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OrganisationsIndustrial Development Corporation
Industrial Development Corporation logo

Industrial Development Corporation

Business ServicesSouth Africa
Last verified 8 months agoidc.co.za

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.

28
DitchCarbon score

-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

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2028

00.0B00.0B0.0B0.0B0

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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

The Industrial Development Corporation (IDC), headquartered in ZA and operating in other business services, has outlined a clear commitment to climate action. The corporation aims to achieve net-zero emissions by 2050, with a long-term target for all scopes.

In terms of reported emissions, for the year 2025, the IDC reported approximately 16.47 billion kg CO2e in Scope 3 emissions. Scope 1 emissions for 2025 were approximately 420,000 kg CO2e, and Scope 2 emissions were approximately 3.72 million kg CO2e.

For 2024, Scope 1 emissions were approximately 107,000 kg CO2e, and Scope 2 emissions were approximately 3.72 million kg CO2e. The IDC has not disclosed Scope 3 emissions for 2024.

In 2023, Scope 1 emissions were approximately 77,000 kg CO2e, and Scope 2 emissions were approximately 3.39 million kg CO2e. Scope 3 emissions were not disclosed for this year.

A notable achievement in emissions reduction was observed between the base year of 2019 and 2023, where Scope 2 emissions saw a reduction of approximately 32%. This reduction is attributed to factors such as the implementation of a work-from-home model and the effects of loadshedding, indicating a decrease in electricity consumption.

While the IDC does not currently show cascaded data from a parent organisation, its reporting suggests a progressive approach to managing and reducing its climate impact.

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Industrial Development Corporation’s Climate Goals (2030 & 2050)

2 goals

2050

The IDC aims to achieve net-zero by 2050

The IDC aims to achieve net-zero by 2050.

Behind target0%

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%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Investments100%
Investments100%

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Industrial Development Corporation logoIndustrial Development Corporation
ZABusiness Services
8 months ago
28
Eib logoEib
LUFinancial Intermediation
3 hours ago
51
View
Kfw logoKfw
DEFinancial Intermediation
15 hours ago
48
View
British International Investment logoBritish International Investment
GBServices Auxiliary to Financial Intermediation
4 hours ago
39
View
Triodos Investment Management logoTriodos Investment Management
NLServices Auxiliary to Financial Intermediation
38 minutes ago
37
View
International Finance Corporation logoInternational Finance Corporation
USFinancial Intermediation
3 hours ago
34
View
World Bank logoWorld Bank
USFinancial Intermediation
24 hours ago
30
View

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Ditchcarbonv260709.1
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