Alignment to National Mandates

TITLE ADNEC Group’s Role and Contribution

Through its mandate as a key player in the events, tourism and hospitality industries, ADNEC plays a major role in promoting Abu Dhabi and the UAE’s positioning as a destination of business and various sector stakeholders.

UAE’s Principles of the 50

Through this mandate, it directly contributes to the following principles – while respecting and supports the all the other principles:

The Fourth Principle related to human capital development

The Sixth Principle related to promoting the UAE as a destination for tourism, investment, and industry

The Eighth Principle: related to protection of human rights

The UAE Net Zero 2050 strategic initiative aligns with the Paris Agreement, which calls on countries to prepare long-term strategies to reduce greenhouse gas (GHG) emissions and limit the rise in global temperature to 1.5 C compared to preindustrial levels

UAE Net Zero 2050

Abu Dhabi Economic Vision 2030

Through its ESG strategy, ADNEC recognises the need for climate action in line with the Paris Agreement and other mandates, and has set goals and actions towards a Net Zero carbon footprint for its events as well as other areas of its supply chain throughout the group

ADNEC’s mission is “to maximise the social and economic benefits to Abu Dhabi’s tourism sector through synergistically Managing a group of business entities to provide and maintain world-class facilities and services that exceed shareholder and stakeholders’ expectations.”

As a group of companies operating across 6 business clusters venues, events, hotels, F&B, services, and tourism; ADNEC supports the economic diversity and stability of Abu Dhabi and the UAE – providing exception opportunity for local and international customers and stakeholders

ADNEC regularly communicates its economic and social impact through its annual report, in which it reports its gross value add (GVA), int’l visitors, deals’ value amongst other KPIs, and through its public announcements

TITLE ADNEC Group’s Role and Contribution

The Abu Dhabi Environment Vision outlines 5 priority areas that need to be addressed in order to tackle environmental concerns ADNEC, through its ESG strategy directly contributes to the some of these priority areas – while supporting the others through its normal course of business activities These priority areas include:

Abu Dhabi Environment Vision 2030

1. Climate Change

2. Clean air and noise pollution

3. Water resources

4. Biodiversity

5. Waste management

ADNEC participates regularly in ADQ’s ESG assessment process and provides performance reports and key updates on its ESG progress throughout the year

ADQ ESG Guidelines

ADNEC Group Strategy

ADNEC is currently ranked 4th (2022) amongst the 32 ADQ portfolio companies within the related sector, an improvement from 12th place a year prior (2021) ADQ assess the company’s performance across 17 ESG topics that include Environmental Management, Energy Consumption, Waste Management Customer Relations, Supply Chain Management, Training & Development Human Rights Violations, Equal Opportunity Community Initiatives Board of Directors, Anti-Competitive Practices, Nationalization

ADNEC’s core leadership philosophy is centered around sustainability, where its group level objective nr.6 is to “act as a responsible organisation” (in terms of ESG pillars) and where similar objectives are reflected in each of the business cluster’s strategies.

In line with this objective, ADNEC reports its specific clusters’ ESG scores and compliance metrics across specific priorities.