1971 1977 1978 2000s 2016 2018 2020 2021 2023 2022 ADNOC established to ensure responsible stewardship of Abu Dhabi’s oil and gas resources and drive the UAE’s economic development. First LNG cargo shipped, making ADNOC LNG a pioneer of the gas liquefaction industry in the region. ADNOC Gas Processing established, capturing gas to supply our power generation needs and minimize environmental impacts associated with flaring. Zero routine flaring policy established, a major milestone on our path to eliminate flaring and reduction of methane emissions. Al Reyadah established, the region’s first commercial-scale carbon capture and storage facility with up to 800,000 tonnes per year of CO2 capture capacity. $600 million Ruwais Waste Heat Recovery project launched to produce 230MW of electricity per day. 2030 sustainability strategy established with commitments on reducing the carbon intensity from ADNOC operations by 25%, increasing carbon capture capacity by six-fold and planting 10 million mangroves by 2030. ADNOC signs up to the Oil & Gas Methane Partnership 2.0 (OGMP 2.0). ADNOC signs international partnership agreements for a world-scale, one million tonnes per year low-carbon ammonia production facility. Allocated initial $15 billion investment by 2027 for landmark decarbonization projects and lower-carbon solutions. ADNOC brings forward net zero ambition by five years to 2045. ADNOC commits to zero methane by 2030. Net Zero by 2050 ambition announced. ADNOC invests in renewables through its Masdar shareholding. Partnership to source 100% of ADNOC’s imported grid power from nuclear and solar energy sources. New upstream methane intensity target of 0.15% by 2025 set. Achieved 90% reduction in flaring volume since company’s founding. Dedicated directorate established to drive investments in decarbonization and lower- carbon energy solutions. Deployed drone technology to plant 2.5 million mangrove seeds. $ 04 Our Journey to Net Zero 27 26 Advancing Towards Net Zero