Emirates Telecommunications Group Co PJSC 2024 IR
The report highlights e&'s strong financial performance in 2024, achieving a record consolidated revenue of AED 59.2 billion, up 10% year-over-year, and a net profit of AED 10.8 billion. The company expanded its global footprint into Central and Eastern Europe by acquiring a controlling stake in PPF Telecom's assets in Bulgaria, Hungary, Slovakia, and Serbia. On the sustainability front, e& launched its group-wide Climate Transition Plan, 'Ambition to Action,' aiming for net-zero Scope 1 and 2 emissions in UAE operations by 2030 and group-wide by 2040. Additionally, the company achieved a 9% reduction in Scopes 1 and 2 emissions compared to its 2022 baseline and advanced its diversity goals, reaching a 54.3% Emiratisation rate and 26.2% female representation in its UAE workforce.
Company: Emirates Telecommunications Group Co PJSC
Sector: Communication Services
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 220
Emirates Telecommunications Group Co PJSC
Integrated Annual Report
The report highlights e&'s strong financial performance in 2024, achieving a record consolidated revenue of AED 59.2 billion, up 10% year-over-year, and a net profit of AED 10.8 billion. The company expanded its global footprint into Central and Eastern Europe by acquiring a controlling stake in PPF Telecom's assets in Bulgaria, Hungary, Slovakia, and Serbia. On the sustainability front, e& launched its group-wide Climate Transition Plan, 'Ambition to Action,' aiming for net-zero Scope 1 and 2 emissions in UAE operations by 2030 and group-wide by 2040. Additionally, the company achieved a 9% reduction in Scopes 1 and 2 emissions compared to its 2022 baseline and advanced its diversity goals, reaching a 54.3% Emiratisation rate and 26.2% female representation in its UAE workforce.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
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
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees