Orascom Construction PLC, a leading global engineering and construction firm, is headquartered in the United Arab Emirates (AE). Founded in 1950, the company has established a strong presence in the Middle East, North Africa, and beyond, specialising in infrastructure, industrial, and commercial projects. With a diverse portfolio that includes construction, engineering, and project management services, Orascom Construction is renowned for its commitment to quality and innovation. The company has achieved significant milestones, including major developments in the energy and transportation sectors, positioning itself as a key player in the construction industry. Notable achievements, such as its involvement in landmark projects, underscore Orascom Construction's reputation for excellence and reliability, making it a preferred partner for clients seeking comprehensive construction solutions.
How does Orascom Construction PLC'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 Construction Work 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.
Orascom Construction PLC's score of 33 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Orascom Construction PLC, headquartered in the United Arab Emirates (AE), has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has outlined a near-term target to cut emissions by approximately 50% across all scopes by 2030. This commitment is crucial for aligning with the 1.5 °C target set by the Paris Agreement. In addition to this near-term goal, Orascom Construction is part of the BESIX Group, which aims to achieve carbon neutrality for its direct (Scope 1) and indirect (Scope 2) emissions by 2050. This long-term objective reflects a comprehensive approach to sustainability, addressing both operational and supply chain emissions. Furthermore, BESIX has established intermediate intensity reduction targets, aiming for a 40% reduction in emissions intensity related to turnover by the end of 2030, using 2019 as the baseline year. These initiatives demonstrate Orascom Construction's commitment to tackling climate change and reducing its overall carbon footprint in the construction industry.
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.
Orascom Construction PLC is not participating in any of the initiatives that 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.