·ADX·Financial Reports | Sustainability Report·March 28, 2026·View on exchange
AI Summary
Space42 released its 2025 Sustainability Report, marking the completion of its first Double Materiality Assessment and the launch of a unified ESG Strategy and Roadmap aligned with the UAE National Space Strategy 2030.
The company generated USD 620 million in direct economic value, distributing 92% (USD 568 million) to stakeholders and retaining USD 52 million for growth, while investing USD 618 million in infrastructure projects including the Al Yah 4/5 and Thuraya-4 programs.
Key operational milestones in 2025 included the successful launch of the Thuraya-4 satellite, the announcement of the Equatys direct-to-device joint venture with Viasat, and the launch of the "Map Africa" initiative to deliver geospatial data across 54 countries.
Environmental and social metrics featured a 3% improvement in Greenhouse Gas (GHG) emissions intensity to 16.02 tCO2e per employee, a 14% reduction in overall waste collected, and the maintenance of zero fatalities or lost
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