Industrial Development Corporation Sustainability Profile
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 33 is higher than 58% 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 2025, the Industrial Development Corporation (IDC) reported total carbon emissions of approximately 164,000,000 kg CO2e, comprising 420,000 kg CO2e from Scope 1, 3,720,000 kg CO2e from Scope 2, and a significant 16,070,000,000 kg CO2e from Scope 3 emissions related to investments. This data reflects the IDC's commitment to transparency in its carbon footprint across all scopes. The IDC has set ambitious climate commitments, aiming for net-zero emissions by 2050. This long-term target encompasses all scopes of emissions and is part of their broader sustainability strategy initiated in 2023. Additionally, the IDC has achieved a near-term reduction target of about 32% in Scope 2 emissions from the base year of 2019, attributed to changes in operational practices such as the work-from-home model and the impacts of loadshedding. Historically, the IDC's emissions have fluctuated, with total emissions recorded at approximately 4,606,000 kg CO2e in 2022 and 4,427,000 kg CO2e in 2021. The corporation's proactive approach to reducing its carbon footprint is evident in its ongoing efforts to monitor and manage emissions effectively, aligning with industry standards and climate terminology. Overall, the IDC's commitment to sustainability and emissions reduction positions it as a responsible entity in the industrial sector, actively working towards a more sustainable future.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 177,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 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 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | - | - | - | 00,000,000,000 |
How Carbon Intensive is Industrial Development Corporation's Industry?
How Carbon Intensive is Industrial Development Corporation's Location?
Industrial Development Corporation's Scope 3 Categories Breakdown
Industrial Development Corporation's Scope 3 emissions, which increased significantly last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Industrial Development Corporation'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.
Industrial Development Corporation 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.
