Sahara Group, a global energy conglomerate, announced its ambitious goal to become a net zero business by 2060. This declaration came during Sahara Group’s 2022 sustainability report presentation, emphasizing their dedication to greener and cleaner energy.
Ejiro Gray, the Director of Governance and Sustainability at Sahara Group, outlined a comprehensive Energy Transition Plan. This plan marks a pivotal step in Sahara’s journey towards reducing its operational carbon footprint. Gray emphasized the company’s commitment to launching projects that will significantly reduce and eventually eliminate operating emissions.
Aiming for operational excellence, Sahara Group’s strategy involves setting ambitious targets. These targets are essential for achieving an equitable energy transition, a responsibility the firm deeply acknowledges due to its significant role in global economic growth.
The plan extends across Sahara Group’s extensive operations, including upstream, midstream, downstream, power, and infrastructure sectors, spanning over 42 countries in Africa, Asia, Europe, and the Middle East. Gray highlighted the plan’s critical role in sustaining the business and contributing to a healthier, cleaner planet for future generations.
Sahara Group’s initiative is a model for corporate responsibility in addressing climate change. It underscores the urgency of integrating sustainability into core business strategies. By focusing on energy transition, Sahara is paving the way for other global firms to follow suit in the vital shift towards renewable and sustainable energy sources.
The company’s forward-thinking approach includes a thorough analysis of its greenhouse gas emissions. This analysis serves as a foundation for Sahara Group to effectively monitor and minimize its environmental footprint. The commitment to transparency in reporting these metrics demonstrates a clear dedication to environmental stewardship.
In addition to environmental efforts, Sahara Group’s 2022 sustainability report also sheds light on the company’s social and corporate governance achievements. These achievements reflect the Group’s holistic approach to sustainability, balancing economic growth with social responsibility and environmental care.
The report encompasses diverse operations within the Sahara Group, such as Asharami Energy in the upstream sector, Sahara Trade in the midstream, Asharami Synergy in downstream operations, and entities in power generation and distribution. This wide-ranging coverage exemplifies Sahara Group’s comprehensive approach to sustainability across all its business dimensions.
Gray concluded by acknowledging the collective effort of stakeholders in achieving the milestones detailed in the report. She reiterated Sahara Group’s commitment to continuous improvement in sustainability practices. This commitment is not only beneficial for the company but also contributes significantly to global efforts against climate change.
Sahara Group’s net zero target by 2060 is more than a corporate goal; it’s a signal to the world that sustainable business practices are integral to the future of our planet. As Sahara Group continues to innovate and lead in this area, it sets a high standard for others in the energy sector and beyond.
