ADNEC Group Develops Strategy to Achieve Net-zero Carbon Emissions by 2045
ADNEC Group has unveiled an ambitious plan to accelerate its carbon emissions reduction efforts, reinforcing its commitment to sustainability across all seven of its business units.
This comprehensive strategy encompasses a series of initiatives aimed at advancing the target of attaining climate neutrality by 2045, one-step ahead of the UAE’s original 2050 goal.
The measures underscore ADNEC Group's commitment to environmental responsibility and reflect its progress, in line with the UAE's vision to achieve carbon neutrality targets by 2050.
The strategy defines future priorities related to environmental sustainability such as energy management, recycling, carbon footprint, and social sustainability issues, including sustainable community impact and effective involvement of community institutions.
It also covers governance-related issues including effective corporate governance, empowerment, professional development, and relationship with partners.
The strategy was developed by incorporating industry best practices and conducting extensive global benchmarking studies.
It is aligned with global policies in sustainability, such as the United Nations Sustainable Development Goals, the Paris Declaration, as well as UAE sustainability policies and strategies, such as the Energy Strategy 2030, the Green Agenda, and the National Plan for Climate Change, the Environmental Vision 2030.
The strategy includes a set of transformational initiatives, such as carbon emission reduction projects, which include operations efficiency, energy optimisation, waste management and recycling.
It also includes projects and initiatives to enhance societal impact, work environment and productivity.
Additionally, the initiatives portfolio includes best practices in corporate governance, including achieving results, resource management, integrity, transparency, succession planning, and internal audit.
Humaid Matar Al Dhaheri, MD and CEO of ADNEC Group, said: "The continuous successes achieved by ADNEC Group in the field of sustainability reflect the Group’s commitment to supporting the UAE’s objectives and national strategies to achieve sustainable development.
"They also align with the objectives of the Year of Sustainability by uniting efforts to address sustainability challenges and implement Innovative solutions to achieve a better future for the new generations.
"We, at ADNEC Group, are keen to strengthen our efforts to achieve sustainability across all of our sectors of operation, in accordance with our long-term strategy.
"In cooperation with our partners under the umbrella of ADQ Holding, we are getting ready to take part in the COP28, which will be hosted in the UAE later this year.
"In doing so, we contribute to achieving the UAE's efforts regarding climate neutrality, and advancing the economic development of the emirate of Abu Dhabi in the business and leisure tourism sectors."
In recognition of its sustainability efforts, ADNEC Group received five awards for its active role in adopting best environmental practices and working to implement a sustainability approach across all its operations.
These include receiving the AEO Excellence Awards for three years, the Abu Dhabi Awards for Sustainable Entrepreneurship, and the Sustainability Award within the Middle East Events Awards for three years.
According to ADNEC Group's key environmental performance indicators, 90 per cent of its facilities and offices have obtained ISO 14001 certification in environmental management, and ISO certification in sustainable environmental and social impact of events.
This reflects the group’s commitment to environmental and social performance and adherence international standards in this field. In addition, the rate of customer satisfaction with the services of the ADNEC Group reached 96%.
ADNEC's achievements include recycling 49 per cent of the waste generated from its operations during 2022, and using the remaining waste in energy generation, according to best standards and practices.
This also comes in line with the group’s commitment to achieving optimal use of recyclable materials and reducing waste production, which contributes to preserving the environment and reducing carbon emissions, in addition to its extensive efforts to reduce water consumption by employing advanced technology.
Through recycling, ADNEC Group contributed to reducing carbon dioxide emissions by 10,000 tonnes. The total recycled materials in the group's centres amounted to 4,434.11 tonnes over the past 10 years.