Banque Misr

Banque Misr's reported carbon emissions

In 2022, Banque Misr reported total carbon emissions of approximately 86,263,000 kg CO2e. This figure encompasses emissions across all scopes, with Scope 1 emissions at about 14,470,000 kg CO2e, Scope 2 emissions at approximately 40,326,000 kg CO2e, and Scope 3 emissions reaching about 31,467,000 kg CO2e. Notably, the Scope 1 emissions include mobile combustion (about 5,435,000 kg CO2e), fugitive emissions (approximately 8,090,000 kg CO2e), and stationary combustion (around 945,000 kg CO2e). Despite the significant emissions, Banque Misr has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The bank's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. Banque Misr's climate commitments remain vague, with no specific pledges or initiatives outlined to address its carbon footprint. The bank's emissions profile highlights the need for enhanced sustainability strategies to mitigate its environmental impact.