Sustainability is an integral part of our identity, building on our values and the vision of the UAEs Founding Father, the late H.H. Sheikh Zayed bin Sultan Al Nahyan, who championed sustainability and the protection of the countrys natural ecosystems. As a progressive and responsible international energy company, we believe in a just, orderly, and equitable energy transition as set out in the UAE Consensus. The UAE Consensus is a historic climate agreement arrived at by 198 parties during COP28 in Dubai, UAE, that aims to keep global warming below 1.5C. Energy for Life guides our decisions and our work to power lives, drive economic prosperity and create long-term value for our stakeholders, society and the environment. Building on our legacy of responsible and lower-carbon-intensity energy production, we are accelerating the decarbonization of our operations, diversifying into new energy sources, and collaborating to achieve net zero by 2045. Energy for Life Energy is the driving force of progress- it powers our homes, fuels our industries and keeps us connected. As the worlds population continues to expand, we need to ensure greater access to affordable and sustainable energy while responding to the urgent need to safeguard our planet. For more than 50 years, ADNOC has been committed to providing energy to empower people and communities, while protecting our environment. We call this Energy for Life. 8
Sustainability Report 2023: Energy for Life Page 9 Page 11