ALLIANCE FINANCE COMPANY PLC Sustainability Profile
ALLIANCE FINANCE COMPANY PLC, commonly referred to as Alliance Finance, is a prominent financial services provider headquartered in Bangladesh (BD). Established in 1995, the company has made significant strides in the finance industry, focusing on diverse sectors such as microfinance, leasing, and investment services. With a strong presence across major operational regions in Bangladesh, Alliance Finance is renowned for its innovative financial solutions tailored to meet the needs of both individuals and businesses. The company offers a unique blend of products, including personal loans, vehicle financing, and business leasing, distinguished by their customer-centric approach and competitive rates. Recognised for its commitment to financial inclusion, Alliance Finance has achieved notable milestones, positioning itself as a trusted partner in the financial landscape of Bangladesh.
DitchCarbon Score
How does ALLIANCE FINANCE COMPANY PLC'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.
Industry Average
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.
Industry Benchmark
ALLIANCE FINANCE COMPANY PLC's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ALLIANCE FINANCE COMPANY PLC's reported carbon emissions
In 2024, Alliance Finance Company PLC reported total carbon emissions of approximately 2,419,000 kg CO2e for Scope 1, 908,000 kg CO2e for Scope 2, and 3,327,000 kg CO2e for Scope 3, amounting to a total of about 6,654,000 kg CO2e. In 2023, the company’s emissions were slightly higher, with Scope 1 emissions at approximately 2,484,000 kg CO2e, Scope 2 at 619,000 kg CO2e, and Scope 3 at 3,103,000 kg CO2e, leading to a total of around 6,206,000 kg CO2e. Despite these figures, Alliance Finance Company PLC has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company does not inherit emissions data from a parent organization, indicating that all reported figures are self-generated. Overall, while Alliance Finance Company PLC has made strides in measuring its carbon footprint, it currently lacks defined commitments to reduce emissions in the future.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 2,484,000 | 0,000,000 |
| Scope 2 | 619,000 | 000,000 |
| Scope 3 | 3,103,000 | 0,000,000 |
How Carbon Intensive is ALLIANCE FINANCE COMPANY PLC's Industry?
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ALLIANCE FINANCE COMPANY PLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
ALLIANCE FINANCE COMPANY PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
