the financial intermediation services sector, reported total carbon emissions of approximately 354.7 million kg CO2e in 2023. This figure encompasses Scope 1, 2, and 3 emissions. In 2023, Scope 1 emissions were approximately 945,000 kg CO2e and Scope 2 emissions (market-based) were approximately 1.6 million kg CO2e. Scope 3 emissions for business travel were reported at approximately 6.1 million kg CO2e. Looking at previous years, total emissions in 2014 were approximately 32.7 million kg CO2e, comprising 1.2 million kg CO2e for Scope 1, 11.9 million kg CO2e for Scope 2, and 19.7 million kg CO2e for Scope 3. In 2011, total emissions were approximately 20.4 million kg CO2e, with Scope 1 at 171,000 kg CO2e and Scope 2 at 8.6 million kg CO2e. The IDB has set several climate commitments. A near-term target, approved in 2019, aims to reduce Scope 1 and 2 emissions by 14% between 2018 and 2023. Additionally, the organisation is exploring how Latin America and the Caribbean can achieve net-zero greenhouse gas emissions by 2050.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
IDB’s Climate Goals (2030 & 2050)
3 goals2023
14% reduction in Scope 1
In 2019, our Board of Executive Directors approved a CRF target to reduce scope 1 and 2 emissions by 14% between 2018 and 2023.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 3 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Emissions comparison with industry peers
View similar organisations
IDB
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project