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Farnek unveils roadmap to achieve Net Zero emissions by 2050

by Anthony Fonseca
April 19, 2023
in News

FM company aims to reduce energy and water consumption within the next 5 years

Markus Oberlin, CEO, Farnek

Leading UAE-based smart and green facilities management (FM) company Farnek, has unveiled its roadmap to achieve Net Zero emissions by 2050, supporting the UAE’s strategic initiative, announced in October last year.

“In terms of corporate business strategy, Net Zero is the future. If the UAE is to achieve its Net Zero ambitions, the private sector must support the government and with COP 28 being held in Abu Dhabi, it is vital that organisations start to plan their environmental strategy now,” commented Markus Oberlin, CEO, Farnek.

Using 2021 as a baseline, Farnek consultants have already identified the scope and boundaries, to accurately measure its carbon footprint. Apart from building performance, such as energy and water consumption, Farnek is also taking into account, employee travel, logistics, purchased good and services, waste disposal, as well as focusing on recycling, renewables and other lower carbon alternatives, the company said via a press statement.

“By 2026 we aim to reduce our electricity, water, refrigerants and fuel consumption by 30%. We will also cut our waste by 10% and lower emissions associated with purchased good and services by 5%,” stressed Nadia Ibrahim, head of sustainability at Farnek. In 2031 Farnek’s objective is to decrease its emissions in these categories by up to 50% and by 2048 its carbon footprint will have been cut by up to 90% overall.

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Tags: ConservationFMSustainability
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