National Central Cooling Co PJSC 2022 AR2
The report highlights Tabreed's strong financial and operational performance in 2022, with group revenue increasing by 13% to AED 2.22 billion and EBITDA rising by 19% to AED 1.23 billion. The company expanded its regional footprint by doubling its concession capacity in Oman through the acquisition of Al Mouj district cooling assets and entering the Egyptian market with two new projects. Operationally, Tabreed added over 54,000 refrigeration tons of new connections, bringing its total connected capacity to 1.26 million refrigeration tons. On the sustainability front, the company prevented the release of 1.38 million metric tons of CO2 emissions and launched its Green Financing Framework to align future funding with environmental targets.
Company: National Central Cooling Co PJSC
Sector: Utilities
Country: United Arab Emirates
Year: 2022
Type: AR2
Pages: 188
National Central Cooling Co PJSC
Annual Report
The report highlights Tabreed's strong financial and operational performance in 2022, with group revenue increasing by 13% to AED 2.22 billion and EBITDA rising by 19% to AED 1.23 billion. The company expanded its regional footprint by doubling its concession capacity in Oman through the acquisition of Al Mouj district cooling assets and entering the Egyptian market with two new projects. Operationally, Tabreed added over 54,000 refrigeration tons of new connections, bringing its total connected capacity to 1.26 million refrigeration tons. On the sustainability front, the company prevented the release of 1.38 million metric tons of CO2 emissions and launched its Green Financing Framework to align future funding with environmental targets.
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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
Emissions
Scope 1:
Women on Board