DP World sourced 65 per cent of its electricity from renewable energy in 2024, according to its latest sustainability report. The Dubai-based logistics and port operator invested $1.17 Bn in green infrastructure, including fleet electrification and clean energy systems.

The funds were part of a $1.5 Bn Green Sukuk raised in 2023, with $1.17 Bn already allocated to eligible low-carbon projects. In addition, DP World issued a $100 Mn Blue Bond, marking the first of its kind among corporates in Central and Eastern Europe, the Middle East, and Africa.

The Blue Bond will support sustainable marine transport, port infrastructure, marine pollution reduction, and nature-positive initiatives. These financial instruments are expected to drive climate-focused investments across emerging markets.

Beyond decarbonisation, DP World also committed $15.1 Mn to social impact efforts in education, skills training, and community development in its operational regions.

The company’s leadership sees these efforts as part of a broader strategy to embed sustainability into core business operations and set industry benchmarks for responsible growth and climate action.

Source:BW Online Bureau