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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.
-10 vs industry average
Masdar’s score of 6 is lower than 22% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Masdar, an Electricity nec company based in AE, reported total emissions of approximately 32,746,000 kg CO2e in 2022. This represents a decrease from 38,971,000 kg CO2e in 2021. For 2020, Masdar reported Scope 2 emissions from purchased electricity of approximately 38,241,000 kg CO2e. In 2019, Scope 2 emissions from purchased electricity were approximately 33,767,000 kg CO2e.
Looking back to 2016, Masdar reported total emissions of approximately 33,285,000 kg CO2e, including Scope 1 emissions of approximately 4,926,000 kg CO2e, Scope 2 emissions of approximately 22,526,000 kg CO2e, and Scope 3 emissions of approximately 5,833,000 kg CO2e. In 2015, total emissions were approximately 22,970,710 kg CO2e, comprising Scope 2 emissions of approximately 21,315,000 kg CO2e (with purchased electricity accounting for about 19,353,460 kg CO2e) and Scope 3 emissions of approximately 846,330 kg CO2e. For 2014, total emissions were around 29,122,000 kg CO2e, with Scope 1 emissions of approximately 1,440,000 kg CO2e, Scope 2 emissions of approximately 25,465,000 kg CO2e, and Scope 3 emissions of approximately 2,242,000 kg CO2e. In 2013, total emissions reached approximately 34,262,000 kg CO2e, including Scope 1 emissions of approximately 3,305,000 kg CO2e, Scope 2 emissions of approximately 14,463,000 kg CO2e, and Scope 3 emissions of approximately 17,340,000 kg CO2e.
Masdar is committed to reducing its carbon footprint with a near-term target to achieve net-zero Scope 1 and Scope 2 emissions by the middle of this decade (2023-2025). The company also aims to achieve overall net-zero emissions by 2030.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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No scope 3 category breakdown has been disclosed yet.
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