IGB Sustainability Profile
IGB Biosystems, headquartered in South Africa, is a pioneering company in the biotechnology industry, specialising in innovative solutions for life sciences and healthcare. Founded in 2015, IGB has rapidly established itself as a leader in the development of advanced biosystems, focusing on areas such as diagnostics and research tools. The company’s flagship products, including cutting-edge biosensors and diagnostic platforms, are distinguished by their precision and user-friendly design, catering to both research institutions and clinical laboratories. IGB's commitment to quality and innovation has earned it a prominent position in the market, with notable achievements in enhancing diagnostic accuracy and efficiency. As IGB continues to expand its operational reach across Africa and beyond, it remains dedicated to advancing the frontiers of biotechnology for improved health outcomes.
DitchCarbon Score
How does IGB'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.
Industry Average
Mean score of companies in the Education Services 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.
Industry Benchmark
IGB's score of 34 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IGB's reported carbon emissions
In 2024, IGB Berhad reported total carbon emissions of approximately 128,000,000 kg CO2e, comprising 7,815,000 kg CO2e from Scope 1, 137,991,000 kg CO2e from Scope 2, and 120,473,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in emissions reporting, with all scopes disclosed. IGB has set a target to achieve a 12.5% reduction in Scope 1 and Scope 2 emissions by 2030, using 2023 as the baseline year. This near-term goal underscores the company's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that IGB Berhad independently reports its emissions and climate commitments. The company continues to focus on enhancing its sustainability practices as part of its corporate responsibility initiatives.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 3,322,000 | 0,000,000 |
| Scope 2 | 128,713,000 | 000,000,000 |
| Scope 3 | 116,320,000 | 000,000,000 |
How Carbon Intensive is IGB's Industry?
How Carbon Intensive is IGB's Location?
IGB's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
IGB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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