Amlak Finance, a leading Islamic finance company headquartered in Egypt (EG), has been a pivotal player in the real estate finance sector since its establishment in 2000. With a strong presence in the Middle East, Amlak Finance focuses on providing Sharia-compliant financial solutions tailored to the needs of both individual and corporate clients. Specialising in property financing, Amlak Finance offers a range of unique products, including home financing, commercial property loans, and investment solutions. The company is renowned for its commitment to ethical financing practices and customer-centric services, which have solidified its position in the competitive Islamic finance market. Over the years, Amlak Finance has achieved significant milestones, reinforcing its reputation as a trusted partner in the real estate industry.
How does Amlak Finance'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.
Amlak Finance's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Amlak Finance reported total carbon emissions of approximately 94,040 kg CO2e, comprising 27,510 kg CO2e from Scope 1, 38,770 kg CO2e from Scope 2, and 27,760 kg CO2e from Scope 3 emissions. This marked a significant increase from 2020, where total emissions were about 61,150 kg CO2e, with Scope 1 emissions at 40,510 kg CO2e and Scope 3 at 20,640 kg CO2e. In 2019, the company recorded total emissions of around 100,540 kg CO2e, with Scope 1 emissions at 47,810 kg CO2e and Scope 3 at 52,730 kg CO2e. Despite these figures, Amlak Finance has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, Amlak Finance's future commitments to carbon reduction will be crucial in aligning with industry standards and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 47,810 | 00,000 | 00,000 |
Scope 2 | - | - | 00,000 |
Scope 3 | 52,730 | 00,000 | 00,000 |
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.
Amlak Finance 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.