Masdar, officially known as the Abu Dhabi Future Energy Company, is a leading player in the renewable energy sector, headquartered in Abu Dhabi, United Arab Emirates (AE). Founded in 2006, Masdar has established itself as a pioneer in sustainable urban development and clean technology, with significant operations across the Middle East, North Africa, and beyond. The company focuses on various business areas, including renewable energy generation, sustainable urban development, and clean technology innovation. Masdar is renowned for its unique offerings, such as the development of Masdar City, a zero-carbon urban community, and its extensive portfolio of solar and wind energy projects. With a commitment to advancing the global energy transition, Masdar has achieved notable milestones, positioning itself as a key player in the renewable energy market and contributing to the UAE's vision for a sustainable future.
How does Masdar's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Masdar's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Masdar reported total carbon emissions of approximately 67,103,000 kg CO2e, with emissions distributed across various scopes: 588,870 kg CO2e (Scope 1), 1,476,410 kg CO2e (Scope 2), and a significant 55,488,300 kg CO2e (Scope 3). This marked a notable increase from 2022, where total emissions were about 190,130,000 kg CO2e, primarily driven by Scope 2 emissions. Masdar has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. Furthermore, the organisation is targeting net zero emissions across all scopes by 2030. These commitments reflect a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The emissions data is sourced from the Abu Dhabi Future Energy Company PJSC - Masdar, with no cascaded data from parent organisations. Masdar's initiatives and targets demonstrate a strong commitment to addressing climate change and reducing its carbon footprint in the United Arab Emirates and globally.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2016 | 2019 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 3,305,000 | 0,000,000 | - | 0,000,000 | - | 00,000,000 | 000,000 |
Scope 2 | 14,463,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000 |
Scope 3 | 17,340,000 | 0,000,000 | 000,000 | 0,000,000 | - | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Masdar is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.