Aldar Properties Sustainability Profile
Aldar Properties, a leading real estate development company headquartered in Abu Dhabi, United Arab Emirates, has been a cornerstone of the region's property market since its establishment in 2004. With a strong focus on residential, commercial, and mixed-use developments, Aldar has successfully shaped the urban landscape of Abu Dhabi and beyond. The company is renowned for its innovative projects, including the iconic Yas Island and the award-winning Aldar Headquarters, which exemplify its commitment to quality and sustainability. Aldar Properties has consistently achieved significant milestones, positioning itself as a market leader in the UAE's real estate sector. With a diverse portfolio that includes master-planned communities and luxury developments, Aldar continues to set benchmarks in the industry, making it a trusted name for investors and homeowners alike.
DitchCarbon Score
How does Aldar Properties'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 Real Estate Services 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
Aldar Properties's score of 73 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aldar Properties's reported carbon emissions
In 2024, Aldar Properties reported total carbon emissions of approximately 1.63 billion kg CO2e, comprising 73.7 million kg CO2e from Scope 1, 36.9 million kg CO2e from Scope 2, and about 1.52 billion kg CO2e from Scope 3 emissions. This represents a slight increase from 2023, where total emissions were approximately 1.50 billion kg CO2e, with Scope 1 emissions at 97.2 million kg CO2e, Scope 2 at 39.5 million kg CO2e, and Scope 3 at about 1.37 billion kg CO2e. Aldar Properties has set ambitious climate commitments, aiming for net zero emissions by 2050, in alignment with the UAE's Net Zero by 2050 initiative. The company plans to achieve a 90% reduction in Scope 1 and 2 emissions and a 45% reduction in Scope 3 emissions intensity by 2030, using 2021 as a baseline. Additionally, they are committed to reducing Scope 3 emissions from the lifetime in-use operational emissions of sold buildings by 61.1% per square metre by 2033 and by 97% per square metre by 2050. These targets are part of Aldar's broader sustainability strategy, which includes a portfolio-wide energy management project aimed at reducing energy consumption by approximately 20% across 80 assets by 2025. The company’s emissions data is independently verified and reflects its commitment to transparency and accountability in its climate actions.
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| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 44,425,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 341,647,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Aldar Properties's Industry?
How Carbon Intensive is Aldar Properties's Location?
Aldar Properties's Scope 3 Categories Breakdown
Aldar Properties's Scope 3 emissions, which increased by 11% last year and decreased by approximately 10% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 62% of Scope 3 emissions.
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Aldar Properties's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aldar Properties has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Aldar Properties's sustainability data and climate commitments
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