ADNOC Logistics & Services PLC 2024 AR2
The report highlights a transformative year for ADNOC Logistics & Services in 2024, marked by the strategic acquisition of an 80% stake in Navig8 for approximately $1 billion and the expansion of its Integrated Logistics fleet. The company achieved record financial results, with revenue increasing by 29% to over $3.5 billion and net profit rising by 22% to $756 million. In sustainability, the company reduced its ocean-going fleet's carbon intensity by over 11% from 2023 and committed to 21 new energy-efficient vessels. Additionally, the company successfully deployed AI-driven solutions like the Integrated Logistics Management System to optimize offshore operations and enhance safety.
Company: ADNOC Logistics & Services PLC
Sector: Energy
Country: United Arab Emirates
Year: 2024
Type: AR2
Pages: 84
ADNOC Logistics & Services PLC
Annual Report And Accounts
The report highlights a transformative year for ADNOC Logistics & Services in 2024, marked by the strategic acquisition of an 80% stake in Navig8 for approximately $1 billion and the expansion of its Integrated Logistics fleet. The company achieved record financial results, with revenue increasing by 29% to over $3.5 billion and net profit rising by 22% to $756 million. In sustainability, the company reduced its ocean-going fleet's carbon intensity by over 11% from 2023 and committed to 21 new energy-efficient vessels. Additionally, the company successfully deployed AI-driven solutions like the Integrated Logistics Management System to optimize offshore operations and enhance safety.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees