Friday 21 January 2022

Farnek pledges to hit net zero by 2050

Arabian smart and green facilities management company Farnek has committed to achieving net zero emissions by 2050.

The move follows the United Arab Emirates’ (UAE) pledge in October last year to reach net zero by this point.

The company has measured its carbon footprint for 2021 based on energy consumption, water usage, employee travel, waste and the emissions of purchased goods.

It will use these levels as a baseline to continually decrease its footprint and invest in more low carbon alternatives and recycling measures.

It has partnered with German company ClimatePartner to track its footprint.

Farnek is aiming to halve its emissions by 2031 and reach a 90% reduction by 2048.

CEO Markus Oberlin said: “Net zero is the future. If the UAE is to achieve its net zero ambitions, the private sector must support the government and with COP28 being held in Abu Dhabi, it is vital that organisations start to plan their environmental strategy now.

“We see climate action as a business-critical issue that needs to be addressed within our own operations and across our value chain first, setting a good example.”