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 24 is lower than 64% 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, with Scope 2 emissions from purchased electricity accounting for about 25,800 kg CO2e. This marks a reduction from 2021, when total emissions were about 94,040 kg CO2e, comprising 27,510 kg CO2e in Scope 1, 38,770 kg CO2e in Scope 2, and 27,760 kg CO2e in Scope 3. The company has demonstrated a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been disclosed. Amlak Finance does not inherit emissions data from a parent company, as it operates independently. The absence of significant climate pledges or SBTi targets indicates a need for further development in their climate strategy. Overall, Amlak Finance's emissions data reflects a trend towards lower emissions, particularly in Scope 2, but highlights the potential for more robust climate commitments moving forward.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 47,810 | 00,000 | 00,000 | - |
| Scope 2 | - | - | 00,000 | 00,000 |
| Scope 3 | 52,730 | 00,000 | 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.
