Industrial Development Corporation
The Industrial Development Corporation (IDC) is a prominent development finance institution headquartered in Johannesburg, South Africa. Established in 1940, the IDC plays a pivotal role in fostering industrial growth across various sectors, including manufacturing, mining, and agriculture. With a strong focus on sustainable development, the corporation has made significant strides in promoting economic transformation and job creation in the region. The IDC offers a range of financial products and services, including loans, equity financing, and advisory support, tailored to meet the unique needs of businesses. Its commitment to innovation and development has positioned it as a leader in the South African industrial landscape. Notable achievements include substantial investments in renewable energy and infrastructure projects, reinforcing its status as a key player in driving economic progress and sustainability in the region.
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 22 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Industrial Development Corporation's reported carbon emissions
In 2023, the Industrial Development Corporation (IDC) reported total carbon emissions of approximately 7.69 million tonnes CO2e. This figure includes 331,340 tonnes CO2e from Scope 1 emissions, primarily from mobile combustion, and 3.8 million tonnes CO2e from Scope 2 emissions related to purchased electricity. Additionally, Scope 3 emissions accounted for about 3.55 million tonnes CO2e, with significant contributions from employee commuting and business travel. Over the years, IDC has shown fluctuations in its emissions. For instance, in 2022, total emissions were around 7.69 million tonnes CO2e, with Scope 1 emissions at 199,000 tonnes CO2e and Scope 2 emissions at 4.23 million tonnes CO2e. The corporation's emissions peaked in 2023, indicating a need for ongoing assessment and potential reduction strategies. While specific reduction targets were not detailed in the available data, IDC's commitment to addressing climate change is evident through its participation in various climate-related initiatives. The corporation has not been scored on its climate performance by the CDP, indicating that further transparency and action may be necessary to enhance its climate commitments. Overall, IDC's emissions data highlights the importance of continued efforts to reduce carbon footprints across all scopes, particularly in light of global climate goals.
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Add to project2012 | 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 committed to some 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.
