ADNEC Group has unveiled a plan to accelerate its carbon emissions reduction efforts. This strategy encompasses a series of initiatives aimed at advancing the target of attaining climate neutrality by 2045.
The strategy defines future priorities related to environmental sustainability, including 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 relationships with partners.
The strategy was reportedly developed by incorporating industry best practices and conducting “extensive global benchmarking studies.”
It 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, Managing Director 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 Conference of the Parties to the United Nations Framework Convention on Climate Change (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.”
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.
ADNEC highlighted that its 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.
ADNEC Group shared that through recycling it 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 ten years.
ADNEC Group shared that it is the first global entity to pledge to reduce carbon emissions to zero by 2045, as a member of the Carbon Neutral Events initiative.
The initiative, organised by the Joint International Conference Industry Council, aims to develop a framework for the sector to reduce carbon emissions by 2030 and achieve carbon neutrality by 2045. It also seeks to set methods for measuring the total greenhouse gas emissions produced by the sector, preparing reports on progress in achieving its goals, and allocating part of its resources to developing a collective roadmap to reduce carbon emissions.
The group has affirmed its commitment to reducing carbon emissions by 5 per cent annually, and its commitment to reducing energy consumption by the same percentage in all its operations. To achieve this, ADNEC Group is providing the latest energy-saving technologies in all its centres, and relying more on solar energy.