DEWA has issued over 200,000 International Renewable Energy Certificates (I-RECs) to DP World this year, ensuring that the electricity used by the company is generated from renewable sources. These certificates are equivalent to 1 megawatt-hour of electricity and are generated by the Mohammed bin Rashid Al Maktoum Solar Park, powering DP World’s UAE operations, including Jebel Ali Port, Jebel Ali Free Zone (JAFZA), and Drydocks World. As a result, these operations are now 100% powered by renewables, putting DP World ahead of the UAE’s target to reduce carbon emissions by 42% by 2030.
Maha AlQattan, DP World’s Group Sustainability Officer, emphasized the company’s commitment to supporting the global climate change agenda through investments in zero carbon technology and responsible business practices. DP World has also committed to becoming carbon neutral by 2040 and net zero by 2050, aligning with the UAE’s 2050 net zero initiative. Additionally, the company has joined the Green Shipping Challenge and plans to invest up to $500 million to reduce CO2 emissions by nearly 700,000 tonnes over the next five years.
DEWA’s issuance of over 200,000 I-RECs to DP World this year has enabled the company to power its UAE operations with renewable energy, surpassing the country’s carbon emissions reduction target. DP World is dedicated to decarbonization, with plans to become carbon neutral by 2040 and net zero by 2050, in line with the UAE’s initiative. The company has also joined the Green Shipping Challenge and committed to significant investments to reduce CO2 emissions in the coming years.