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.
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.
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.
Industrial Development Corporation's score of 27 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Industrial Development Corporation (IDC) reported total carbon emissions of approximately 4,000,780 kg CO2e. This figure includes 331,340 kg CO2e from Scope 1 emissions, 3,801,560 kg CO2e from Scope 2 emissions, and 3,554,880 kg CO2e from Scope 3 emissions. Over the years, IDC has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 7,687,780 kg CO2e, with Scope 1 at 199,000 kg CO2e, Scope 2 at 4,230,000 kg CO2e, and Scope 3 at 177,000 kg CO2e. The corporation's emissions peaked in 2021 at approximately 4,606,000 kg CO2e, with significant contributions from both Scope 2 and Scope 3 emissions. Despite these figures, IDC has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The corporation's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint, but further commitments to reduction strategies would enhance its climate action profile.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 not committed to any 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.