Climate Policy Engagement Analysis
Climate Lobbying Overview: The Abu Dhabi National Energy Company PJSC (TAQA) appears to support climate action in its top-line messaging, but has limited engagement on specific climate regulations. The company generally supports the energy transition, specifically increasing renewable energy sources.
Top-line Messaging on Climate Policy: TAQA’s top-line communications on climate policy appear to be positive. In November 2024, as a signatory of the COP29 Global Energy Storage and Grids Pledge, it acknowledged that rapid and sustained reductions are required in greenhouse gas emissions by 2030 to meet the Paris Agreement temperature goals. Further, in the 2023 Annual Report, published in March 2024, TAQA Chairman, H.E. Mohamed Hassan Alsuwaidi supported the outcomes of COP28, namely achieving tripling renewables and doubling energy efficiency by 2030. In a January 2024 study jointly published with Bloomberg, it appeared to suggest that government regulation is an enabler of meeting net-zero commitments.
Engagement with Climate-Related Regulations: TAQA appears to have limited transparent engagement with specific climate-related regulations, with no disclosures of direct engagement with policy on its corporate website. In June 2023, as the founding member of the UAE Carbon Alliance, company CEO Jasim Husain Thabet stated support for setting-up a carbon market in the UAE. Further, in the 2023 Annual Report, published in March 2024, the chairman supported the energy efficiency targets set by the COP28 consensus.
Positioning on Energy Transition: TAQA takes positive positions on the energy transition in the UAE, however in the Netherlands the company appears to be negatively engaged, including advocating for a long-term role for Dutch gas. In December 2024, as signatory to the Global Renewables Alliance, it supported the outcomes of the COP29, namely deploying 1,500 GW of energy storage, doubling global grid investments, and deploying 25 million kilometres of grid infrastructure by 2030. Further, in an opinion piece published in MEED in May 2024, it advocated in favor of removing political, technical, and market-related hurdles in the deployment of renewable energy.
However, its Netherlands operations, appeared to support a long-term role of Dutch gas, citing energy security and affordability concerns. Moreover, in an October 2023 speech, CEO Thabet appeared to support the role of thermal and geothermal energy in a future energy mix to bolster the energy security in the near term.
Industry Association Governance: TAQA does not disclose its industry association memberships or details on its indirect climate-related lobbying activities, including positions of industry associations or how the company is attempting to influence these positions. TAQA has not published an audit of its alignment with industry links. TAQA does not appear to hold any memberships to industry associations covered by InfluenceMap's database.
This summary was last updated in Q1 2025.
Additional Note: TAQA is headquartered in the United Arab Emirates, where InfluenceMap’s LobbyMap platform can currently only make a provisional assessment of corporate climate policy engagement, due to limited capability to access publicly available data on this issue. As it is possible that InfluenceMap is not yet able to fully capture evidence of TAQA’s climate policy engagement activities, these scores should be considered provisional at this time.
In addition, TAQA is a listed company with more than 74.1% of its shares indirectly owned by the government of Abu Dhabi. State-owned enterprises likely retain channels of direct and private engagement with government officials that InfluenceMap is unable to assess, and therefore are not represented in TAQA’s engagement intensity metric.