Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, issued Directive No. (1) of 2024 updating the strategy
net-zero targets
ENOC launches new range of environmentally acceptable lubricants
The EALs for marine vessels will prevent harmful discharge into the aquatic environment; complies with leading global standards
Dubai Cares to partner with COP28 Presidency to promote climate action role in education
Dubai Cares will lead a global preparatory process from now until the summit to mobilise public and private actors around new policy, financing, and technology outcomes to equip learners for the net-zero economy
Real estate giant Aldar launches net zero plan
The plan includes a detailed roadmap for the company to achieve net zero emissions by 2050
Oil giant Shell ‘helping plan’ UAE’s target to achieve net-zero emissions by 2050
UAE Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum announced that $165 billion (AED600 billion) would be invested in clean energy to reach the target by 2050
The ‘E’ in ESG: Addressing the elephant in the boardroom
Most companies have a history of corporate social responsibility (CSR) initiatives, which addresses the S in ESG, and have been slowly enhancing their corporate governance, which addresses the G in ESG, but the environmental aspect needs attention
The role of industrial clusters in advancing the energy transition
As nearly 70 percent of the global economy commits to net zero, industry leaders and governments need to explore solutions to accelerate this transition while ensuring profitability
Why the GCC’s oil-rich nations are considering an energy transition in their long-term objectives
The slower spending pace in the short-term stems largely from regional energy companies being significantly more shielded than global peers’ to energy transition risks, an S&P Global Ratings report states