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 21% 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 36% since 2018
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, reported total emissions of approximately 32.75 billion kg CO2e for 2022. This is a reduction from the approximately 38.97 billion kg CO2e reported in 2021.
In 2020, Masdar reported Scope 2 emissions of approximately 38.24 million kg CO2e, primarily from purchased electricity. Additional production emission factors for embodied carbon intensity of real estate assets were also reported for this year. In 2019, Scope 2 emissions from purchased electricity were approximately 33.77 million kg CO2e.
Masdar's historical emissions data includes Scope 1, 2, and 3 figures. In 2016, total emissions were approximately 33.29 billion kg CO2e, comprising Scope 1 (approximately 4.93 billion kg CO2e), Scope 2 (approximately 22.53 billion kg CO2e), and Scope 3 (approximately 5.83 billion kg CO2e). In 2015, total emissions were approximately 22.97 billion kg CO2e, with Scope 2 at approximately 21.32 billion kg CO2e and Scope 3 at approximately 846.33 million kg CO2e. Prior to that, in 2014, total emissions were approximately 29.12 billion kg CO2e, including Scope 1 (approximately 1.44 billion kg CO2e), Scope 2 (approximately 25.47 billion kg CO2e), and Scope 3 (approximately 2.24 billion kg CO2e). In 2013, total emissions stood at approximately 34.26 billion kg CO2e, broken down into Scope 1 (approximately 3.31 billion kg CO2e), Scope 2 (approximately 14.46 billion kg CO2e), and Scope 3 (approximately 17.34 billion kg CO2e).
Masdar has set ambitious climate commitments. The company aims to achieve net zero emissions by 2030. As part of this commitment, they targeted reducing their Scope 1 and 2 emissions to near zero by the middle of the decade (2025), with progress being tracked on a two-year basis for this target.
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Masdar’s Climate Goals (2030 & 2050)
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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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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