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.
-4 vs industry average
Industrial Development Corporation’s score of 28 is lower than 47% 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Industrial Development Corporation's reported carbon emissions
In 2025, the Industrial Development Corporation (IDC) reported total carbon emissions of approximately 16,070,000,000 kg CO2e. This figure includes 420,000 kg CO2e from Scope 1 emissions, 3,720,000 kg CO2e from Scope 2 emissions, and a significant 16,070,000,000 kg CO2e from Scope 3 emissions, primarily attributed to investments. The IDC has set ambitious climate commitments, aiming for a net-zero target by 2050. Additionally, the corporation has achieved a notable reduction of about 32% in Scope 2 emissions from the base year 2019, primarily due to changes in electricity consumption patterns influenced by the work-from-home model and load-shedding effects. The IDC's emissions data is independently reported and does not cascade from any parent organization. The corporation continues to focus on enhancing its sustainability practices and reducing its carbon footprint across all scopes.
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Industrial Development Corporation’s Climate Goals (2030 & 2050)
2 goals2050
The IDC aims to achieve net-zero by 2050
The IDC aims to achieve net-zero by 2050.
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 2 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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