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
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
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
*About Reach announcements
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.