E-FINANCE Sustainability Profile
E-FINANCE, officially known as E-Finance Investment Group, is a leading player in the financial technology sector, headquartered in Egypt (EG). Established in 2005, the company has rapidly evolved to become a cornerstone of digital payment solutions and financial services across the MENA region. Specialising in electronic payment systems, E-FINANCE offers a range of unique services, including e-payment gateways and digital wallets, designed to enhance transaction efficiency and security. The company has achieved significant milestones, such as being the first to launch a national e-payment platform in Egypt, solidifying its market position as a pioneer in the industry. With a commitment to innovation and customer-centric solutions, E-FINANCE continues to drive the digital transformation of financial services, making it a notable force in the fintech landscape.
DitchCarbon Score
How does E-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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
E-FINANCE's score of 33 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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E-FINANCE's reported carbon emissions
E-FINANCE, headquartered in Egypt (EG), has set ambitious climate commitments aimed at achieving net-zero emissions across all scopes by 2050. While specific carbon emissions data for the most recent year is not available, the company has outlined significant reduction initiatives. E-FINANCE aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025, demonstrating a strong commitment to mitigating its direct and indirect greenhouse gas emissions. In 2019, the company reported a notable reduction of approximately 40% in greenhouse gas emissions, alongside a 55% decrease in energy expenses, indicating effective energy management strategies. These initiatives reflect E-FINANCE's proactive approach to climate action, aligning with industry standards and contributing to broader sustainability goals. The absence of specific emissions data suggests a need for ongoing transparency and reporting to track progress against these commitments.
How Carbon Intensive is E-FINANCE's Industry?
How Carbon Intensive is E-FINANCE's Location?
E-FINANCE'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.
E-FINANCE 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.
