GlobalData offers a comprehensive analysis of Abu Dhabi Ship Building, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Abu Dhabi Ship Building‘s ESG performance. GlobalData’s company profile on Abu Dhabi Ship Building offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Abu Dhabi Ship Building (ADSB) has set goals set forth in line with the UAE Net Zero 2050 strategic initiative in order to reduce its carbon footprint. ADSB follows a formal Environmental Policy and implements waste management systems to reduce its environmental impact. The company reviews opportunities for waste reduction, recycling, and diversion from landfills. It complies with local laws and regulations and applies best practices to protect the environment. In 2022, the company's Scope 1 - Direct GHG emissions and Scope 2, & Scope 3 - Indirect GHG emissions were 1,174 & 8,013 (in tCO2e) respectively. The company also reported 60% reductions in GHG emissions intensity with respect to revenue earned.
ADSB has taken several steps to reduce emissions and achieve its net-zero targets. The company aims to introduce clean energy solutions into its production processes and use diverse zero-carbon energy sources. ADSB also plans to launch sustainability campaigns to increase awareness among employees and stakeholders. It has established working groups to audit products and processes and set carbon emission reduction targets. The company has implemented a Ship Energy Efficiency Management Plan (SEEMP) to improve energy efficiency.
ADSB has made significant progress in waste management and reducing its carbon footprint. It has established recycling bins, segregated waste, and implemented monitoring and documentation systems. The company has also installed water-efficient fixtures and optimized operations to reduce fuel consumption. These measures have not only reduced environmental impact but also led to cost savings. ADSB aims to continue its efforts to reduce GHG emissions and improve air quality.
To achieve the United Nations' target of reducing carbon emissions in the shipping industry, ADSB recognizes the need for zero-emission vessels. The company plans to design and construct low-emission and zero-emission vessels that are sustainable, competitive, and efficient. ADSB aims to contribute to the UAE's Net Zero 2050 strategic initiative and supports the country's commitment to sustainable development.
In conclusion, ADSB is committed to achieving net-zero emissions and reducing its carbon footprint. The company has implemented various initiatives and plans to introduce clean energy solutions, improve energy efficiency, and increase awareness among employees and stakeholders. ADSB aims to design and construct sustainable vessels to contribute to the global goal of reducing carbon emissions in the shipping industry.