Abu Dhabi National Energy Company PJSC 2023 IR
The report outlines TAQA's strategic, financial, and operational performance for the fiscal year 2023, highlighting its active role in the UAE's Year of Sustainability and COP28. The company upgraded its 2030 growth targets, aiming for 150 GW of gross power generation capacity with 65% from renewable sources. Financially, TAQA delivered a robust performance with revenues increasing by 3% to AED 51.7 billion and net income nearly doubling to AED 16.7 billion, driven by the acquisition of a 5% stake in ADNOC Gas. Additionally, the group successfully issued its first corporate green bond of USD 1 billion and advanced major low-carbon reverse osmosis desalination projects.
Company: Abu Dhabi National Energy Company PJSC
Sector: Energy utilities
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 129
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Abu Dhabi National Energy Company PJSC
Integrated Report
The report outlines TAQA's strategic, financial, and operational performance for the fiscal year 2023, highlighting its active role in the UAE's Year of Sustainability and COP28. The company upgraded its 2030 growth targets, aiming for 150 GW of gross power generation capacity with 65% from renewable sources. Financially, TAQA delivered a robust performance with revenues increasing by 3% to AED 51.7 billion and net income nearly doubling to AED 16.7 billion, driven by the acquisition of a 5% stake in ADNOC Gas. Additionally, the group successfully issued its first corporate green bond of USD 1 billion and advanced major low-carbon reverse osmosis desalination projects.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees