Sabien Wins “Driving Innovation” Award

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                                                                  [phone]

Scott Fulton, Investor Relations                                                                         [e-mail]

Allenby Capital Limited (Nominated Adviser)

John Depasquale / Nick Harriss / Vivek Bhardwaj                                          [phone]

Peterhouse Capital Limited (Broker)

Duncan Vasey / Lucy Williams                                                                           [phone]

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

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