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 (AE), operating in the Electricity nec industry, has made significant climate commitments. The company aims to achieve net zero emissions by 2030. In the near term, they have also set a target to reduce their Scope 1 and 2 emissions to near zero by the middle of the decade, specifically by 2025.
For the reporting year 2022, Masdar reported total emissions of approximately 32.75 million kg CO2e. This is a reduction from the approximately 38.97 million kg CO2e reported in 2021. In 2020, the company's Scope 2 emissions from purchased electricity were approximately 38.24 million kg CO2e. Prior to that, in 2016, Masdar reported total emissions of approximately 33.29 million kg CO2e, comprising approximately 4.93 million kg CO2e for Scope 1, approximately 22.53 million kg CO2e for Scope 2, and approximately 5.83 million kg CO2e for Scope 3. In 2015, total emissions were approximately 22.97 million kg CO2e, with Scope 2 at approximately 21.32 million kg CO2e and Scope 3 at approximately 0.85 million kg CO2e. In 2014, total emissions were approximately 29.12 million kg CO2e, with Scope 1 at approximately 1.44 million kg CO2e, Scope 2 at approximately 25.47 million kg CO2e, and Scope 3 at approximately 2.24 million kg CO2e. Their 2013 data shows total emissions of approximately 34.26 million kg CO2e, including approximately 3.31 million kg CO2e for Scope 1, approximately 14.46 million kg CO2e for Scope 2, and approximately 17.34 million kg CO2e for Scope 3.
Masdar's reporting for 2020 and 2019 indicates emissions data primarily for Scope 2, specifically purchased electricity. For 2020, purchased electricity emissions were approximately 38.24 million kg CO2e, and for 2019, they were approximately 33.77 million kg CO2e. The company also reported production emission factors for items such as grid electricity and diesel in previous years, contributing to their emissions calculations.
Masdar's emissions data is not cascaded from a parent organisation.
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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.
See all 2 climate goals
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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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