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 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.
Amlak Finance's score of 28 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Amlak Finance reported total carbon emissions of approximately 78,800 kg CO2e. This figure includes 22,390 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 25,800 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. Additionally, Scope 3 emissions, which encompass indirect emissions from the value chain, amounted to 18,950 kg CO2e. Comparatively, in 2021, Amlak Finance's total emissions were about 92,080 kg CO2e, with Scope 1 emissions at 36,590 kg CO2e, Scope 2 emissions at 38,770 kg CO2e, and Scope 3 emissions significantly higher at 24,550 kg CO2e. This indicates a reduction in total emissions of approximately 13,280 kg CO2e from 2021 to 2022. Amlak Finance has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.