IDEX Corporation, commonly referred to as IDEX, is a leading provider of specialised financial intermediation services within the United States. Headquartered in the US, the company operates across various regions, delivering tailored financial solutions to diverse markets. Founded in 1973, IDEX has established a strong reputation for its innovative approach and commitment to excellence in the financial intermediation sector, excluding insurance and pension funding services.
The company’s core offerings include customised financial products and services designed to meet the unique needs of its clients. Its market position is reinforced by a history of consistent growth and notable achievements in delivering reliable, efficient financial solutions. With a focus on industry-specific expertise, IDEX continues to be a recognised name in the financial intermediation industry, supporting clients across multiple sectors with its specialised services.
-1 vs industry average
Idex’s score of 36 is higher than 51% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Idex's reported carbon emissions
Idex, a US-based company operating in financial intermediation services, except insurance and pension funding services, reported its greenhouse gas (GHG) emissions for recent years. In 2024, the company's total GHG emissions were approximately 2.89 million kg CO2e. This comprised about 535,000 kg CO2e from Scope 1 emissions and approximately 2.35 million kg CO2e from Scope 2 emissions (market-based).
For 2023, Idex reported total GHG emissions of approximately 3.09 million kg CO2e, with Scope 1 emissions around 561,000 kg CO2e and Scope 2 emissions at about 2.53 million kg CO2e (market-based).
In 2022, total emissions were approximately 3.55 million kg CO2e, consisting of about 773,000 kg CO2e for Scope 1 and approximately 2.77 million kg CO2e for Scope 2.
The company's Scope 1 and Scope 2 emissions intensity (by revenue) in 2021 was 0.0181 kg CO2e per USD. By 2020, total emissions stood at approximately 36.88 million kg CO2e, with Scope 1 emissions around 5.06 million kg CO2e and Scope 2 emissions at approximately 31.82 million kg CO2e. Prior to that, in 2019, total emissions were approximately 42.41 million kg CO2e, with Scope 1 emissions at about 5.50 million kg CO2e and Scope 2 emissions at around 36.92 million kg CO2e. In 2018, total emissions were approximately 44.62 million kg CO2e, including about 6.13 million kg CO2e for Scope 1 and 38.49 million kg CO2e for Scope 2.
Idex has established a commitment to reduce its Scope 1 and Scope 2 emissions intensity (by revenue) by 30% by 2035, using 2021 as a baseline. This target covers both Scope 1 and Scope 2 emissions. The company's sustainability reporting indicates that Scope 3 emissions data, specifically purchased goods and services, is currently missing.
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Idex’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Idex
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