AMK Microfinance Institution Plc Sustainability Profile
AMK Microfinance Institution Plc, commonly referred to as AMK, is a leading microfinance provider headquartered in Phnom Penh, Cambodia (KH). Established in 2003, AMK has made significant strides in the financial services sector, focusing on empowering individuals and small businesses through accessible financial solutions. Operating primarily in urban and rural regions across Cambodia, AMK offers a diverse range of products, including microloans, savings accounts, and money transfer services. What sets AMK apart is its commitment to customer-centric services and innovative financial products tailored to meet the unique needs of its clients. With a strong market presence, AMK has garnered recognition for its contributions to financial inclusion and sustainable development, positioning itself as a trusted partner in the Cambodian microfinance landscape.
DitchCarbon Score
How does AMK Microfinance Institution 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
AMK Microfinance Institution Plc's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AMK Microfinance Institution Plc, headquartered in KH, currently does not have specific carbon emissions data available for the most recent year. The institution is a current subsidiary of The Shanghai Commercial & Savings Bank, Ltd., and any climate commitments or emissions data may be inherited from this parent organization. As of now, AMK Microfinance Institution Plc has not set specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi) or disclose information through the Carbon Disclosure Project (CDP). The absence of documented climate pledges indicates a potential area for development in their sustainability strategy. Given the lack of direct emissions data and reduction initiatives, it is essential for AMK Microfinance Institution Plc to consider establishing measurable climate commitments and targets to align with industry standards and enhance its environmental responsibility.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 81,600 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 1,590,200 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is AMK Microfinance Institution Plc's Industry?
How Carbon Intensive is AMK Microfinance Institution Plc's Location?
AMK Microfinance Institution Plc's Scope 3 Categories Breakdown
AMK Microfinance Institution Plc's Scope 3 emissions, which increased by 25% last year and increased by approximately 199% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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AMK Microfinance Institution 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.
AMK Microfinance Institution 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.
