Dubai: Dubai Electricity and Water Authority (DEWA) has updated its strategic plan, adding achieving net-zero by 2050 to its vision. DEWA’s new vision is “A globally leading sustainable innovative corporation committed to achieving net-zero by 2050.”
“We are committed to and aligned with Dubai’s 8 Guiding Principles and 50-Year Charter, supporting the UAE’s directions through the delivery of global leading services and innovative energy and potable water solutions enriching lives and ensuring the happiness of our stakeholders for a sustainable net-zero carbon 2050,” DEWA stated in its mission statement.
Mr. Saeed Mohammed Al Tayer, MD & CEO of DEWA, stressed DEWA’s commitment to regularly update its strategic plan in line with the government plans and strategic to anticipate the future, innovate technologies, and employ them to achieve the best results.
“We have updated DEWA’s strategic plan to focus on ensuring net zero by 2050 and supporting the circular economy. This is in line with declaring 2023 as the “Year of Sustainability” in the UAE by Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, for sustainability as the cornerstone of all social, economic, and environmental development plans,” the CEO shared.
“This supports the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power production capacity from clean energy sources by 2050 and other inputs that support the transition to a sustainable green economy in Dubai and the UAE,” added Al Tayer.
According to the CEO, DEWA is moving towards reducing its carbon footprint to achieve sustainable net-zero carbon by 2050. The production capacity of clean energy in Dubai is around 14 percent of Dubai’s total power production capacity using photovoltaic solar power (PV) and concentrated solar power (CSP).
Ms. Khawla Al Mehairi, Executive Vice President of Strategy and Government Communications at DEWA, observed that DEWA adopts the third generation (3G) Balanced Scorecard, which provides an organised mechanism for implementing the strategic plan. The strategic map provides a clear visual indicator of how the themes and perspectives of the 3G Balanced Scorecard relate to each other and form the overall strategy of the organisation. It further displays a cause-and-effect relationship from the bottom row (Support, Learning, and Growth Perspective) to the top row (Triple Bottom Line Perspective) through internal processes and stakeholder perspectives.