Aldar Properties PJSC 2023 AR2
The report highlights Aldar Properties' strong financial and operational performance in 2023, marked by a 40% increase in net profit to AED 4.4 billion and a 26% rise in revenues to AED 14.2 billion. The company expanded its geographic footprint beyond Abu Dhabi into Dubai, Ras Al Khaimah, and the UK, achieving record group development sales of AED 27.9 billion. On the sustainability front, Aldar launched its comprehensive Net Zero Plan to achieve net-zero emissions across all scopes by 2050, with validated science-aligned interim targets for 2030. Key ESG achievements include neutralizing 100% of Scope 2 emissions through Clean Energy Certificates, raising USD 500 million through its inaugural Green Sukuk, and achieving a 42% Emiratisation rate across its corporate workforce.
Company: Aldar Properties PJSC
Sector: Real estate
Country: United Arab Emirates
Year: 2023
Type: AR2
Pages: 259
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Aldar Properties PJSC
Annual Report
The report highlights Aldar Properties' strong financial and operational performance in 2023, marked by a 40% increase in net profit to AED 4.4 billion and a 26% rise in revenues to AED 14.2 billion. The company expanded its geographic footprint beyond Abu Dhabi into Dubai, Ras Al Khaimah, and the UK, achieving record group development sales of AED 27.9 billion. On the sustainability front, Aldar launched its comprehensive Net Zero Plan to achieve net-zero emissions across all scopes by 2050, with validated science-aligned interim targets for 2030. Key ESG achievements include neutralizing 100% of Scope 2 emissions through Clean Energy Certificates, raising USD 500 million through its inaugural Green Sukuk, and achieving a 42% Emiratisation rate across its corporate workforce.
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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
Women on Board
Women in Management
Net Zero Target