Aldar Properties, a leading real estate development company headquartered in Abu Dhabi, United Arab Emirates, has been a cornerstone of the region's property market since its establishment in 2004. With a strong focus on residential, commercial, and mixed-use developments, Aldar has successfully shaped the urban landscape of Abu Dhabi and beyond. The company is renowned for its innovative projects, including the iconic Yas Island and the award-winning Aldar Headquarters, which exemplify its commitment to quality and sustainability. Aldar Properties has consistently achieved significant milestones, positioning itself as a market leader in the UAE's real estate sector. With a diverse portfolio that includes master-planned communities and luxury developments, Aldar continues to set benchmarks in the industry, making it a trusted name for investors and homeowners alike.
How does Aldar Properties'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 Real Estate Services 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.
Aldar Properties's score of 67 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Aldar Properties reported total carbon emissions of approximately 1,632,934,000 kg CO2e. This includes Scope 1 emissions of about 73,697,000 kg CO2e, Scope 2 emissions of approximately 112,528,000 kg CO2e, and significant Scope 3 emissions totalling around 1,522,256,000 kg CO2e. The company has set ambitious targets to achieve a 90% reduction in Scope 1 and 2 emissions and a 45% reduction in Scope 3 emissions intensity by 2030, using 2021 as a baseline. Aldar Properties has committed to a long-term Net Zero target, aiming for net zero emissions by 2050, in alignment with the UAE's Net Zero by 2050 initiative. This commitment includes real reductions of at least 95% in Scope 1 and 2 emissions and 90% in Scope 3 emissions, as outlined by the Science Based Targets initiative (SBTi). The company also aims to reduce Scope 3 GHG emissions from the lifetime in-use operational emissions of sold buildings by 97% per square metre by 2050. In 2021, Aldar launched a portfolio-wide energy management project targeting a 20% reduction in energy consumption across 80 assets, including various building types. The company is actively working towards these targets, demonstrating a strong commitment to sustainability and climate action within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 44,425,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 
| Scope 2 | 341,647,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 
Aldar Properties's Scope 3 emissions, which increased by 11% last year and decreased by approximately 10% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 62% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aldar Properties has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
