E& announces commitment to achieve net-zero carbon emissions by 2040

  • Date: 06-Dec-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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E& announces commitment to achieve net-zero carbon emissions by 2040



DUBAI - e& today announced that it has committed to achieving zero carbon emissions across its own operations (Scope 1 and 2) in all markets by 2040, embarking on a decisive journey towards environmental sustainability, building on the company’s previous commitment to be net zero across its own operations in the UAE by 2030. In support of this objective, the company announced near term targets (2030) of a Group wide reduction of 43 percent from its own activities and the energy it purchases and uses (Scope 1 and 2 emissions). It also pledged a 25 percent reduction of Scope 3 emissions including its supply chain and investments. The company also announced its submission of these near-term targets across all markets for SBTI verification in May this year. e& remains committed to net zero emissions across its entire value chain (Scope 1, 2 and 3 emissions) by 2050, reducing the Group's total emissions in absolute terms and mitigating the remaining emissions through high quality carbon offsetting. Hatem Dowidar, Group CEO, e&, said, "At e&, we go beyond envisioning a green future, but are actively shaping it through our cutting-edge digital solutions and sustainable practices. Our ambition extends beyond the UAE to