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.
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.
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.
ALLIANCE FINANCE COMPANY PLC's score of 13 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ALLIANCE FINANCE COMPANY PLC reported total carbon emissions of approximately 6,000,000 kg CO2e, comprising 2,484,000 kg CO2e from Scope 1, 619,000 kg CO2e from Scope 2, and 3,103,000 kg CO2e from Scope 3 emissions. The following year, 2024, emissions slightly decreased, with total emissions at about 6,000,000 kg CO2e, including 2,419,000 kg CO2e from Scope 1, 908,000 kg CO2e from Scope 2, and 3,327,000 kg CO2e from Scope 3. Despite these figures, ALLIANCE FINANCE COMPANY PLC has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As the company continues to operate within the financial sector, addressing carbon emissions and committing to reduction strategies will be crucial for aligning with global climate goals and enhancing their environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | 2024 | |
---|---|---|
Scope 1 | 2,484,000 | 0,000,000 |
Scope 2 | 619,000 | 000,000 |
Scope 3 | 3,103,000 | 0,000,000 |
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.
ALLIANCE FINANCE COMPANY PLC 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.