ESG & Sustainability
Responsible Trading for a Sustainable Future
Energy trading carries both commercial opportunity and environmental responsibility. At Noura Energy, we are committed to minimising our footprint while actively supporting the global energy transition.
Emissions Reduction
Scope 1 & 2 target by 2030
Renewable Office Energy
Achieved across all offices
Community Investment
Since 2018 in UAE & East Africa
Net Zero Target Year
For direct operational emissions
ESG Framework
Three Pillars of Responsible Business
Environmental Stewardship
We are committed to reducing the carbon footprint of our operations and supply chains. Our environmental strategy includes Scope 1, 2, and 3 emissions measurement, annual third-party verification, and a clear roadmap to net zero by 2035 for our trading-related activities.
Key Initiatives
- Annual GHG inventory (ISO 14064-1)
- Carbon offset portfolio via Gold Standard projects
- Preference for low-methane and certified crudes
- Green tanker vetting criteria for vessel nominations
Social Responsibility
Noura Energy invests in the communities where we operate and the talent pipeline that will power tomorrow's energy industry. From graduate training programmes to community development initiatives in East Africa, we take our social role seriously.
Key Initiatives
- Graduate Trader Programme — 10 placements per year
- Partnerships with UAE universities for STEM education
- Clean cooking fuel access projects in East Africa
- Supplier diversity programme for MENA SMEs
Corporate Governance
Strong governance underpins every aspect of Noura Energy's business. An independent board, transparent reporting, and a best-in-class compliance function ensure that we operate with integrity in every jurisdiction where we trade.
Key Initiatives
- Independent non-executive board directors
- Annual ESG report aligned to GRI Standards
- Whistleblower protection and ethics hotline
- Anti-bribery training for 100% of staff annually
Energy Transition
Building Tomorrow's Energy Business
The energy transition is not a threat to our business — it is our next opportunity. Noura Energy is building commercial capabilities across the clean energy value chain.
Low-Carbon Oil Products
Noura Energy is developing capabilities in bio-based base oils and low-sulphur fuel products, responding to tightening IMO and regional environmental standards.
Biofuels & SAF
We are developing commercial capabilities in sustainable aviation fuel (SAF) and marine biofuels, positioning Noura to serve clients as decarbonisation mandates take effect.
Green Hydrogen
Exploratory partnerships with UAE and Saudi electrolyser projects position Noura Energy to participate in emerging green hydrogen and ammonia trade flows from the Gulf.
Carbon Markets
Active engagement with voluntary carbon markets, Article 6 bilateral mechanisms, and compliance carbon schemes as these markets develop liquidity and regulatory clarity.
Our Commitments
2030 Sustainability Targets
Scope 1 & 2 GHG Emissions
vs. 2022 baseline
Renewable Energy in Offices
Across all four offices
Women in Leadership
Executive Committee & above
Significant Compliance Breaches
Maintained annually
Graduate Traders Hired
Per year from UAE universities
Operational Carbon
By 2035 with offset backstop
International Frameworks
Standards We Adhere To
UN Global Compact
Social & Environmental
Signatory since 2023
GRI Standards
Reporting Framework
Signatory since 2022
TCFD
Climate Disclosure
Signatory since 2023
Equator Principles
Project Finance
Signatory since 2021
IFC Performance Standards
Social & Environmental
Signatory since 2021
ISO 14001
Environmental Management
Signatory since 2020
ESG Reporting
Read Our Annual ESG Report
Our annual Sustainability Report is independently assured and published in accordance with GRI Standards. Download the latest edition to learn more about our ESG commitments.