Mubadala Petroleum launches its 2020 sustainability report, highlighting its commitment to ESG principles  

As a result of a targeted strategy that embeds its footprint as a responsible, affordable, and long term provider of energy, the company has recorded a 25% reduction in Greenhouse Gas emissions over the last three years


Abu Dhabi: Mubadala Petroleum has today published its 2020 Annual Sustainability Report, detailing the company’s approach and impact on key Environment, Social, and Governance (ESG) parameters across its portfolio of assets.

As a result of a targeted strategy that embeds its footprint as a responsible, affordable, and long term provider of energy, the company has recorded a 25% reduction in Greenhouse Gas emissions over the last three years. This comes as Mubadala Petroleum reaffirms its efforts to align with the UAE’s ambitions on addressing the critical issues related to climate change. 

In addition, the report sets out Mubadala Petroleum’s Sustainability Framework, which details how the company’s values shape its focus on three interconnected areas; passion for people, a commitment to creating a positive environmental impact, and delivering on the promise of value creation and financial resilience to its shareholder - Mubadala Investment Company.

Commenting on the report, Mansoor Mohamed Al Hamed, CEO, Mubadala Petroleum, said: “Sustainability has always been central to our approach, but in 2020, when the world faced unprecedented challenges due to the COVID-19 pandemic, our corporate values and focus on sustainability were critical in enabling our resilience. This report highlights the significant progress we are making on key focus areas such as emissions and lowering our environmental footprint, while also supporting the energy transition towards a lower carbon future by maintaining a gas-biased portfolio of assets across 10 countries globally. In addition, we remain committed to positively impacting our communities and managing our business responsibly, including a continued priority on Health and Safety. Our commitment to sustainability remains central to the future of our business.”

Key report highlights, include:

  • +5.7m working-hours with zero Lost Time Incidents , and zero fatalities since inception, driven by the company’s foundational commitment to maintaining a safe working environment
  • 62% gas weighted portfolio as part of the commitment to support the energy transition to a lower carbon future
  • 25% reduction in Green House Gasemissions over the last three years and a 4% reduction in 2020, reinforcing the commitment to maintaining a positive environmental impact
  • Zero spills above one barrel, driven by a robust operating philosophy focused on the prevention of unsafe and unsustainable activities
  • 48+ community enhancement initiatives, including the participation in the 20by2020 initiative organized by Zayed Sustainability Prize
  • 6% increase in female representation and 31 nationalities across the organization, supporting the drive for greater diversity and inclusion

The report has been prepared in accordance with Global Reporting Initiative (GRI) Standards and discloses Mubadala Petroleum’s impact in 2020, examining several key performance indicators across areas such as operational and environmental impact, social contribution, human capital, and governance. The review also provides a detailed appraisal of the company’s contribution to achieving the key UN Sustainable Development Goals.

To explore the full report, please visit


About Mubadala Petroleum

Mubadala Petroleum is a leading international oil and gas company, and a wholly-owned subsidiary of Mubadala Investment Company (Mubadala). Mubadala is owned by the Government of Abu Dhabi.

We manage assets and operations spanning 10 countries with a primary geographic focus on the Middle East and North Africa, Russia and Southeast Asia. Our working interest production is approximately 345,000 barrels of oil equivalent per day.

For more information, please visit 

Further information:
Paul Slinger, Head of Communications
D   +971 2 818 6020

Send us your press releases to

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases