Amlak Finance, a leading Islamic finance company headquartered in Egypt (EG), has been a pivotal player in the real estate finance sector since its establishment in 2000. With a strong presence in the Middle East, Amlak Finance focuses on providing Sharia-compliant financial solutions tailored to the needs of both individual and corporate clients. Specialising in property financing, Amlak Finance offers a range of unique products, including home financing, commercial property loans, and investment solutions. The company is renowned for its commitment to ethical financing practices and customer-centric services, which have solidified its position in the competitive Islamic finance market. Over the years, Amlak Finance has achieved significant milestones, reinforcing its reputation as a trusted partner in the real estate industry.
How does Amlak 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.
Mean score of companies in the 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.
Amlak Finance's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Amlak Finance reported total carbon emissions of approximately 94,040 kg CO2e, with Scope 1 emissions accounting for about 27,510 kg CO2e, Scope 2 emissions at approximately 38,770 kg CO2e, and Scope 3 emissions reaching about 27,760 kg CO2e. This marked a significant increase from 2020, where total emissions were approximately 61,150 kg CO2e, primarily driven by a reduction in Scope 1 emissions to about 40,510 kg CO2e and a decrease in Scope 3 emissions to approximately 20,640 kg CO2e. Despite these fluctuations, Amlak Finance has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As a financial institution headquartered in Egypt (EG), Amlak Finance is positioned to enhance its climate commitments in line with global sustainability trends and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 47,810 | 00,000 | 00,000 |
Scope 2 | - | - | 00,000 |
Scope 3 | 52,730 | 00,000 | 00,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Amlak Finance is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.