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OrganisationsIndustrial Development Corporation
Industrial Development Corporation logo

Industrial Development Corporation

Business ServicesSouth Africa
Last verified 7 months agoidc.co.za

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.

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

00.0B00.0B00.0B0.0B0

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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

In 2025, the Industrial Development Corporation (IDC) reported total carbon emissions of approximately 16,070,000,000 kg CO2e. This figure includes 420,000 kg CO2e from Scope 1 emissions, 3,720,000 kg CO2e from Scope 2 emissions, and a significant 16,070,000,000 kg CO2e from Scope 3 emissions, primarily attributed to investments. The IDC has set ambitious climate commitments, aiming for a net-zero target by 2050. Additionally, the corporation has achieved a notable reduction of about 32% in Scope 2 emissions from the base year 2019, primarily due to changes in electricity consumption patterns influenced by the work-from-home model and load-shedding effects. The IDC's emissions data is independently reported and does not cascade from any parent organization. The corporation continues to focus on enhancing its sustainability practices and reducing its carbon footprint across all scopes.

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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
7 months ago
28
Eib logoEib
LUFinancial Intermediation
9 days ago
51
View
Kfw logoKfw
DEFinancial Intermediation
9 days ago
46
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
2 days ago
37
View
International Finance Corporation logoInternational Finance Corporation
USFinancial Intermediation
6 days ago
34
View
World Bank logoWorld Bank
USFinancial Intermediation
6 days ago
30
View

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  • EssilorLuxottica Case Study: Automated Scope 3 Supplier Data | DitchCarbon
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  • Haleon Case Study: Accurate Scope 3 Data to Drive Supplier Decisions
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