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ALEXBANK

Sustainability Report and Carbon Intensity Rankings

Is ALEXBANK doing their part?

Their DitchCarbon score is 53

ALEXBANK has a DitchCarbon Score of 53, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their size and output. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

ALEXBANK is part of the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

ALEXBANK, located in Egypt, operates in a region with a medium carbon intensity rating. This suggests that while the country’s energy mix has a moderate environmental impact, the bank’s sustainability efforts may need to focus on reducing its carbon footprint to improve overall sustainability.
2.17%

...this company is doing 2.17% better in emissions than the industry average.

AlexBank, founded in 1957, is a prominent player in Egypt’s finance sector and represents the largest private sector bank in terms of branch network. With its headquarters in Egypt, the bank boasts a vast network of 180 branches serving over 1.5 million customers. Offering a comprehensive portfolio of financial services, AlexBank has embraced an ambitious development strategy to align with the innovative systems of its major shareholder, Intesa Sanpaolo.

emission intelligence's platform recommendations for ALEXBANK

ALEXBANK could reduce its process emissions by implementing waste heat recovery systems, which would enhance energy efficiency and lower emissions.

Bad news, ALEXBANK hasn't committed to SBTi goals yet

ALEXBANK has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is still in the process of defining clear, science-based emissions reduction targets to align with global climate action efforts.
Not participating

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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