DP World posts 5% emissions reduction worldwide in 2022
Taken with lowering of energy consumption by 4%, it offers big spur for sustainability
DP World cut direct carbon emissions from its global operations by 5 per cent last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon neutral target.
Maha AlQattan, Group Chief People and Sustainability Officer, DP World, said: “At DP World, we believe in enabling resilience, and building a smart and sustainable future that generates long-term societal impact. In 2022 we saw continued global headwinds but that challenged us to push new frontiers of collaboration. I’m proud that we have cut our direct carbon emissions by 5 per cent, and significantly increased our community contributions. We recognise our impact and are continuing to look at how we use our resources responsibly, on issues from education to WASH infrastructure, in line with our clear roadmap for the future.”
Legacy pillars
DP World has deepened its ties with partners to advance two of its key legacy pillars of Women and Water. Group Chairman and CEO Sultan Ahmed Bin Sulayem was announced as the Middle East’s first HeForShe champion by UN Women on International
DP World has already committed to becoming carbon neutral by 2040 and net zero carbon by 2050 in line with the UAE’s 2050 net zero.
Women’s Day last year and the company entered a three-year global partnership with WaterAid to deliver water, sanitation, and hygiene (WASH) infrastructure, starting in Mozambique.
Unflinching commitment
DP World also participated in the World Economic Forum (WEF) Annual Meeting in Davos and the United Nations General Assembly (UNGA) signalling its commitment to ESG progress and expanding its network of partners and advocates.
DP World has already committed to becoming carbon neutral by 2040 and net zero carbon by 2050 in line with the UAE’s 2050 net zero.
In November at COP27, the chairman announced that DP World had joined the Green Shipping Challenge and committed to investing up to $500 million to cut CO2 emissions by nearly 700,000 tonnes over the next five years. DP World has also entered a strategic partnership with the Maersk McKinney Moller Centre for Zero Carbon Shipping and joined the UN Global Compact’s Think Lab on Just Transition.
The report also highlighted DP World’s total community contributions with a 34 per cent increase from 2021, including several new strategic projects including UN Women, the Earth Shot Prize and in response to emergencies in 2022.