DP World sourced 65% of its electricity from renewable energy in 2024, marking a milestone in the company's sustainability efforts.

DP World highlighted the milestone in its latest Sustainability Report, which detailed the company's US$1.17 billion investment in green and low-carbon infrastructure projects, along with initiatives in sustainable finance, environmental management, and inclusive growth.

In October, DP World published its inaugural Green Sukuk Impact and Allocation Report detailing the allocation of US$1.17 billion from a US$1.5 billion bond raised in 2023 toward eligible green projects, including low-carbon infrastructure, fleet electrification and renewable energy systems. 

The company also issued a US$100 million Blue Bond — the first corporate to do so from Central and Eastern Europe, the Middle East and Africa — to fund sustainable projects across marine transportation, port infrastructure, marine pollution, as well as nature and water positive initiatives, setting a new benchmark for sustainable finance in emerging markets. 

Beyond operational progress, the report also highlighted DP World's US$15.1 million investment in global initiatives focused on education, skills development, and essential infrastructure across the communities it serves. 

"This report reflects a year of real progress. Sourcing 65% of our electricity from renewable sources across the business, being the first corporate to launch a Blue Bond in the region and delivering impact in the communities in which we operate show what's possible when sustainability is embedded into the heart of the business," said Sultan Ahmed bin Sulayem, group chairman and CEO of DP World.

"This is the result of bold investments, rigorous accountability, and a belief that we can build a future where commerce and climate resilience go hand in hand. From electrifying our terminals and deploying renewable energy at scale to issuing innovative green and blue finance instruments, we are transforming how global trade is powered and financed."

The report also marks a step forward in ESG governance and transparency practices, with DP World becoming the first corporation globally to publish a Sustainable Development Impact Disclosure Report across five countries. ESG ratings also improved across leading agencies, such as MSCI and EcoVadis. 

Developed in line with the Global Reporting Initiative (GRI) Standards, the report includes decarbonization targets validated by the Science-Based Targets initiative (SBTi) and maps GRI disclosures against IFRS S2 Climate standards.