Action through partnership We believe that we can only achieve a just and equitable energy transition through collaboration and partnership. We continue to build on existing partnerships focused on a wide range of clean energy solutions such as the use of bacteria to convert CO 2 into fuels and chemicals; the production of graphene and low-carbon hydrogen; the development of battery energy storage systems made from re-used electric vehicle batteries; and the implementation of blockchain technology to record and certify the carbon footprint of products. We partner with research and academic institutions to advance technological innovation. These institutions include Khalifa University in Abu Dhabi, the Non-Metallic Innovation Centre in Cambridge, UK, the Mohammed Bin Zayed University for Artificial Intelligence, UAE University in Abu Dhabi, and the University of Manchester in the UK. We are patrons of the TechX Clean Energy Accelerator program, which is run in partnership with Accenture, bp, Equinor, and the Net Zero Technology Center in Aberdeen, UK. Together, we hold an annual competition to find innovative start-ups pioneering energy transition technologies. We then support these companies to scale up by providing funding and expertise. Energy transitions away from fossil fuels to lower emission alternatives are not easy or straightforward. Nobody can go it alone nor complete the task all in one go. A sensible path to succeed in the delivery of Net Zero, and more, is to connect energy sources with wider access and wiser energy uses. Navigating the complex World Energy Trilemma issues of sustainability alongside the social considerations of equality and affordability and energy security is highly challenging. Through progressive actions and plans announced in 2023 ADNOC leadership demonstrated their willingness to actively address pressing challenges of today and to contribute to making energy transitions happen. Dr. Angela Wilkinson Secretary General and CEO, World Energy Council 44
Sustainability Report 2023: Energy for Life Page 45 Page 47