Crescent Petroleum, a leading oil and gas company based in the United Arab Emirates, made a significant announcement today. It revealed that it has joined the ranks of signatories to 'Aiming for Zero', an initiative seeking to significantly reduce harmful emissions. The move signifies the company's commitment to promoting sustainable practices within the energy sector.
By joining the 'Aiming for Zero' initiative, Crescent Petroleum commits to reducing its emissions intensity by 25% across all its operations by 2030.
As a signatory to the Aiming for Zero initiative, Crescent Petroleum is committed to taking action against climate change. The initiative is designed to accelerate the transition of the oil and gas industry towards a sustainable and low-carbon future. This comes in line with the UAE's strategic vision for enhanced sustainability and decreased carbon emissions. The company's involvement further affirms its long-standing commitment to environmental responsibility and adds to its impressive portfolio of sustainability endeavors. It's a significant step that signifies their dedication to substantially reducing their carbon footprint.