Masdar, officially known as the Abu Dhabi Future Energy Company, is a leading player in the electricity sector, particularly in renewable energy and sustainable urban development. Headquartered in Abu Dhabi, United Arab Emirates, Masdar has established a significant presence in various regions, focusing on innovative energy solutions and sustainable practices.
Founded in 2006, Masdar has achieved notable milestones, including the development of Masdar City, a pioneering sustainable urban community. The company is renowned for its core services in renewable energy, including solar and wind power projects, which are distinguished by their commitment to sustainability and cutting-edge technology.
With a strong market position, Masdar has garnered recognition for its contributions to the global renewable energy landscape, positioning itself as a key player in the transition towards a low-carbon future.
-9 vs industry average
Masdar’s score of 6 is lower than 23% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2022
Reported emissions
Scope 3 accounts for ••• of total emissions.
Masdar's reported carbon emissions
Masdar, headquartered in AE and operating in the Electricity nec industry, has reported emissions data for several years. In 2022, the company's total emissions were approximately 32.75 million kg CO2e. This figure decreased from approximately 38.97 million kg CO2e in 2021. In 2020, Masdar reported Scope 2 emissions of approximately 38.24 million kg CO2e. Prior to this, in 2016, Masdar disclosed Scope 1, 2, and 3 emissions totalling approximately 33.29 million kg CO2e, comprising approximately 4.93 million kg CO2e for Scope 1, 22.53 million kg CO2e for Scope 2, and 5.83 million kg CO2e for Scope 3. Masdar has set significant climate commitments. The company aims to achieve net zero emissions by 2030. Furthermore, it has committed to reducing its Scope 1 and 2 emissions to near zero by the middle of the current decade, targeting 2025. These targets are considered on track for the near term.
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Masdar’s Climate Goals (2030 & 2050)
2 goals2030
We aim to achieve net zero emissions by 2030
We aim to achieve net zero emissions by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Masdar
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