In the current year, DP World has received over 200,000 International Renewable Energy Certificates (I-RECs) from DEWA. Each certificate represents 1 megawatt-hour of electricity generated from renewable sources, ensuring that the electricity consumed by DP World is entirely renewable.
These I-RECs are produced by the Mohammed bin Rashid Al Maktoum Solar Park and power DP World’s UAE operations, including Jebel Ali Port, Jebel Ali Free Zone (JAFZA), and Drydocks World. As a result, DP World has become entirely powered by renewables, putting the company ahead of the UAE’s target to reduce carbon emissions by 42% by 2030.
Maha AlQattan, DP World’s Group Sustainability Officer, expressed the company’s commitment to supporting the global climate change agenda through investments in zero-carbon technology and responsible business practices. DP World has a core focus on decarbonization and has committed to becoming carbon neutral by 2040 and net zero by 2050, aligning with the UAE’s 2050 net zero initiative.
Moreover, at COP 27 last year, DP World announced its participation in the Green Shipping Challenge and pledged to invest up to $500 million to reduce CO2 emissions by nearly 700,00 tonnes over the next five years.