Aldar Properties PJSC

Common Name
Aldar Properties
Country
United Arab Emirates
Sector
Consumer Cyclical
Industry
Apparel Retail
Employees
N/A
Ticker
ALDAR
Exchange
ABU DHABI SECURITIES EXCHANGE
Description
Aldar Properties PJSC is a premier real estate development and management company based in the United Arab Emirates. It is recognized for its pivotal role in designing and constructing some of the UAE...

Aldar Properties's Climate Target Data Preview

As of 2024, Aldar Properties has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 6 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Aldar Properties ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2033
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Absolute-based Target
Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2033
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2033
Intensity-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2033
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2050
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2050
Intensity-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Aldar Properties’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aldar Properties’s data sources below and access millions more through our Disclosure Search.

a. Aldar Properties's Sustainability Report 2024
a. Aldar Properties's Sustainability Report 2024

Insights into Aldar Properties's Greenhouse Gas Emissions Pathways

As of 2024, Aldar Properties has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Aldar Properties have a target to reduce the emissions from its operations?

As of 2024, Aldar Properties has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Aldar Properties's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 74,821 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

As of 2024, Aldar Properties is ahead of schedule on its operational emissions reduction target, having achieved 70.38% of the planned reduction. a

Aldar Properties's Operational (Scope 1+2) Emissions Pathway

2023202420332050020 k40 k60 k80 kBaselineCurrent (-63%)Target 2050 (-90%)

Does Aldar Properties have a target to reduce the emissions from its value chain?

As of 2024, Aldar Properties has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Aldar Properties's most ambitious value chain target is to reduce these emissions by 98% by 2050, compared to a baseline of 0.562 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2023. a

Instead of reducing value chain emissions, Aldar Properties has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target. a

Aldar Properties's Value Chain (Scope 3) Emissions Pathway

202320242033205000.20.40.60.8BaselineCurrent (+12%)Target 2033 (-73%)Target 2050 (-98%)

Does Aldar Properties have a target to reduce its total carbon footprint?

As of 2024, Aldar Properties has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Aldar Properties's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0.078 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2023, by 99.5% by 2050. a

As of 2024, Aldar Properties is ahead of schedule on its total carbon footprint reduction target, having achieved 5.05% of the planned reduction. a

Aldar Properties's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202320242033205000.020.040.060.08Current (-5%)Target 2033 (-76%)Target 2050 (-99%)
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