AD Ports Group, a leading facilitator of global trade, logistics, and industry (ADX: ADPORTS), announced today the release of its 2023 Sustainability Report, in which it highlights significant progress in its decarbonization plans, demonstrating its proactive and forward-thinking approach to addressing global sustainability challenges, according to an article published on their website.
About the report
The report reflects AD Ports Group’s commitment, as a listed entity on the Abu Dhabi Securities Exchange, to sharing performance with stakeholders and transparency in operations. As a key player in the maritime, industrial, and logistics sectors, the Group’s initiatives align with UN Sustainable Development Goals (SDGs) and sustainability objectives set by Abu Dhabi and the UAE.
The report explores the Group’s journey, partnerships, and collaborative efforts, aspiring to shape a more sustainable and resilient future for all. It emphasizes the pivotal role of AD Ports Group in fostering positive environmental, social, and economic impacts (ESG).
Some of the wide-ranging achievements covered in the report were the successful introduction of 124 Corporate Social Responsibility (CSR) initiatives, an 84% employee job satisfaction rate, a 57% increase in the total number of employee training hours, and a 42% increase in the number of female employees. The Group also received several prestigious awards for its Environmental, Social & Governance (ESG) work during the year from the United Nations, the Harvard Business Council, an International Business Award, and an Abu Dhabi Sustainable Business Leadership Award, among others.
A major highlight was the Group’s progress in decarbonization. In 2023, the Group reduced the environmental intensity of container port handling operations through efficiency gains, energy savings, and decarbonization efforts. Its greenhouse gas (GHG) emission intensity, an industry measure of the environmental impact of industrial activity, fell by 2%, in 2023 to 11.67 kilograms of carbon dioxide equivalent per TEU (Twenty Foot Equivalent Unit) (kgCO2e per TEU) in 2023 from 11.93 kgCO2e per TEU in 2022.
The reductions were achieved through greater efficiency within the Group’s container handling operations, more energy savings at its terminals, and ongoing decarbonization efforts such as the increased use of electricity from solar photovoltaic (PV) units.
The 2023 Sustainability Report reported a 7% reduction in electricity consumption intensity. The improvements were amongst a broader set of sustainability gains that also included a 174% increase in the quantity of solid waste that was recycled.
The solar PV electric generating capacity integrated into its 2023 operations has contributed to a reduction of 5,000 tonnes of CO2 equivalent using clean energy.
The Group has solar PV integration projects planned at Khalifa Port, Zayed Port, and its administrative headquarters in Abu Dhabi, and at a multipurpose port operation in Safaga, Egypt, which the Group manages under a concession for Egypt’s Red Sea Ports Authority.
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Source: AD Ports Group
