In January 2023, ADNOC Distribution converted a $1.5 billion (AED5.5 billion) term loan into a sustainability-linked one, committing to a penalty/incentive approach that ties the loan to sustainability indicators. With a reduction in greenhouse emissions intensity as one of the loan's two key performance indicators, decarbonization represents both a strategic imperative and a financial commitment for ADNOC Distribution. As a testament to ADNOC Distribution's commitment to sustainability, the company is actively developing innovative sustainable mobility solutions, including electric vehicle (EV) charging infrastructure. The company currently operates 38 EV charging points at service stations across the UAE. In addition, ADNOC Distribution has agreed with Abu Dhabi National Energy Company (TAQA) to work together to establish a mobility joint venture, E2GO, to build and operate electric vehicle (EV) infrastructure in Abu Dhabi and the wider UAE.