Abu Dhabi National Oil Co for Distribution PJSC 2023 AR2
The report outlines ADNOC Distribution's financial and operational performance for 2023, marking its 50th anniversary with a record EBITDA of over $1 billion. The company expanded its network to 840 service stations, including entry into the Egyptian market through a 50% stake acquisition in TotalEnergies Marketing Egypt. In sustainability, the company launched a decarbonization roadmap aiming to reduce greenhouse gas emissions intensity by 25% by 2030, initiated solar panel installations, and transitioned its entire UAE heavy fleet to biofuel. Additionally, ADNOC Distribution advanced sustainable mobility by installing 53 fast EV charging points and launching the region's first high-speed green hydrogen refueling station.
Company: Abu Dhabi National Oil Co for Distribution PJSC
Sector: Wholesale & retail
Country: United Arab Emirates
Year: 2023
Type: AR2
Pages: 152
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Abu Dhabi National Oil Co for Distribution PJSC
Annual Report
The report outlines ADNOC Distribution's financial and operational performance for 2023, marking its 50th anniversary with a record EBITDA of over $1 billion. The company expanded its network to 840 service stations, including entry into the Egyptian market through a 50% stake acquisition in TotalEnergies Marketing Egypt. In sustainability, the company launched a decarbonization roadmap aiming to reduce greenhouse gas emissions intensity by 25% by 2030, initiated solar panel installations, and transitioned its entire UAE heavy fleet to biofuel. Additionally, ADNOC Distribution advanced sustainable mobility by installing 53 fast EV charging points and launching the region's first high-speed green hydrogen refueling station.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women in Management
Workplace Fatalities
Employees