ADNOC Distribution, the leading UAE retailer, is making significant strides in sustainability, as outlined in its comprehensive Sustainability Strategic Framework. This framework details the company’s short, medium, and long-term goals and objectives aimed at driving progress and implementing sustainability practices throughout the organization.
One notable achievement is ADNOC Distribution’s groundbreaking move to secure a US.5 billion sustainability-linked loan, making it the first UAE retailer to tap into such financing tied to sustainability indicators. This demonstrates the company’s commitment to incorporating sustainability into its business operations.
In its 2023 ESG Report, ADNOC Distribution highlights the environmental progress it has made towards its sustainability goals. The company has taken significant steps to reduce its environmental impact, including generating and consuming 2,369 GJ of solar energy, resulting in a reduction of more than 296 tonnes of greenhouse gas emissions. Furthermore, ADNOC Distribution has installed 26 rooftop solar PV panels across its service stations to augment its use of renewable energy sources.
Athmane, a representative of ADNOC Distribution, emphasized the company’s dedication to embracing renewable energy by deploying solar panels at service stations in Dubai, with plans for a phased rollout across the UAE. Additionally, ADNOC Distribution has introduced innovative solutions such as pioneering coolant products for electric vehicles and hybrid vehicles, showcasing its commitment to sustainability through technological advancements.
Moreover, ADNOC Distribution has set a precedent in the region by operating the first high-speed hydrogen refueling stations in the Middle East. Furthermore, the company’s commitment to sustainability is evident in its heavy fleet operations, with 100% of its company-owned heavy fleet utilizing biofuel, resulting in a notable reduction of 333 tonnes of emissions in 2023.
In addition to its environmental efforts, ADNOC Distribution is actively contributing to social initiatives in the UAE. The company has achieved a 62.5% Emiratisation rate, aligning with the UAE government’s initiative to increase the employment of its citizens within the workforce.
Through its sustainability initiatives and commitment to environmental and social responsibility, ADNOC Distribution is setting a positive example for other companies in the region. By leveraging innovative solutions and embracing renewable energy sources, the company is not only reducing its environmental footprint but also contributing to the development of a sustainable future for the UAE.
In conclusion, ADNOC Distribution’s dedication to sustainability is evident in its comprehensive Sustainability Strategic Framework and tangible progress towards its goals. By leading the way in sustainability-linked financing, implementing renewable energy solutions, and reducing emissions through innovative practices, ADNOC Distribution is paving the way for a greener and more sustainable future in the UAE.