Committed to Sustainability
Environment social and governance values are a thread that run through the heart of our corporate strategy. As a National low-carbon champion and a key decarbonization enabler in the UAE our emissions reduction goals represent a credible step towards achieving net zero and are a demonstration of our commitment to catalyzing the energy transition. We are well on the way to achieving our medium and long-term sustainability ambitions while enabling wider decarbonization across the UAE economy. At TAQA we are driven by a commitment to aligning our strategy with sustainable development, climate action and a just energy transition for all.
ESG Ambitions
Climate Change
- Achieve Net Zero scope 1 and 2 GHG emissions by 2050
- Reduce scope 1 and 2 GHG emissions across the Group by 25% and in UAE by 33% by 2030 compared to the 2019 base year (interim)
- Enhance climate resilience through reducing risks and increasing adaptive capacity
Water and effluents
- Reduce energy consumption for desalination by expanding highly efficient reverse osmosis technologies to make up two-thirds of desalination by 2030
- Reduce losses in water distribution by 25% in 2030 compared to 2021 base year
Occupational health and safety
- Increase transparency of reporting
- Maintain focus on prevention of incidents through a shift in safety culture and approach
Diversity and equal opportunity
- Reinforce diversity across four groups: gender, age, nationality and People of Determination
- Have 30% women in management positions by 2030
Local community engagement
- Focus group CSR efforts on two themes: Education equality and Environment covering eight SDGs
- Increase CSR spend above current levels both nationally and globally
Corporate governance
Continue adoption of governance best practices beyond local regulations and requirements
ESG Ratings
Disclaimer Statement
The use by TAQA of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI Logos, Trademarks, Service Marks or Index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of TAQA by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are Trademarks or Service Marks of MSCI.
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Supporting the UN Sustainable Development Goals
At TAQA, we are supportive of all the UNDSGs, and we align our programmes and initiatives with the UNSDG goals most relevant to the energy and utilities sector, in which our operations fall. The UNSDGs were leveraged in the development of the TAQA ESG Strategy and associated ESG ambitions. We are committed to playing our part in narrowing the gap towards achieving the UNSDGs.
As a signatory to the United Nations Global Compact (UNGC), TAQA completes an annual Communication on Progress (COP) submission, demonstrating our progress in working towards the Ten Principles of the UNGC, in the areas of human rights, labour, environment and anti-corruption.
Abu Dhabi National Energy Company PJSC (TAQA) | UN Global CompactESG Profile
Sustainability Reports
Sustainable Finance
Our Impact
We strive to provide value to stakeholders and communities around the world.