Sharm el Sheikh, Egypt: e& on Wednesday declared its net-zero targets by 2030 during the Group’s participation at the 27th Conference of the Parties (COP27), currently taking place in Egypt. The Group said it aims to reduce carbon emissions across its operations and accelerate its efforts to contribute to global climate action.
The global technology and investment conglomerate pledged to achieve net-zero for Scope 1 and 2 emissions by 2030, focusing on key initiatives to reduce its carbon footprint through improving energy efficiency and sourcing renewable energy among other initiatives.
e&’s climate action programme will be aligned with the Science Based Targets initiative (SBTi), a collaboration between the Carbon Disclosure Project, the United Nations Global Compact and the World Resources Institute, to set an emissions reduction trajectory between 2020 and 2030 for all Information and Communications Technology (ICT) sub-sectors.
“The UAE is taking massive action alongside its partners to address the global challenges related to climate change, leading the energy transition by reducing the carbon impact of hydrocarbon emissions,” Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, said. “We pledge to reach net-zero emissions by 2050, as the first country in the MENA region, knowing that deploying sustainable and clean technologies and investing in renewable energy projects in developing countries will enable us to contribute more effectively to the future of humanity.”
Hatem Dowidar, Group CEO at e& said their sustainability plans and ambitions are aligned to support the UAE’s Net Zero 2050 Strategic Initiative and the United Nations Sustainable Development Goals (UN SDGs).
“Through our commitment to enabling a low-carbon society, we will ramp up our efforts to address pressing issues such as climate action, environmental conservation, as well as the provision of safe, efficient and environmentally friendly products and services that help mitigate climate change,” he said.