Abu Dhabi: e& today announced that it has committed to achieving zero carbon emissions across its own operations (Scope 1 and 2) in all markets by 2040, embarking on a decisive journey towards environmental sustainability, building on the company’s previous commitment to be net zero across its own operations in the UAE by 2030.
In support of this objective, the company announced near term targets (2030) of a Group wide reduction of 43 per cent from its own activities and the energy it purchases and uses (Scope 1 and 2 emissions). It also pledged a 25 per cent reduction of Scope 3 emissions including its supply chain and investments. The company also announced its submission of these near-term targets across all markets for SBTI verification in May this year.
e& remains committed to net zero emissions across its entire value chain (Scope 1, 2 and 3 emissions) by 2050, reducing the Group's total emissions in absolute terms and mitigating the remaining emissions through high quality carbon offsetting.
Hatem Dowidar, Group CEO, e&, said: "At e&, we go beyond envisioning a green future, but are actively shaping it through our cutting-edge digital solutions and sustainable practices. Our ambition extends beyond the UAE to revolutionise the way we operate across all our markets, communicate and serve our customers around the world. As the lead technology partner for COP28, we are proud to move forward and commit to achieving zero carbon across our own group operations, in all our markets (Scope 1 and 2) by 2040.
“Our strategy is multi-faceted: improving energy efficiency, investing in renewable energy, minimising grid waste and promoting responsible procurement. In addition, our Sustainability as a Service initiative enables businesses to minimise their environmental impact, underlining our role as a catalyst in the global sustainability efforts.”
Working with renowned global sustainability leaders, e& is developing a comprehensive climate transition roadmap. This roadmap, which is currently being validated by the Science Based Targets Initiative (SBTi), outlines e&'s strategies for achieving its 2030 targets, including energy efficiency measures, low-carbon energy transitions and a holistic approach to decarbonising the value chain.
Since announcing its commitment at COP27, e& has made remarkable progress in reducing emissions across its own operations through strategic measures such as increased use of renewable energy sources and deployment of the latest generation of energy-efficient radio equipment. As a result of this progress, e& is on track to achieve its 2030 targets ahead of schedule.
At COP28, e& is showcasing a range of sustainable initiatives, from green connectivity solutions to innovative IoT applications for climate resilience. These initiatives underscore e&'s role in driving sustainable digital transformation, and its commitment to a greener future.
e& is one of the leading technology groups in the world. Boasting impressive financial figures for 2022, with consolidated net revenue reaching a staggering AED 52.4 billion and consolidated net profit surging to AED 10 billion, the Group's impeccable credit ratings reflect its strong balance sheet and track record of sustained success.
Founded in Abu Dhabi over 47 years ago, the Group has a rich legacy as the pioneer in telecommunications in the UAE. Today, its footprint spans 16 countries across the Middle East, Asia, and Africa, making it a leading player in the industry.
Innovation is ingrained in e&'s DNA to create an unbreakable bond between communities using cutting-edge digital solutions, smart connectivity and advanced technologies.
The Group has designed five strong business pillars that address various customer segments: etisalat by e&, e& international, e& life, e& enterprise and e& capital. Through these pillars, we strive to revolutionise the way people communicate, work and live by providing unparalleled services and exceptional experiences.
At e&, we are committed to pushing the boundaries of what is possible and delivering measurable results that make a difference in people's lives.
To learn more about e&, please visit: https://eand.com/