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Public Profile
Services Auxiliary to Financial Intermediation
EG
updated 2 months ago

E-FINANCE Sustainability Profile

Company website

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.

33

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.

32

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.

52%

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E-FINANCE's reported carbon emissions

E-FINANCE, headquartered in Egypt (EG), currently does not report any carbon emissions data. However, the organisation has set ambitious climate commitments aimed at achieving significant reductions in greenhouse gas emissions. E-FINANCE has established a target to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This commitment reflects a proactive approach to mitigating climate impact and aligns with broader industry trends towards sustainability. Additionally, the company has previously reported a 40% reduction in greenhouse gas emissions and energy expenses by 2019, indicating a strong foundation for future initiatives. Furthermore, E-FINANCE is part of a long-term commitment to achieve net-zero emissions by or around mid-century, as announced in Singapore's climate ambitions. This overarching goal underscores the company's dedication to addressing climate change comprehensively across all scopes of emissions. While specific emissions data is currently unavailable, E-FINANCE's proactive stance on climate commitments positions it as a forward-thinking entity in the financial sector, committed to sustainability and environmental responsibility.

How Carbon Intensive is E-FINANCE's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. E-FINANCE's primary industry is Services Auxiliary to Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is E-FINANCE's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for E-FINANCE is in EG, which has a medium grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare E-FINANCE's Emissions with Industry Peers

Wise

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Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Fidelity National Information Services, Inc.

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Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

SoFi

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 27 days ago

Robinhood

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Squarespace

US
•
Computer and related services (72)
Updated 5 days ago

N26 Bank AG

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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