Abu Dhabi National Oil Company for Distribution PJSC
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Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution) is a leading petroleum retailer in the United Arab Emirates (UAE). The company was established in 1973 as the first government-owned company to distribute petroleum products in the UAE. Today, ADNOC Distribution operates a network of over 360 service stations across the UAE, providing fuel, lubricants, and other petroleum products to a wide range of customers.
As the world moves towards decarbonisation and renewable energy, ADNOC Distribution is committed to playing its part in the transition. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. In 2020, ADNOC Distribution announced its intention to reduce its greenhouse gas emissions by 25% by 2030, as part of its commitment to the Paris Agreement on climate change.
One of the key ways that ADNOC Distribution is working towards decarbonisation is through its corporate energy program. The program aims to improve energy efficiency across the company's operations, reduce energy consumption, and increase the use of renewable energy sources. As part of this program, ADNOC Distribution has implemented a range of measures, including the installation of solar panels at its service stations and the use of energy-efficient lighting and air conditioning systems.
In addition to its corporate energy program, ADNOC Distribution is also exploring the use of corporate power purchase agreements (PPAs) to increase its use of renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which allows the company to purchase renewable energy at a fixed price over a set period of time. By entering into a corporate PPA, ADNOC Distribution can reduce its reliance on fossil fuels and increase its use of renewable energy sources.
ADNOC Distribution has already signed several corporate PPAs for solar energy, including a 10 MW agreement with Masdar in 2019. The company is also exploring the use of other renewable energy sources, such as wind and hydrogen, to further reduce its carbon footprint.
In addition to its commitment to decarbonisation and renewable energy, ADNOC Distribution is also focused on sustainability and social responsibility. The company has implemented a range of initiatives to reduce waste, conserve water, and promote sustainable practices across its operations. ADNOC Distribution is also committed to supporting the communities in which it operates, through a range of social and charitable initiatives.
Overall, ADNOC Distribution is a leading petroleum retailer in the UAE, with a strong commitment to decarbonisation, renewable energy, and sustainability. The company's corporate energy program and use of corporate PPAs are key initiatives in its efforts to reduce its carbon footprint and increase its use of renewable energy sources. As the world continues to move towards a more sustainable future, ADNOC Distribution is well-positioned to play a leading role in the transition.