Adnoc Reports Significant Progress in Decarbonization Efforts

Hyphen Web Desk

The Abu Dhabi National Oil Company (ADNOC) announced a substantial reduction in its greenhouse gas emissions in 2023. According to their latest Sustainability Report, the company achieved a net decrease of 6. 2 million tonnes of carbon dioxide equivalent (CO2e) in its scope 1 (direct emissions) and scope 2 (indirect emissions) categories. This progress signifies a significant step forward in ADNOC's commitment to achieving net-zero emissions by 2045.

A critical factor in ADNOC's emissions reduction was the utilization of clean grid energy generated by solar and nuclear power plants. The report highlights that this shift in energy source alone accounted for a reduction of 4. 8 million tonnes of CO2e. ADNOC has also made significant strides in improving energy efficiency across its operations. Through various initiatives, the company achieved an additional reduction of approximately 900 kilotonnes of CO2e last year. They have set an ambitious target of achieving a 5% improvement in energy efficiency by 2025 compared to the 2018 baseline.

ADNOC acknowledges the importance of methane emissions reduction as a key decarbonization strategy. The company is actively implementing measures to minimize methane emissions throughout its operations. Additionally, they are exploring the potential of carbon capture and storage (CCS) technologies to further decrease their carbon footprint.

"We are accelerating the implementation of our key decarbonization strategies, including carbon capture and storage, electrification, methane emissions reduction, and energy efficiency initiatives, " remarked ADNOC's Chief Sustainability Officer. "These efforts not only contribute to our own net-zero goal but also empower our customers to minimize their carbon footprint. "

ADNOC's commitment to sustainability extends beyond emissions reduction. The company is actively involved in protecting the UAE's delicate ecosystems and biodiversity. Their efforts include initiatives aimed at preserving marine life, reducing waste generation, and promoting water conservation.

The company's 2023 Sustainability Report highlights its dedication to operating in an environmentally responsible manner while ensuring energy security for the UAE and beyond. ADNOC's progress in reducing greenhouse gas emissions serves as a positive example for other energy companies around the world as they strive towards achieving a sustainable future.

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Hyphen Web Desk

Hyphen Web Desk

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