- Shrinking financing assets portfolio leading to decline in financing income.
- Continued delinquencies in financing assets portfolio posing a risk to cash flow.
- Inventory of investment properties and other investments outside the UAE requiring disposal.
- Lack of competitiveness with other banks in financing portfolio pricing.
- Significant inventory of real estate assets posing a risk of non-compliance with Finance Companies Regulations.
Amlak Finance PJSC
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Amlak Finance PJSC disclosed greenhouse gas emissions of 78.80 tCO2e/year (Scope 1 & 2). By scope: Scope 1: 25.80 tCO2e/year; Scope 2: 38.77 tCO2e/year; Scope 3: 18.95 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
78.80 tCO2e/year (Scope 1 & 2)
2022
Water Usage
243.55 m3/year
2022
Energy Use
748.09 GJ/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 25.80 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 38.77 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 18.95 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 78.80 tCO2e/year (Scope 1 & 2) |
| 2021 | 94.04 MT CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Digitally signed 2,574 sets of documents in 2022, saving 18,130 pieces of paper and 1,216 metric tons of CO2 equivalent.
- Launched the "Green Call" initiative for responsible electronic waste disposal.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase Emiratization to 10% of workforce.
🔭 Long-term
- Transition to net-zero carbon buildings.
🌱 ESG Focus Areas
Climate ChangeBusiness ProsperityEmiratizationData PrivacyTraining & DevelopmentEthical MarketingDiversity, Inclusion & Equal OpportunityCommunity WellbeingSustainability PracticesDigitalizationRobust Governance & Ethical Business ConductValuable Employment