The report outlines Aldar's significant progress in responsible growth and sustainability initiatives for the year 2020. The company achieved a 17% increase in revenue and an 8% increase in gross profit, driven by a diversified business model, a robust governance framework and a commitment to sustainability. Key highlights include the launch of a portfolio-wide energy management project, a new operating model, an investment of AED 190 million in supporting communities and the ATMAH Social Impact Bond, and the launch of the Darna loyalty programme. Aldar also further aligned its operations with the UN Global Compact and the Task Force on Climate-related Financial Disclosures (TCFD), reflecting its commitment to a sustainable future. The report emphasizes the importance of sustainability across all aspects of the business and highlights Aldar's achievements in reducing its carbon footprint, fostering a culture of innovation and driving a customer-centric approach.
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Aldar Properties PJSC 2020 Sustainability Report
Issuing Company Aldar Properties PJSC
Report Type Sustainability Report
Report Language EN
Report Filesize 5.05 MB
No. of Pages 123 pages
Reporting periodJanuary 1, 2020-December 31, 2020
Report Edition3
Assurance Provider KPMG
Reporting Standards GRI; Core option
Materiality Assessmenttrue