Technology giant e& recently revealed its commitment to achieving zero carbon emissions across its operations by 2040. This significant move builds upon the company’s previous commitment to achieving net-zero operations in the UAE by 2030.
Path to net zero emissions
To demonstrate its dedication to environmental sustainability, e& outlined short-term zero carbon emissions targets for 2030. The company aims for a group-wide reduction of 43 percent from its activities and the energy it purchases and uses (Scope 1 and 2 emissions). Additionally, it commits to a 25 percent reduction in Scope 3 emissions. This includes its supply chain and investments. The company submitted those ambitious goals for the Science Based Targets Initiative (SBTI) verification in May of this year.
Moreover, e& reaffirms its commitment to achieving net-zero emissions across its entire value chain by 2050. This involves reducing the group’s total emissions in absolute terms and mitigating the remaining emissions through high-quality carbon offsetting.
e&’s vision
Hatem Dowidar, group CEO of e&, expressed the company’s dedication to actively shaping a green future. He states that e& is “actively shaping (the future) through our cutting-edge digital solutions and sustainable practices. Our ambition extends beyond the UAE to revolutionize 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 group operations by 2040.”
Read: ACG commits $10 billion for clean energy transition by 2030
Global impact
e&’s commitment extends beyond the UAE, aiming to revolutionize its operations worldwide. As the lead technology partner for COP28, the company plays a pivotal role in global sustainability efforts.
Additionally, working with renowned global sustainability leaders, e& is developing a comprehensive climate transition roadmap. This roadmap, currently undergoing validation by SBTI, outlines the company’s strategies for achieving its 2030 targets. Hence, key elements include energy efficiency measures, low-carbon energy transitions, and a holistic approach to decarbonizing the entire value chain.
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