ADNOC Distribution Releases Comprehensive 2024 ESG Report Highlighting Sustainability And Innovation Efforts

ADNOC Distribution has unveiled its 2024 Environmental, Social, and Governance (ESG) Report. This document highlights significant advancements in sustainability, climate initiatives, innovation, community investment, and national value creation. The report aligns with the UAE's Net Zero by 2050 agenda and ADNOC Group’s Net Zero by 2045 ambition. It adheres to GRI Standards and has been verified by KPMG.

ADNOC Distribution is actively refining its ESG strategic vision to align with prominent local and global ESG agendas. These include the UAE Energy Strategy 2050, the UAE initiative for Net Zero by 2050, the National Climate Change Plan of the UAE 2017-2050, Environment Vision 2030, and Abu Dhabi Economic Vision 2030.

The company is committed to reducing its carbon footprint through various initiatives. ADNOC Distribution aims to cut carbon intensity in its operations by 25% by 2030. This goal is part of their Decarbonization Roadmap announced in 2023, which outlines efforts to lower carbon emissions and energy consumption.

To achieve these objectives, ADNOC Distribution is identifying energy-saving opportunities within its facilities. This includes retrofitting existing buildings and promoting renewable energy integration within its business operations.

Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, expressed pride in the company's achievements over the past year. He stated that ADNOC Distribution has made significant progress in sustainability, innovation, and responsible growth.

The company has notably improved its ESG ratings and expanded its electric vehicle (EV) network to include 220 charging points. Additionally, over 20 AI-driven projects have been advanced to enhance sustainability and operational efficiency.

Focus on National Development

ADNOC Distribution's commitment to national development is evident through an Emiratisation rate exceeding 62%. Furthermore, AED 3.9 million has been allocated towards corporate social responsibility (CSR) initiatives.

The company emphasises transparent governance alongside robust financials and forward-thinking sustainability initiatives. This approach aims to build a future that supports both environmental well-being and community welfare.

"Through our initiatives," said Eng. Bader Saeed Al Lamki, "ADNOC Distribution is constantly seeking new ways to reduce our carbon footprint and promote renewable energy solutions." The company remains dedicated to fostering a sustainable future while contributing positively to society.

With inputs from WAM