RCS - Sabien Technology - Sabien Wins “Driving Innovation” Award

Sabien TechnologyAnnouncement

27/09/2024 07:00

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RNS Number : 9026F  Sabien Technology Group PLC  27 September 2024

REACH announcement*

 

27 September 2024

 

Sabien Technology Group plc

("Sabien" or the "Company")

 

Sabien Wins "Driving Innovation" Award at CBRE Above and Beyond Supplier
Annual Awards

 

Sabien (AIM: SNT), a leading provider of energy reduction technologies, is
pleased to announce that it has been awarded the "Driving Innovation" accolade
at CBRE's Above and Beyond Supplier Annual Awards. The event, held at CBRE's
flagship UK office in London, celebrates exceptional service and innovation
delivered by CBRE's key supplier partners.

 

Tom Sprunt, Managing Director of Sabien, commented: "We are honoured to
receive this recognition for our commitment to driving innovation,
particularly with our M2G Cloud Connect solution. This award highlights the
efforts of the Sabien team and our focus on helping clients achieve their ESG
goals through energy reduction technology."

 

Sabien's M2G Cloud Connect solution, which underpinned this award, provides
real-time, visible energy savings and analytics. By continuously monitoring
plant operations, M2G Cloud Connect captures and processes data, offering
actionable insights via an intuitive smart dashboard. This technology not only
delivers immediate energy savings but also offers clear guidance on optimising
plant performance and efficiency.

 

Sabien's collaborative approach with CBRE and their clients, from project
inception through to post-implementation, ensures maximum value is derived
from the solution. The M2G Cloud Connect platform has already demonstrated
significant energy savings across multiple CBRE properties, further driving
the commitment to enhanced energy efficiency and cost savings.

 

Richard Parris, Executive Chairman of Sabien, added: "To have the world's
largest property company recognise our technology as a key innovation is a
powerful validation of our platform's energy and emissions reduction
capabilities. With recorded savings of up to 34% from existing CBRE
installations, the potential for wider deployment of M2G modules across their
global portfolio is substantial."

 

Sabien is also proud to hold the Green Economy Mark from the London Stock
Exchange, recognising companies generating over 50% of their revenues from
sustainable products and services. This award further solidifies Sabien's
position as a leader in environmental stewardship, aligning with CBRE's
commitment to responsible business practices and innovation.

 

CBRE, the world's largest real estate services and investment firm, operates
in over 100 countries and has consistently featured on Fortune's "World's Most
Admired Companies" list. In 2023, CBRE reported revenues of $30.8 billion.

 

For Further Information:

 

Sabien Technology Group plc

Richard Parris, Executive Chairman
 
+44 20 7993 3700

Scott Fulton, Investor
Relations
scott.fulton@sabien.com

 

Allenby Capital Limited (Nominated Adviser)

John Depasquale / Nick Harriss / Vivek Bhardwaj
 
+44 203 328 5656

 

Peterhouse Capital Limited (Broker)

Duncan Vasey / Lucy
Williams
+44 207 469 0930

 

About Sabien Technology Group plc

Sabien Technology Group plc provides energy reduction solutions designed to
help businesses achieve their sustainability goals, with a particular focus on
reducing energy consumption and carbon emissions.

 

Website: www.sabien.com (http://www.sabien.com/)

 

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