Aldar Properties PJSC 2022 AR2
The report highlights Aldar Properties' record financial and operational performance in 2022, with revenues increasing 31% to AED 11.2 billion and net profit rising 35% to AED 3.1 billion. The company doubled its group development sales to a record AED 14.4 billion and expanded its strategic landbank to 69 million square meters. Key milestones included a landmark USD 1.4 billion transaction with Apollo Global Management and the launch of its comprehensive Net Zero Plan, committing to net zero emissions across Scopes 1, 2, and 3 by 2050. Additionally, Aldar improved its ESG ratings across major global benchmarks, including DJSI, Sustainalytics, and MSCI.
Company: Aldar Properties PJSC
Sector: Real estate
Country: United Arab Emirates
Year: 2022
Type: AR2
Pages: 199
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Aldar Properties PJSC
Annual Report
The report highlights Aldar Properties' record financial and operational performance in 2022, with revenues increasing 31% to AED 11.2 billion and net profit rising 35% to AED 3.1 billion. The company doubled its group development sales to a record AED 14.4 billion and expanded its strategic landbank to 69 million square meters. Key milestones included a landmark USD 1.4 billion transaction with Apollo Global Management and the launch of its comprehensive Net Zero Plan, committing to net zero emissions across Scopes 1, 2, and 3 by 2050. Additionally, Aldar improved its ESG ratings across major global benchmarks, including DJSI, Sustainalytics, and MSCI.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Women on Board
Women in Management
Net Zero Target