ADNEC GROUP

Abu Dhabi National Exhibitions Company (ADNEC), is part of ADQ, one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi’s non-oil economy. ADNEC is a leader in managing and developing international strategic centres and was founded with a vision to become the leading destination for popular, high-profile international conferences, exhibitions and congresses in the Middle East and North Africa.

It owns and operates the Abu Dhabi National Exhibition Centre, the largest exhibition venue in the MENA region. In addition, ADNEC also includes ExCeL London, Al Ain Convention Centre, Aloft London ExCeL, DoubleTree Hilton ExCeL London, Aloft Abu Dhabi, Andaz Capital Gate Abu Dhabi, Anantara Sir Bani Yas Island Abu Dhabi Resort, and Qasr Al Sarab Desert Resort by Anantara, ADNEC Services LLC, Capital Hospitality, Tourism 365 and Capital Events LLC. ADNEC Group is developing its network of companies, enhancing business tourism in Abu Dhabi by creating a platform that enables event organisers to connect with people in world-class events and venues. ADNEC delivers best-in class services which exceed stakeholder expectations.

Group Vision

A synergetic world class group of leading business entities that are committed to maximise the economic and social value where we operate

Group Mission

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

VENUES

EXHIBITIONS

لﺎــــﺘـﻴـﺑﺎـــﻛ تﺎـﻴﻟﺎﻌﻔـﻠﻟ HOTELS

SERVICES

TOURISM

ADNEC (ESG) Report

About this report

We present to you Abu Dhabi National Exhibitions Company’s (ADNEC Group) Environmental, Social and Governance (ESG) annual report.

This first-time issuance comes after 6 years of issuing the company’s GRI report (a sustainability reporting based on the principles and guidelines of global reporting initiative GRI).

The report covers the financial and operational years 2018-2021, providing an overview of ADNEC’s ESG related performance. It follows ADQ’s ESG information gathering template and their general guidelines which have been developed in accordance with international and national standards, i.e., the GRI Standards for reporting as well as the Abu Dhabi Stock Exchange (ADX) ESG Disclosure Guidance, and Abu Dhabi Government priorities.

Why ESG

ESG framework helps ADNEC to understand the risks and opportunities across its business lines, current performance, and targets to meet the company’s goals of strong financial performance while aligning with the Abu Dhabi Government priorities. The ESG framework defines a common and relevant reporting metric and balance ESG priority against the financial objectives of ADNEC Group.

ESG is not only doing the right thing; it is doing the right thing in a profitable way. It has been proven that organisations performing on ESG principles have higher financial growth and optimisation, top-line growth, cost reductions, more stability, higher productivity from staff, reduced regulatory and legal risk and interventions (fines and sanctions).

Scope

This report primarily focuses on the material sustainability issues concerning Abu Dhabi National Exhibitions Company - ADNEC Group’s core business in UAE. As the Group’s mandate has been evolving during the last years by expanding in leisure tourism through the newly established Tourism 365 and recent acquisition of aviation catering service; it was not possible to provide information that addresses these new business lines. There may however be some ad-hoc examples used where relevant. Additionally, this report does not address other exhibition, conference or hotel activities through other companies within ADNEC Group (ExCeL London and Group owned hotels).

Link to SDGs

Our sustainability framework is linked to UN Sustainable Development Goals (SDGs) as the company’s activities and main services are directly impacting social and economic aspects. Our calculated GVA (Gross Value Add) summarises the economic and social impact we generate. Throughout our activities (events, hospitality, travel and others) we directly link to Goal #8 (Decent work and economic growth), Goal #3 (Good Health and Well Being) and Goal #7 (Affordable and Clean Energy) respectively.

Net Zero Carbon Events

In year 2021, ADNEC announced its participation in the Net Zero Carbon Events initiative, a global initiative which aims to bring together a wide range of industry stakeholders to jointly tackle climate change and drive towards net zero by 2050. Participants from within our industry signed a pledge committing to support the goal of net zero greenhouse gas (GHG) emissions by 2050, in line with global efforts set out by the Paris Agreement to limit warming to 1.5°C and reduce total global GHG emissions by 50% by 2030, and to advocate for industry efforts throughout the value chain to achieve the same.

In pursuit of this aim, before end of 2023, ADNEC undertakes to publish its roadmap to achieve this goal. The Pledge was officially launched and announced in November 2021, as part of the UN Climate Change Conference (COP26). Net ZeroCarbon Before end of 2023, ADNEC undertakes to

publish its roadmap to achieve this goal

Continuous improvement

ADNEC recognises limitations in the report (limitations we intend to handle in future publications), such as presentation of more quantitative data and objectives, as well as external assurance of the report’s principles and content.