Masdar
Masdar, officially known as the Abu Dhabi Future Energy Company, is a leading player in the renewable energy sector, headquartered in Abu Dhabi, United Arab Emirates (AE). Founded in 2006, Masdar has established itself as a pioneer in sustainable urban development and clean technology, with significant operations across the Middle East, North Africa, and beyond. The company focuses on various business areas, including renewable energy generation, sustainable urban development, and clean technology innovation. Masdar is renowned for its unique offerings, such as the development of Masdar City, a zero-carbon urban community, and its extensive portfolio of solar and wind energy projects. With a commitment to advancing the global energy transition, Masdar has achieved notable milestones, positioning itself as a key player in the renewable energy market and contributing to the UAE's vision for a sustainable future.
DitchCarbon Score
How does Masdar'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 Electricity from Other Sources 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
Masdar's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Masdar's reported carbon emissions
In 2023, Masdar reported total carbon emissions of approximately 58,000,000 kg CO2e, with emissions distributed across various scopes: 588,870 kg CO2e (Scope 1), 1,476,410 kg CO2e (Scope 2), and about 55,488,300 kg CO2e (Scope 3). The Scope 3 emissions were primarily driven by the use of sold products, which accounted for approximately 38,651,580 kg CO2e. Masdar has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. Furthermore, the company is targeting net zero emissions across all scopes by 2030. These initiatives reflect Masdar's commitment to sustainability and its role in addressing climate change, aligning with global efforts to reduce greenhouse gas emissions.
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| 2014 | 2015 | 2016 | 2019 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,440,000 | 000,000 | 0,000,000 | - | 00,000,000 | 000,000 |
| Scope 2 | 25,465,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,242,000 | 000,000 | 0,000,000 | - | 00,000,000 | 00,000,000 |
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.
Masdar 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.
