BLOM Bank Egypt S.A.E., a prominent player in the Egyptian banking sector, is headquartered in Cairo, Egypt. Established in 1976, the bank has grown to become a key provider of financial services, catering to both individual and corporate clients across the country. With a strong focus on retail banking, corporate banking, and investment services, BLOM Bank Egypt distinguishes itself through innovative products and personalised customer service.
The bank has achieved significant milestones, including expanding its branch network and enhancing digital banking solutions, which have solidified its market position. Known for its commitment to financial inclusion and sustainable development, BLOM Bank Egypt continues to play a vital role in the economic landscape of Egypt, offering unique services that meet the evolving needs of its diverse clientele.
+6 vs industry average
BLOM Bank Egypt S.A.E.’s score of 43 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
No reported emissions data is available for BLOM Bank Egypt S.A.E. yet.
BLOM Bank Egypt S.A.E.'s reported carbon emissions
BLOM Bank Egypt S.A.E. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported emissions figures. The bank is a merged entity and inherits its climate-related data from the Arab Banking Corporation (B.S.C.), which is at cascade level 1 in the corporate family relationship.
As of now, BLOM Bank Egypt has not established any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the bank may still be in the early stages of formalising its climate commitments.
In the context of the banking industry, it is increasingly important for financial institutions to address climate change and carbon emissions. While BLOM Bank Egypt has not yet reported on its emissions or set reduction targets, it is essential for the bank to align with industry standards and best practices in sustainability to enhance its environmental impact and meet stakeholder expectations.
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BLOM Bank Egypt S.A.E.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for BLOM Bank Egypt S.A.E. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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