Aldar Properties
Aldar Properties, a leading real estate development company headquartered in Abu Dhabi, United Arab Emirates, has been a cornerstone of the region's property market since its establishment in 2004. With a strong focus on residential, commercial, and mixed-use developments, Aldar has successfully shaped the urban landscape of Abu Dhabi and beyond. The company is renowned for its innovative projects, including the iconic Yas Island and the award-winning Aldar Headquarters, which exemplify its commitment to quality and sustainability. Aldar Properties has consistently achieved significant milestones, positioning itself as a market leader in the UAE's real estate sector. With a diverse portfolio that includes master-planned communities and luxury developments, Aldar continues to set benchmarks in the industry, making it a trusted name for investors and homeowners alike.
DitchCarbon Score
How does Aldar Properties's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Aldar Properties's score of 75 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aldar Properties's reported carbon emissions
In 2024, Aldar Properties reported total carbon emissions of approximately 1,632,934,000 kg CO2e. This includes Scope 1 emissions of about 73,700 kg CO2e, Scope 2 emissions of approximately 112,530 kg CO2e, and significant Scope 3 emissions totalling around 1,522,250 kg CO2e. The previous year, 2023, saw total emissions of about 1,502,957,000 kg CO2e, with Scope 1 at 97,220 kg CO2e, Scope 2 at 138,700 kg CO2e, and Scope 3 at approximately 1,366,250 kg CO2e. Aldar Properties has committed to ambitious climate targets, aiming for net zero emissions by 2050, in alignment with the UAE's Net Zero by 2050 initiative. The company plans to achieve a 90% reduction in Scope 1 and 2 emissions and a 45% reduction in Scope 3 emissions intensity by 2030, using 2021 as a baseline. Additionally, they aim for a 97% reduction in Scope 3 emissions from the lifetime in-use operational emissions of sold buildings by 2050. These commitments are part of Aldar's broader sustainability strategy, which includes a portfolio-wide energy management project initiated in 2021 to reduce energy consumption by approximately 20% across various assets. The company’s emissions data and reduction targets are independently verified and consistent with the Science Based Targets initiative (SBTi) guidelines.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 44,425,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 |
| Scope 2 | 341,647,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Aldar Properties is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
