Amlak Finance
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the 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
Amlak Finance's score of 28 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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Amlak Finance's reported carbon emissions
In 2022, Amlak Finance reported total carbon emissions of approximately 85,260 kg CO2e. This figure includes Scope 1 emissions of about 22,390 kg CO2e, Scope 2 emissions of approximately 25,800 kg CO2e, and Scope 3 emissions totalling around 18,950 kg CO2e. Comparatively, in 2021, the company recorded total emissions of about 82,215 kg CO2e, with Scope 1 emissions at approximately 36,590 kg CO2e, Scope 2 emissions at around 38,770 kg CO2e, and significant Scope 3 emissions of about 243,550 kg CO2e, primarily from purchased goods and services. Amlak Finance's emissions have shown fluctuations over the years, with a notable decrease in Scope 1 and Scope 2 emissions from 2021 to 2022. In 2020, total emissions were reported at approximately 100,540 kg CO2e, with Scope 1 at about 19,820 kg CO2e and Scope 2 at around 27,510 kg CO2e. Despite these emissions figures, Amlak Finance has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates independently without cascading emissions data from a parent organisation, ensuring that its reported figures reflect its own operational impact. Overall, Amlak Finance's emissions data highlights the need for ongoing monitoring and potential commitment to future climate initiatives to further reduce its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 47,810 | 00,000 | 00,000 | 00,000 |
| Scope 2 | - | 00,000 | 00,000 | 00,000 |
| Scope 3 | 52,730 | 00,000 | 000,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
