Aldar Properties

Aldar Properties, an entity in the real estate services sector based in AE, reported approximately 1.63 billion kg CO2e in total emissions for 2024. This figure comprises approximately 73.7 million kg CO2e of Scope 1 emissions and approximately 37.0 million kg CO2e of Scope 2 emissions (market-based). Scope 3 emissions were substantially higher, totalling approximately 1.52 billion kg CO2e.

In 2023, Aldar Properties' total emissions were approximately 1.50 billion kg CO2e. Scope 1 emissions for this year were approximately 97.2 million kg CO2e, while Scope 2 emissions (market-based) were approximately 39.5 million kg CO2e. Scope 3 emissions amounted to approximately 1.37 billion kg CO2e.

The company has established significant climate commitments, aiming for net zero emissions by 2050. As part of its Net Zero Plan, Aldar Properties has set interim targets, including a 90% reduction in Scope 1 and 2 emissions and a 45% reduction in Scope 3 emissions intensity by 2030, using a 2021 baseline. Furthermore, Aldar Properties has committed to reducing Scope 1, 2, and 3 emissions by 97% by 2050, referencing a 2022 baseline. The company also previously aimed for a 20% reduction in asset portfolio energy intensity and associated greenhouse gas emissions intensity by 2025, against a 2019 baseline. In line with the UAE's Net Zero by 2050 commitment, Aldar Properties launched its Net Zero Plan in January 2023.