RAK
RAK, officially known as Ras Al Khaimah Economic Zone, is a prominent player in the free zone industry, headquartered in the United Arab Emirates (AE). Established in 2000, RAK has rapidly evolved into a key economic hub, facilitating business operations across various sectors, including manufacturing, logistics, and services. With a strategic location in the northern emirate of Ras Al Khaimah, the zone offers businesses access to regional and international markets. RAK is renowned for its unique offerings, such as flexible licensing options and state-of-the-art infrastructure, which cater to diverse business needs. The economic zone has achieved significant milestones, positioning itself as a leading destination for foreign investment and entrepreneurship in the Middle East.
DitchCarbon Score
How does RAK'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
RAK's score of 17 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
RAK's reported carbon emissions
In 2023, RAK reported total carbon emissions of approximately 9,088,920 kg CO2e, comprising about 1,961,570 kg CO2e from Scope 1 emissions and about 7,127,350 kg CO2e from Scope 2 emissions. This marks a slight increase in emissions compared to 2022, where total emissions were about 8,348,860 kg CO2e, with Scope 1 at approximately 1,862,790 kg CO2e and Scope 2 at around 6,486,070 kg CO2e. Over the years, RAK has demonstrated a significant reduction in emissions from 2018, when total emissions were about 1,003,000,000 kg CO2e (Scope 1: 951,259,000 kg CO2e; Scope 2: 47,466,000 kg CO2e). By 2021, emissions had decreased to approximately 10,064,190 kg CO2e, indicating a substantial reduction effort. Despite these reductions, RAK has not established specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to the Science Based Targets initiative (SBTi). The company continues to focus on managing its emissions, particularly in Scope 1 and 2 categories, while striving for further improvements in its carbon footprint.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 951,259,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 47,466,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
RAK is not committed to any reduction initiatives 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.
