Dp World

DP World, a leader in sea and coastal water transportation services headquartered in the UAE, has established ambitious climate commitments, including a goal to achieve net-zero GHG emissions across all scopes by 2050. This overarching net-zero target is underpinned by near-term goals, with a 2022 baseline year.

Carbon Emissions Data:

• 2025: DP World reported a total of approximately 3.63 billion kg CO2e. This breaks down into approximately 3.07 billion kg CO2e for Scope 1 emissions and approximately 279 million kg CO2e for Scope 2 emissions (market-based). Scope 3 emissions totalled approximately 647 million kg CO2e across various categories, excluding upstream transportation and distribution.
• 2024: Total emissions were approximately 3.97 billion kg CO2e, comprising approximately 3.05 billion kg CO2e for Scope 1 and approximately 293 million kg CO2e for Scope 2 (market-based). Scope 3 emissions amounted to approximately 630 million kg CO2e.
• 2023: Total emissions were approximately 3.99 billion kg CO2e, with Scope 1 emissions at approximately 3.07 billion kg CO2e and Scope 2 emissions at approximately 287 million kg CO2e (market-based). Scope 3 emissions totalled approximately 630 million kg CO2e.
• 2022: Total emissions were approximately 8.05 billion kg CO2e, including Scope 1 emissions of approximately 3.03 billion kg CO2e, Scope 2 emissions of approximately 597 million kg CO2e (market-based), and Scope 3 emissions of approximately 4.82 billion kg CO2e.
• 2021: Total emissions were approximately 3.23 billion kg CO2e, with Scope 1 emissions at approximately 2.70 billion kg CO2e and Scope 2 emissions at approximately 526 million kg CO2e (market-based). Scope 3 emissions were reported at approximately 1.53 million kg CO2e.
• 2020: Total emissions were approximately 2.13 billion kg CO2e, with Scope 1 emissions at approximately 1.58 billion kg CO2e and Scope 2 emissions at approximately 556 million kg CO2e (market-based).
• 2019: Total emissions were approximately 1.24 billion kg CO2e, comprising approximately 622 million kg CO2e for Scope 1 and approximately 617 million kg CO2e for Scope 2 (market-based). Scope 3 emissions were not disclosed for this year.
• 2018: Total emissions were approximately 1.10 billion kg CO2e, with Scope 1 emissions at approximately 563 million kg CO2e and Scope 2 emissions at approximately 541 million kg CO2e. Scope 3 emissions were not disclosed.
• 2017: Total emissions were approximately 1.14 billion kg CO2e, with Scope 1 emissions at approximately 596 million kg CO2e and Scope 2 emissions at approximately 547 million kg CO2e. Scope 3 emissions were not disclosed.

Climate Commitments and Reduction Targets:

DP World has secured Science Based Targets initiative (SBTi) validation for its climate targets. Key commitments include:

• Net-Zero by 2050: A long-term ambition to achieve net-zero GHG emissions across the entire value chain by 2050.
• Scope 1 Reduction: A commitment to reduce Scope 1 GHG emissions by 42% by 2030, using 2022 as a base year.
• Scope 2 Reduction: A target to reduce Scope 2 GHG emissions by 62.2% by 2030, referencing a 2022 baseline.
• Scope 3 Reduction: A pledge to reduce absolute Scope 3 GHG emissions by 28% by 2030, against a 2022 baseline.
• Long-Term Reduction: A commitment to reduce Scope 1, 2, and 3 GHG emissions by 90% by 2050, compared to the 2022 baseline.

In 2024, DP World reported a reduction in its carbon footprint of over 3% year-on-year and a 15% reduction for Scope 1 and Scope 2 emissions compared to its 2022 baseline.

DP World Limited's sustainability initiatives and targets are cascaded to DP World FZE, as DP World FZE is a current subsidiary. These cascaded targets include SBTi-validated commitments to reach net-zero GHG emissions by 2050.