INDUSTRIAL DEVELOPMENT BANK
The Industrial Development Bank (IDB), headquartered in Saudi Arabia, is a prominent financial institution dedicated to fostering industrial growth and development. Established in 1993, IDB has played a pivotal role in financing various sectors, particularly in manufacturing and infrastructure, contributing significantly to the region's economic landscape. With a focus on providing tailored financial solutions, IDB offers a range of services including project financing, working capital loans, and investment advisory. Its unique approach combines deep industry expertise with a commitment to supporting sustainable development, setting it apart in the competitive banking sector. Recognised for its strong market position, IDB has achieved notable milestones, including strategic partnerships and successful funding initiatives that have bolstered its reputation as a leader in industrial financing.
DitchCarbon Score
How does INDUSTRIAL DEVELOPMENT BANK'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 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
INDUSTRIAL DEVELOPMENT BANK's score of 19 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
INDUSTRIAL DEVELOPMENT BANK's reported carbon emissions
In 2021, the Industrial Development Bank (IDB) reported total carbon emissions of approximately 1,711,000 kg CO2e. This figure includes Scope 1 emissions of about 100,000 kg CO2e, Scope 2 emissions of approximately 609,000 kg CO2e, and significant Scope 3 emissions totalling around 1,002,000 kg CO2e. Notably, the majority of Scope 3 emissions stemmed from employee commuting, accounting for about 957,000 kg CO2e. Comparatively, emissions in previous years show a downward trend in Scope 1 emissions, with 1,117,370 kg CO2e in 2011 and 950,495 kg CO2e in 2012. However, the overall emissions in 2021 reflect a complex picture, with a significant portion attributed to Scope 3. Currently, IDB has not established specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of documented reduction initiatives suggests that the bank may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2011 | 2012 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,117,370 | 000,000 | 000,000 |
| Scope 2 | - | - | 000,000 |
| Scope 3 | - | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
INDUSTRIAL DEVELOPMENT BANK 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.
