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The Industrial Development Corporation (IDC), headquartered in South Africa (ZA), is a prominent player in the Other Business Services sector (74). Established in 1940, the IDC has played a pivotal role in fostering industrial growth and economic development across the region. With a focus on financing and supporting various industries, the corporation has made significant strides in sectors such as manufacturing, mining, and agriculture.
The IDC offers a range of unique financial products and services, including loans, equity investments, and advisory services, tailored to meet the needs of businesses at different stages of development. Its commitment to sustainable development and job creation has positioned the IDC as a leader in promoting economic transformation in South Africa. Notable achievements include substantial investments in green technologies and infrastructure projects, reinforcing its status as a key driver of industrial advancement in the region.
33
DitchCarbon score
-3 vs industry average
Industrial Development Corporation’s score of 33 is higher than 50% 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
Very Low
Business Services is among the least carbon-intensive industries
Industry performance
0.146
20182025
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Industrial Development Corporation's reported carbon emissions
Industrial Development Corporation, headquartered in South Africa, reported Scope 1 emissions of 420,000 kg CO2e, Scope 2 emissions of 3,720,000 kg CO2e, and Scope 3 investments of 16,070,000,000 kg CO2e for the 2025 reporting year.
In 2024, the company's Scope 1 emissions were 107,000 kg CO2e, with Scope 2 emissions at 3,720,000 kg CO2e. For the 2023 reporting year, Industrial Development Corporation reported 77,000 kg CO2e for Scope 1 and 3,392,000 kg CO2e for Scope 2. In 2022, Scope 1 emissions were 259,000 kg CO2e and Scope 2 emissions were 3,972,000 kg CO2e. In 2021, total emissions were approximately 4,427,000 kg CO2e, comprising 199,000 kg CO2e from Scope 1, 3,911,000 kg CO2e from Scope 2, and 392,000 kg CO2e from Scope 3.
Industrial Development Corporation has committed to achieving net-zero emissions across all scopes by 2050. The company also demonstrated a significant reduction in Scope 2 emissions, showing approximately a 32% decrease from a 2019 baseline to 2023, attributed to increased remote work and the impact of loadshedding.
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Industrial Development Corporation’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Industrial Development Corporation9 months ago
33
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