Page 14 - MEOG Week 02

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emissions intensity by 25 percent by 2030, strengthening its position as one of the least carbon-intensive oil and gas companies in
the world. According to the International Association of Oil & Gas Producers (IOGP), AdNOC currently ranks in the top five lowest GHG emitters in the oil and gas industry and has one of the lowest methane intensities of 0.01 percent.
AdNOC also commits to limit its freshwater consumption ratio to below
0.5 percent of total water use. Today, over
99 percent of the water AdNOC uses for cooling purposes is extracted seawater which is discharged back to sea after undergoing treatment to ensure compliance with AdNOC’s strict discharge standards.
In addition, AdNOC will continue to protect and support biodiversity across its operations and the broader local environment. As part of this commitment, AdNOC plans
to plant 10 million mangrove seedlings in Al
dhafra Region in the emirate of Abu dhabi by the end of 2022.
Mangroves have enormous capacity to absorb atmospheric carbon dioxide (CO2) and other greenhouse gases, trapping them in flooded soils. Mangroves also support rich biodiversity and provide habitat for marine life, and act as a valuable natural defense against rising sea levels and coastal erosion.
Over the same period, AdNOC plans
to achieve In-Country Value (ICV) of 50 percent across its full value chain by 2030, building on the momentum of the success of its ICV program launched in January 2018 to encourage private-sector partnerships, catalyze socio-economic development, improve knowledge-transfer and generate skilled jobs for UAE nationals.
AdNOC’s ICV program is a key enabler
of its commitment to drive progress and development in the UAE. To date, the program has driven more than AEd 44 billion
($12 billion) back into the UAE economy and created over 1,500 private-sector jobs for UAE nationals since it was launched in January 2018.
AdNOC’s sustainability goals are underpinned by a commitment to be the global benchmark for safety and asset integrity.
H.E. dr. Al Jaber said: “AdNOC’s sustainability goals further demonstrate our commitment to responsible production which has been embedded in our business practices since the company was established in 1971. This commitment flows from the vision of the Founding Father of the United Arab Emirates, His Highness Sheikh Zayed bin Sultan Al Nahyan, who pioneered sustainability and the protection of the country’s natural ecosystems. adnoC
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Week 02 15•January•2020