The International Development Finance Club (IDFC) is a prominent network of development finance institutions dedicated to fostering sustainable economic growth. Headquartered in various global locations, IDFC operates extensively across emerging markets, focusing on regions in Africa, Asia, and Latin America. Established in 2011, the club has made significant strides in promoting investment in infrastructure and sustainable development projects. IDFC's core services include project financing, advisory services, and capacity building, all aimed at enhancing the impact of development finance. What sets IDFC apart is its commitment to mobilising private sector investment alongside public funding, ensuring a holistic approach to development challenges. With a strong market position, IDFC has been instrumental in facilitating billions in investments, contributing to the achievement of the United Nations Sustainable Development Goals (SDGs).
How does International Development Finance Club (IDFC)'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 Financial Intermediation 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.
International Development Finance Club (IDFC)'s score of 30 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, the International Development Finance Club (IDFC) reported carbon emissions totalling approximately 206,000 tonnes CO2e from Scope 3, alongside about 107,800 tonnes CO2e from Scope 1 and 38,100 tonnes CO2e from Scope 2. Over the years, IDFC has shown fluctuations in emissions, with 2020 marking the highest recorded emissions at about 571,800 tonnes CO2e in Scope 3. From 2018 to 2022, IDFC's Scope 1 emissions decreased from about 107,800 tonnes CO2e to the same figure in 2022, while Scope 2 emissions remained consistent at approximately 38,100 tonnes CO2e. However, Scope 3 emissions have varied significantly, peaking in 2020 and then stabilising around 206,000 tonnes CO2e in 2021 and 2022. Despite these figures, IDFC has not established specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies indicates a need for enhanced climate action within the organisation. Overall, IDFC's emissions data reflects a complex landscape of carbon output, highlighting the importance of ongoing monitoring and commitment to sustainability in the finance sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 107,800 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 38,100 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 208,600 | 000,000 | 000,000 | 000,000 | 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.
International Development Finance Club (IDFC) 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.