Adnoc's CEO appointed to Mubadala board

Posted : October 25, 2023

In a historic move, the CEO of Abu Dhabi National Oil Company (Adnoc), Sultan Ahmed Al Jaber, has been appointed as the United Arab Emirates' (UAE) Special Envoy for Climate Change. This marks the first time any CEO, let alone one from the fossil fuel industry, has been given such a role. Al Jaber's appointment comes as the UAE aims to transition towards a more sustainable and diversified economy, reducing its reliance on oil and gas while increasing its renewable energy capacity.
1. CEO of Abu Dhabi National Oil Company (Adnoc), Sultan Ahmed Al Jaber, has been appointed as the UAE's Special Envoy for Climate Change, the first time a CEO from the fossil fuel industry has been given such a role.

2. This appointment reflects the UAE's commitment to transition towards a more sustainable and diversified economy, reducing reliance on oil and gas while increasing renewable energy capacity.

3. Al Jaber's extensive knowledge and expertise in the oil sector will contribute to Mubadala Investment Company's strategy in transitioning to a more sustainable and environmentally-friendly future.

4. The appointment of Al Jaber sets a progressive example for other organizations in the industry to follow, inspiring them to strive for a greener tomorrow.

5. This move reinforces Mubadala's commitment to diversifying its portfolio and exploring renewable energy sources.
According to the International Energy Agency, the United Arab Emirates has the highest carbon emissions per capita in the world.
appointed as the head of Mubadala Investment Company. This move reinforces the commitment of the company to diversify its portfolio and explore renewable energy sources. As an experienced leader in the oil sector, his extensive knowledge and expertise will undoubtedly contribute to the company's strategy in transitioning to a more sustainable and environmentally-friendly future. With this groundbreaking appointment, Mubadala is setting a progressive example for other organizations in the industry to follow, inspiring them to strive for a greener tomorrow.