Empower Leads Sustainable Cooling at Global Summit

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Empower, the world's largest district cooling provider, showcased its expertise at the World Green Economy Summit in Dubai.

Empower Leads Sustainable Cooling at Global Summit

Summary

Empower demonstrated its district cooling expertise at the World Green Economy Summit, highlighting its role in sustainable development and climate change mitigation.

Emirates Central Cooling Systems Corporation PJSC, known as Empower, recently showcased its prowess in district cooling at the World Green Economy Summit in Dubai. The summit, held on October 3, 2024, at the Dubai World Trade Centre, focused on the theme 'Empowering Global Action.' Empower, as the world's largest district cooling services provider, reaffirmed its commitment to assisting countries in achieving sustainable futures through environmentally friendly solutions.

During a panel discussion, H.E. Ahmad bin Shafar, CEO of Empower, emphasized the critical role of district cooling in enhancing energy efficiency and addressing climate change. He highlighted the economic and social benefits of district cooling, which extend beyond sustainability to create ideal environments for energy-saving systems.

Empower's participation in the summit underscores its dedication to addressing societal issues related to climate change. The company is known for raising awareness about global warming and supporting initiatives aligned with international and UAE efforts to combat climate change.

In the context of investment, Empower's consistent focus on sustainable solutions and its prominent role in the district cooling industry make it a viable option for investors seeking to align with environmentally conscious companies. However, given the neutral outlook on the company's future, investors might consider holding their positions to observe how Empower continues to navigate the evolving landscape of sustainable energy solutions.

Empower's leadership in district cooling and its proactive approach to addressing climate change position it as a key player in the global movement towards sustainable development. As the company continues to expand its influence and expertise, stakeholders can anticipate further contributions to the international agenda on environmental protection.

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Source

Press release

Summary

Emirates Central Cooling Systems Corporation (Empower), the largest provider of district cooling services globally, highlighted its capability to assist countries in achieving sustainable living standards that exceed global benchmarks through eco-friendly district cooling solutions. This was discussed during a panel at the World Green Economy Summit in Dubai, where Empower's CEO, H.E. Ahmad bin Shafar, emphasized the urgent need for action against climate change through effective policies and plans. Bin Shafar noted that district cooling not only contributes to sustainability but also offers economic and social benefits, promoting energy-saving systems. Empower is recognized for addressing environmental issues and supporting initiatives aligned with international efforts to combat climate change.

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