DUBAI: Global logistics giant DP World has reached a major sustainability milestone—65% of its electricity came from renewable sources in 2024. This achievement, revealed in the company’s latest Sustainability Report, marks a key step in transforming how global trade is powered.
The report details how DP World invested $1.17 billion in green and low-carbon infrastructure, funded in part by its Green Sukuk issued in 2023. These funds were channelled into projects like fleet electrification, renewable energy systems, and port decarbonisation.
In another regional first, DP World issued a $100 million Blue Bond, becoming the first corporate from Central and Eastern Europe, the Middle East, and Africa to do so. This bond supports projects tackling marine pollution, sustainable port infrastructure, and ocean-focused environmental initiatives.
The company is also investing in people and communities. Over $15 million was spent globally in 2024 on education, skills development, and infrastructure in the regions DP World operates in—reinforcing its commitment to inclusive growth.
Group Chairman and CEO Sultan Ahmed bin Sulayem said the report reflects “a year of real progress,” highlighting how commerce and climate resilience can work hand in hand. He added that the firm’s efforts—from electrifying terminals to green finance—showcase its determination to lead global trade into a low-carbon future.
DP World also made strides in ESG transparency. It became the first company worldwide to publish a Sustainable Development Impact Disclosure Report across five countries. The report aligns with GRI and IFRS S2 standards, and includes Science Based Targets for decarbonisation.
