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International Finance Corporation
Financial IntermediationUnited States
Last verified 23 days agoifc.org
The International Finance Corporation (IFC), a member of the World Bank Group, is headquartered in the United States and operates globally, focusing on developing countries. Founded in 1956, IFC plays a pivotal role in the financial intermediation services sector, specifically excluding insurance and pension funding services.
With a mission to promote private sector investment in emerging markets, IFC offers a range of core products and services, including investment and advisory services that facilitate sustainable economic growth. Its unique approach combines financial expertise with a commitment to social and environmental sustainability, positioning it as a leader in the industry.
Notable achievements include significant contributions to infrastructure development and job creation in various regions, reinforcing IFC's status as a key player in fostering economic resilience and innovation worldwide.
34
DitchCarbon score
-3 vs industry average
International Finance Corporation’s score of 34 is lower than 49% 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
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
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.
International Finance Corporation's reported carbon emissions
International Finance Corporation, a US-based financial intermediation services provider, reported Scope 1 emissions of 1,026,000 kg CO2e and Scope 2 emissions of 7,428,000 kg CO2e in 2023. This is an increase from 2022, which saw Scope 1 emissions at 1,022,000 kg CO2e and Scope 2 at 7,386,000 kg CO2e. In 2021, the company's Scope 1 emissions were 970,000 kg CO2e and Scope 2 were 7,275,000 kg CO2e.
International Finance Corporation has set several climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to "near zero" by 2025. Additionally, in 2018, the company established a global corporate carbon emissions reduction target to cut its facility-related Scope 1 and Scope 2 emissions by 20% by 2026, using a 2016 baseline.
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International Finance Corporation’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
International Finance Corporation23 days ago
34
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