e& Commits to Net Zero Operation by 2030
e& declared its net zero targets by 2030, during the Group’s participation at COP27, aimed at reducing carbon emissions across its operations and accelerating its efforts to contribute to global climate action.
The global technology and investment conglomerate has pledged its commitment to achieving net zero within its Group’s operations in the UAE for Scope 1 and 2 emissions by 2030, focusing on key initiatives to reduce its carbon footprint through improving energy efficiency.
e&’s climate action programme will be aligned with the Science Based Targets initiative (SBTi), a collaboration between the Carbon Disclosure Project, the United Nations Global Compact and the World Resources Institute, to set an emissions reduction trajectory between 2020 and 2030.
e&’s programme will set out a clear net zero carbon emissions roadmap for it to advance its sustainability initiatives that have a positive human impact on future plans and operations.
WEF, Partners Launch Guide for Sustainable Ocean-based Carbon Markets
H.E. Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment said: “The UAE is taking massive action alongside its partners to address the global challenges related to climate change, leading the energy transition by reducing the carbon impact.
"We pledge to reach net zero emissions by 2050, as the first country in the MENA region, knowing that deploying sustainable and clean technologies and investing in renewable energy projects in developing countries will enable us to contribute more effectively to the future of humanity."
Currently, the UAE is ranked number one for the highest Fiber-to-the-Home (FTTH) penetration, maintaining its leadership position since 2016. e& constantly manages its environmental impact and strives to protect natural resources by strategically investing in sustainable solutions.
Hatem Dowidar, Group CEO, e&, said: “Sustainability is at the heart of everything we do.
"Our sustainability plans and ambitions are aligned to support the UAE's Net Zero 2050 Strategic Initiative and the United Nations Sustainable Development Goals, as well as our commitment to the GSMA's initiative to take the entire mobile industry to net zero carbon emissions by 2050."
Read more: NCVC Showcases its Initiatives at Saudi Green Initiative Forum