Masdar News

Masdar Unveils 2015 Sustainability Report

20 Jan 2016

21 January 2015, Abu Dhabi, UAE – Masdar has released its 2015 Sustainability Report, documenting the renewable energy company’s sustainability milestones in the period October 2014 to September 2015. Masdar developed the report using the internationally recognised sustainability reporting framework from the Global Reporting Initiative (GRI), in accordance with the latest GRI G4 guidelines. The report discloses a wide variety of sustainability indicators, ranging from economic and environmental data to labour practices and employment information.

Commenting on the release of the report, Dr Nawal Al-Hosany, Director of Sustainability at Masdar, said: “Our annual report is an important tool to ensure our activities as a company at the forefront of sustainable development are fully transparent to our stakeholders and to the wider community. I am proud of the progress that was achieved in the last reporting period while our operations have continued to expand.”

Report Fast Facts During Reporting Period

  • 1.Economic Development
  • 64 percent increase in registered companies in Masdar Free Zone (MFZ) 627 visas processed by Masdar City One-Stop Shop for MFZ tenants
  • 63 percent of total spend distributed to local businesses
  • 2,962 gigawatt hours of total renewable energy produced
  • 2.Environmental
  • 46,513 megawatt hours of energy use in Masdar City operations
  • 71,135 cubic meters of water used in Masdar City operations
  • Total 1.39 million tonnes of carbon displaced by Masdar-involved renewable energy projects
  • 33,000 passengers using Masdar City’s personal rapid transport (PRT) system
  • 3.Workforce
  • 203 employees, of which 30% were female
  • 44% emiratisation of corporate positions
  • 1.8m man-hours without a lost time injury on Masdar City Construction Site

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About Abu Dhabi Sustainability Week

Abu Dhabi Sustainability Week (ADSW) is the largest gathering on sustainability in the Middle East -- a ground-breaking global forum that unites thought leaders, policy makers and investors to address the challenges and opportunities of renewable energy and sustainable development through dialogue and action. With a new mandate to address climate change mitigation achieved at the Paris Climate Conference (COP 21), ADSW 2016 is promoting multilateral cooperation and bold decision making to accelerate the adoption of the sustainable solutions needed to realise the economic aspirations of future generations and to accommodate rapid global population growth.

About Masdar

Masdar is Abu Dhabi’s renewable energy company which works to advance the development, commercialisation and deployment of clean energy technologies and solutions. The company serves as a link between today’s fossil fuel economy and the energy economy of the future. Wholly owned by the Mubadala Development Company PJSC, the strategic investment company of the Government of Abu Dhabi, Masdar is dedicated to the Emirates’ long-term vision for the future of energy and water.

Contacts:

Quint Simon (EN)

qsimon@apcoworldwide.com

Mob: +971 55 126 6247

Amr Deeb (AR)

adeeb@madar.ae

Mob: +971 50 125 1010

For more information please visit: http://www.masdar.ae and connect:facebook.com/masdar.ae and twitter.com/masdar