In 2024, DP World achieved a significant milestone in its sustainability journey by generating 65% of its power from renewable sources. DP World’s latest Sustainability Report, published on Friday, highlights this milestone. The study highlights the company’s daring initiatives in sustainable financing, environment management, and inclusive growth, as well as its $1.17 billion investment in green and low-carbon infrastructure projects.
DP World released its first Green Sukuk Impact and Allocation Report in October, which described how $1.17 billion of a $1.5 billion bond issued in 2023 was distributed to qualified green projects, including as renewable energy systems, low-carbon infrastructure, and fleet electrification.
In order to finance sustainable projects in the areas of marine transport, port infrastructure, marine pollution, and nature and water positive initiatives, the company also issued a $100 million Blue Bond, becoming the first corporate entity from Central and Eastern Europe, the Middle East, and Africa to do so. This set a new standard for sustainable finance in emerging markets.
The report emphasises the company’s $15.1 million investment in worldwide projects centred on education, skills development, and critical infrastructure throughout the communities it serves, in addition to operational accomplishments.
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