sustainability report

Our mission & approach

We believe there is a way to power lives and preserve our planet. We call this Energy for Life.

Energy is the driving force of progress – it powers our homes, fuels our industries and keeps us connected. As the world’s population continues to expand, we need to ensure greater access to affordable and sustainable energy while responding to the urgent need to safeguard our planet. For more than 50 years, we’ve been committed to providing energy to empower people and communities, while protecting our environment.

Download our 2023 sustainability report

Our efforts & achievements

Our 2023 performance at a glance

Achieved

6.2m tCO₂e reduction

of our scope 1 and 2 emissions

Achieved

20% reduction

of our upstream methane emissions

Reached

20+ gigawatts

renewable energy capacity through Masdar

Returned

$11.2bn

to the UAE economy

Created

+6,500 jobs

for UAE nationals in the private sector

Kept freshwater use

to <0.5%

of our total water consumption

Planted

2.5m

mangrove seeds using drone technology

Diverted

19k tonnes

of waste from landfill

Delivering on our mission:
Energy for Life

As a progressive global energy company, we believe in a fair, equitable and responsible energy transition as set out in the UAE Consensus. Our approach to sustainability is aligned with international standards and drives our efforts to advance together towards net zero, protect nature and biodiversity, empower people and drive prosperity.

Accelerating To Net Zero Together

We aim to achieve net zero emissions in our own business operations by 2045. We are delivering on this mission by rapidly decarbonizing our operations today, while investing in the cleaner energy systems of the future. We are leveraging technology, artificial intelligence and innovation to accelerate this journey and are collaborating with our customers to lower emissions from sectors that are harder to decarbonize.

Protecting Nature and Biodiversity

We take a comprehensive approach to protecting and preserving the environment for future generations: by promoting nature-based climate solutions, engaging in biodiversity initiatives, reducing waste, using resources more efficiently, improving air quality and preventing pollution.

Empowering People and Driving Prosperity

As the world’s population expands, energy demand is increasing. Today, almost 800 million people live in energy poverty with no access to electricity. Our goal is to responsibly provide the energy people depend on daily, while driving economic growth and social progress across our communities. As we deliver on this goal, we are committed to nurturing the next generation of talent, promoting diversity and inclusion and enhancing health and wellbeing.

We’re on a transformative journey with our partners to invest in the technology and solutions that support a just, equitable and orderly energy transition.