EMAAR PROP PJSC
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EMAAR PROP PJSC is a leading real estate development company based in the United Arab Emirates. Founded in 1997, the company has grown to become one of the largest and most successful real estate developers in the region, with a strong focus on sustainability and decarbonisation.
EMAAR PROP PJSC operates in the Multi Asset Class Own & Develop sector, which involves the development and management of a wide range of real estate assets, including residential, commercial, and retail properties. The company has a diverse portfolio of projects, ranging from luxury high-rise apartments and villas to shopping malls and hotels.
One of the key priorities for EMAAR PROP PJSC is decarbonisation, which involves reducing the carbon footprint of its operations and promoting sustainable development practices. The company has made significant investments in renewable energy and energy efficiency measures, including the use of solar panels and other renewable energy sources to power its buildings and facilities.
EMAAR PROP PJSC has also implemented a number of corporate energy initiatives to reduce its energy consumption and carbon emissions. These include energy-efficient lighting systems, smart building management systems, and the use of energy-efficient appliances and equipment.
In addition to these initiatives, EMAAR PROP PJSC has also implemented a corporate power purchase agreement (PPA) to source renewable energy from external suppliers. This involves entering into long-term contracts with renewable energy providers to purchase a specified amount of renewable energy at a fixed price, which helps to support the growth of renewable energy and reduce the company's carbon footprint.
The company's commitment to renewable energy and decarbonisation is reflected in its corporate sustainability strategy, which outlines its goals and targets for reducing its environmental impact. This includes a target to reduce its carbon emissions by 50% by 2030, and to achieve net-zero carbon emissions by 2050.
EMAAR PROP PJSC's commitment to sustainability and decarbonisation has also been recognised by external organisations. The company has received a number of awards and certifications for its sustainability efforts, including the LEED Gold certification for its Burj Khalifa tower, which is one of the tallest buildings in the world.
In addition to its sustainability efforts, EMAAR PROP PJSC is also committed to social responsibility and community development. The company has implemented a number of initiatives to support local communities, including the provision of affordable housing and the development of community facilities such as schools and hospitals.
Overall, EMAAR PROP PJSC is a leading real estate development company that is committed to sustainability, decarbonisation, and social responsibility. With its strong focus on renewable energy and energy efficiency, the company is well positioned to drive positive change in the real estate sector and contribute to a more sustainable future for the UAE and beyond.