Aldar launches comprehensive plan to decarbonise its business and assets

Aldar launches comprehensive plan to decarbonise its business and assets

ABU DHABI, 12th January, 2023 (WAM) -- Aldar Properties has today launched its Net Zero Plan, with a commitment to becoming a Net Zero carbon business across its Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions by 2050, in line with the goals of the Paris Agreement and the UAE Net Zero by 2050 Strategic Initiative.

Aldar has also set science-aligned 2030 interim targets, which will see it achieve Net Zero in its Scope 1 and Scope 2 GHG emissions and deliver a 45 percent reduction in the intensity of its Scope 3 GHG emissions relative to the company’s 2021 baseline.

Aldar’s Net Zero Plan explains how it will achieve Net Zero in its direct emissions and the embodied carbon of all its developments and projects, as well as emissions associated with its supply chain and tenants. By launching this Plan, Aldar is taking a leading position on the global transition to Net Zero and is underlining its commitment to helping control the effects of climate change.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar Properties, said, “As one of the UAE’s largest real estate developers and managers, and with a growing presence across the wider Middle East, Aldar