Drake & Scull International PJSC
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:99.92 tCO2e/year (2023)
Scope 1 Emissions:35.63 tCO2e/year (2023)
Scope 2 Emissions:64.29 tCO2e/year (2023)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1.038 TJ/year (2023)
Water Consumption:1000 m3/year (2023)
Waste Generated:6519 tons/year (2023)
Carbon Intensity:1.07 kg CO2e/AED thousand (2023)
ESG Focus Areas
- Climate Change
- Water Management
- Waste Management
- Employee Wellbeing
- Safety
- Diversity & Inclusion
- Corporate Governance
- Ethical Responsibility
- Economic Prosperity
Environmental Achievements
- Reduced overall electricity consumption at the office by 66% compared to previous years.
- 11.6% saving in paper usage between December 2022 and December 2023.
- Reduced water consumption by 63% in 2023 compared to 2022.
Social Achievements
- Launched initiatives and programs to support sustainability goals in the workplace.
- 77 employees joined the company in 2023, 39% were between the ages of 30 to 50 years old.
Governance Achievements
- Established a plan for restructuring and began implementing it through legal means.
- Dubai court approved the restructuring plan on November 1, 2023.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions (target year not specified)
- Expand renewable project portfolio
Medium-term Goals:
- Appoint a full-time senior sustainability officer
- Achieve 50% of projects using Energy Re-Use technology by 2030
Short-term Goals:
- Designate a ‘sustainability champion’
- Form a sustainability committee reporting to the board
Environmental Challenges
- Accumulated losses exceeding the company's capital, leading to trading suspension in 2018.
- Slowdown in operations caused by the ongoing restructuring.
Mitigation Strategies
- Implemented a financial restructuring plan involving capital increase and debt write-off.
- Focusing on core strengths (MEP, water & environment, energy) post-restructuring.
Supply Chain Management
Supplier Audits: Frequent assessments and audits to monitor and evaluate supplier performance.
Responsible Procurement
- Prioritizing partnerships with local suppliers
- Requiring major suppliers to sign a Supplier’s Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Water scarcity
Transition Risks
- Not disclosed
Opportunities
- Developing innovative solutions to global challenges (water supply, energy reuse)
- Expanding renewable project portfolio
Reporting Standards
Frameworks Used: GRI Standards: Core option, UN Sustainable Development Goals (SDGs), Dubai Financial Market’s (DFM) ESG Disclosure Guidance
Certifications: ISO 45001:2018, ISO 14001:2015, ISO 9001:2015
Third-party Assurance: Independently audited financial data; remaining content reviewed internally.
UN Sustainable Development Goals
- Goal 6: Clean Water and Sanitation
- Goal 9: Industry, Innovation and Infrastructure
- Goal 13: Climate Action
- Goal 11: Sustainable Cities and Communities
DSI contributes through its expertise in water treatment, resilient infrastructure, energy efficiency, and renewable energy projects.
Sustainable Products & Innovation
- Passavant’s Water Re-Use and Energy Re-Use technologies
Awards & Recognition
- 2018: ENI Safety award
- 2017: Collaboration Project of the Year
- 2017: Best CSR Campaign award
- 2016: Sustainable Project of the Year