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 33 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taqa's reported carbon emissions
In 2023, Taqa reported total carbon emissions of approximately 49,980,000,000 kg CO2e for Scope 1, 250,000,000 kg CO2e for Scope 2, and 21,350,000,000 kg CO2e for Scope 3 emissions. The Scope 1 and 2 combined emissions totalled about 49,230,000,000 kg CO2e. This data reflects a significant reduction from 2022, where Scope 1 emissions were approximately 54,730,000,000 kg CO2e, and Scope 2 emissions were about 270,000,000 kg CO2e. Taqa has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is committed to a 30% reduction in Scope 1 and Scope 2 emissions from 2019 levels by 2030. These targets are part of Taqa's broader strategy to align with net-zero goals, inherited from its parent company, Abu Dhabi National Energy Company PJSC. The company’s Scope 3 emissions, which include significant categories such as the use of sold products (approximately 13,980,000,000 kg CO2e) and fuel and energy-related activities (about 4,940,000,000 kg CO2e), highlight the importance of addressing emissions beyond direct operations. Taqa's ongoing efforts reflect a commitment to sustainability and reducing its overall carbon footprint in the energy sector.
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| 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 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.
