DP World has released its latest Environmental, Social and Governance (ESG) report, fully aligned with the latest global reporting standards. The report details the company’s sustainability commitments and initiatives, including strengthening its ESG governance framework and establishing an Executive Sustainability Council to provide strategic guidance on sustainability strategy and ESG metrics. As a part of its commitment to sustainability, DP World has already pledged to become carbon neutral by 2040 and invest up to USD 500 million in reducing its CO2 emissions by almost 100% over the next five years.
Maha AlQattan, Group Chief People and Sustainability Officer at DP World, said that the company believes in enabling resilience and building a smart and sustainable future with long-term societal impact. Despite continuing global headwinds, the company managed to reduce its direct carbon emissions by 5%, and significantly increased its community contributions in 2021. DP World has also joined the Green Shipping Challenge, committing to investing up to USD 500 million to reduce CO2 emissions by almost 100% over the next five years, lowering emissions by 700,000 tons in the process. The report underscores DP World’s commitment to embedding responsible business practices across all its operations and making a positive impact in the communities it serves.
Tags: Sustainability and Green Technology,Middle East and Africa,DP World