Aldar Properties PJSC 2024 AR2

The report highlights Aldar Properties' financial and operational performance for 2024, showcasing a 62% year-on-year revenue increase to AED 23 billion and a 47% net profit growth to AED 6.5 billion. On the sustainability front, the company achieved a 7% reduction in water consumption and a 5% reduction in energy consumption across its portfolio. Additionally, Aldar recycled 92% of its construction and demolition waste and targeted a 3 Pearl Estidama rating for 80% of its new developments. The company also advanced its decarbonization efforts by launching a 34-megawatt rooftop solar project and achieving net-zero market-based Scope 2 emissions through Clean Energy Certificates.

Company: Aldar Properties PJSC

Sector: Real Estate

Country: United Arab Emirates

Year: 2024

Type: AR2

Pages: 317

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Aldar Properties PJSC

Aldar Properties PJSC 2024 Annual Report

Annual Report

The report highlights Aldar Properties' financial and operational performance for 2024, showcasing a 62% year-on-year revenue increase to AED 23 billion and a 47% net profit growth to AED 6.5 billion. On the sustainability front, the company achieved a 7% reduction in water consumption and a 5% reduction in energy consumption across its portfolio. Additionally, Aldar recycled 92% of its construction and demolition waste and targeted a 3 Pearl Estidama rating for 80% of its new developments. The company also advanced its decarbonization efforts by launching a 34-megawatt rooftop solar project and achieving net-zero market-based Scope 2 emissions through Clean Energy Certificates.

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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

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 2:

Women on Board

Net Zero Target