Taqa
Taqa, officially known as Abu Dhabi National Energy Company, is a leading integrated energy company headquartered in Abu Dhabi, United Arab Emirates (AE). Founded in 2005, Taqa has established a significant presence in the oil, gas, and power sectors, with operations spanning the Middle East, North Africa, and beyond. The company focuses on power generation, water desalination, and oil and gas exploration, offering unique solutions that leverage advanced technology and sustainable practices. Taqa's commitment to innovation and efficiency has positioned it as a key player in the energy market, with notable achievements in renewable energy initiatives and strategic partnerships. With a robust portfolio and a vision for sustainable growth, Taqa continues to drive energy solutions that meet the evolving needs of its diverse clientele.
DitchCarbon Score
How does Taqa'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 Natural Gas Liquids 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
Taqa's score of 24 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Taqa's reported carbon emissions
In 2023, Taqa reported total carbon emissions of approximately 49,980,000,000 kg CO2e, comprising 49,980,000,000 kg CO2e from Scope 1, 250,000,000 kg CO2e from Scope 2, and 21,350,000,000 kg CO2e from Scope 3 emissions. This represents a significant reduction from previous years, with emissions decreasing from about 60,140,000,000 kg CO2e in 2021 and 54,730,000,000 kg CO2e in 2022. The company has disclosed emissions across all three scopes: Scope 1 emissions primarily arise from direct operations, Scope 2 emissions are linked to purchased electricity, and Scope 3 emissions include indirect impacts from investments and the use of sold products. Notably, Taqa's Scope 3 emissions in 2023 were approximately 21,350,000,000 kg CO2e, reflecting a decrease from 24,260,000,000 kg CO2e in 2021. Despite these reductions, Taqa has not set specific reduction targets or climate pledges as part of their sustainability strategy. The company continues to focus on improving its emissions intensity, with a GHG intensity of about 0.0203 kg CO2e per MBOE for oil and gas production in 2023. Taqa's commitment to reducing its carbon footprint aligns with industry standards, although further initiatives and targets would enhance its climate action profile.
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Get Started| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 60,460,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 240,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 24,430,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Taqa 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.
