Industrial Development Corporation
The Industrial Development Corporation (IDC), headquartered in South Africa, is a prominent development finance institution established in 1940. With a focus on fostering industrial growth, the IDC operates primarily across Southern Africa, supporting various sectors including manufacturing, mining, and infrastructure development. The corporation is renowned for its unique approach to financing, offering tailored solutions that drive sustainable economic development. Key services include project financing, equity investments, and advisory services, all aimed at enhancing industrial capacity and job creation. Over the decades, the IDC has achieved significant milestones, positioning itself as a leader in the development finance sector. Its commitment to innovation and sustainable practices has solidified its reputation, making it a vital player in South Africa's economic landscape.
DitchCarbon Score
How does Industrial Development Corporation'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 Business 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
Industrial Development Corporation's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industrial Development Corporation's reported carbon emissions
In 2023, the Industrial Development Corporation (IDC) reported total carbon emissions of approximately 5,256,000 kg CO2e. This figure includes Scope 1 emissions of about 423,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 3,801,560 kg CO2e, mainly from purchased electricity. Additionally, Scope 3 emissions totalled around 1,528,000 kg CO2e, with significant contributions from business travel and employee commuting. The IDC has made notable strides in reducing its carbon footprint, achieving a reduction of about 32% in Scope 2 emissions from the base year of 2019 to 2023. This reduction is attributed to changes in operational practices, including the adoption of a work-from-home model and the impacts of loadshedding. Looking ahead, the IDC has set an ambitious commitment to achieve net-zero emissions by 2050, encompassing all scopes of emissions. This long-term goal reflects the organisation's dedication to sustainability and climate responsibility.
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Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 613,300 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,387,800 | 0,000,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | - | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 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 Corporation is not participating in any of the initiatives that 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.
