ADNOC (Abu Dhabi National Oil Company) — Ethics Grade F

ADNOC (Abu Dhabi National Oil Company) receives an overall ethics grade of F (12/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 15
• privacy: 30
• consumer: 40
• environment: 5
• humanRights: 10

Documented incidents (3)

• COP28 Conflict of Interest (high, 2023) — The CEO of ADNOC presided over the COP28 climate summit while simultaneously planning a massive expansion of oil and gas production. Leaked documents suggested the company used climate meetings to pitch fossil fuel deals.
• Underreported Methane Flaring (high, 2022) — Satellite data revealed significant methane flaring at ADNOC facilities that were not reflected in official company reports. Methane is 80 times more potent than CO2 over a 20-year period.
• Migrant Worker Rights Concerns (high, 2020) — As a state-owned entity, ADNOC has been criticized for the treatment of migrant workers in its construction projects. Allegations include recruitment fees, passport retention, and poor living conditions.

Documented good deeds

• Habshan Carbon Capture Project — Announced one of the largest carbon capture projects in the region to sequester 1.5 million tons of CO2 per year.

Ethical alternatives

• Ørsted — Transitioned from fossil fuels to become the world's most sustainable energy company.