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. 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's core offerings, such as solar and wind energy projects, are distinguished by their commitment to sustainability and efficiency. Notably, Masdar City, a flagship project, exemplifies the integration of sustainable living and advanced technology. With numerous accolades and a strong market position, Masdar continues to drive the global transition towards a low-carbon economy, reinforcing its reputation as a leader in the renewable energy industry.
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 Supply 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 25 is lower 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 67.1 million tonnes CO2e, with emissions distributed across various scopes: about 20.99 million tonnes CO2e from Scope 1, 5.34 million tonnes CO2e from Scope 2, and 67.1 million tonnes CO2e from Scope 3, which includes significant contributions from business travel and purchased goods and services. Masdar has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets have not been detailed in the available data. The company has been actively involved in sustainability initiatives and has received varying scores from the Carbon Disclosure Project (CDP), indicating a need for improvement in transparency and performance in climate action. Historically, Masdar's emissions have fluctuated, with total emissions recorded at approximately 38.97 million tonnes CO2e in 2021 and 32.75 million tonnes CO2e in 2022, reflecting ongoing efforts to manage and reduce their environmental impact. The company continues to focus on sustainable practices and renewable energy projects as part of its broader climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2019 | 2020 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 3,305,000 | 0,000,000 | 000,000 | - | - | 00,000,000 | 00,000,000 |
Scope 2 | 14,463,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 17,340,000 | 0,000,000 | 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 committed to some reduction initiatives 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.