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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 (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

00.0B00.0B00.0B0.0B0

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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

The Industrial Development Corporation (IDC) in ZA, operating within Other business services (74), is committed to climate action. The IDC aims to achieve net-zero emissions by 2050. For 2025, the IDC reported total emissions of approximately 16.5 billion kg CO2e, comprising Scope 1 emissions of about 420,000 kg CO2e and Scope 2 emissions of approximately 3.72 million kg CO2e. Scope 3 emissions for 2025 were reported at roughly 16.07 billion kg CO2e. In 2024, the IDC's total emissions were approximately 4.93 million kg CO2e. This breakdown includes Scope 1 emissions of about 470,000 kg CO2e (with stationary combustion at 22,000 kg CO2e, mobile combustion at 80,000 kg CO2e, and fugitive emissions at 322,000 kg CO2e) and Scope 2 emissions of approximately 3.72 million kg CO2e from purchased electricity. For 2023, total emissions were around 3.47 million kg CO2e, with Scope 1 emissions at approximately 77,000 kg CO2e (including stationary combustion at 263,000 kg CO2e, mobile combustion at 74,000 kg CO2e, and fugitive emissions at 26,000 kg CO2e) and Scope 2 emissions at approximately 3.39 million kg CO2e. A significant achievement noted is a Scope 2 reduction of about 32% from the 2019 baseline, by 2023. This reduction is attributed to the implementation of a work-from-home model and loadshedding effects, indicating a decrease in electricity consumption.

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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
23 days ago
51
View
Kfw logoKfw
DEFinancial Intermediation
10 days ago
46
View
British International Investment logoBritish International Investment
GBServices Auxiliary to Financial Intermediation
11 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
12 hours ago
34
View
World Bank logoWorld Bank
USFinancial Intermediation
14 days ago
30
View

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