Emirates Central Cooling Systems Corporation PJSC

Emirates Central Cooling Systems Corporation PJSC

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Empower Launches Summer Energy-Saving Campaign

Summary

Empower's summer campaign promotes energy efficiency to help customers reduce cooling bills and support sustainability goals.
Empower encourages sustainable cooling practices to lower bills.

In a bid to promote energy efficiency and sustainability, Emirates Central Cooling Systems Corporation PJSC, known as Empower, has launched its annual summer campaign. The initiative, under the banner 'Set and Save at 24°C', encourages both residential and commercial customers to adopt energy-saving practices to reduce district cooling consumption during the peak summer months.

Empower, the world’s largest provider of district cooling services, is urging its customers to set their air conditioners to auto mode at 24°C. This simple adjustment can lead to significant environmental and economic benefits. The company also provides practical advice on minimizing indoor heat sources, including closing curtains, sealing window and door gaps, and shading glass surfaces to reduce external heat infiltration.

H.E. Ahmad bin Shafar, CEO of Empower, emphasized the company's commitment to the UAE's vision of a sustainable future. He stated, 'Empower is committed to supporting the vision of the UAE’s leadership in building a sustainable future where the next generations can enjoy a high quality of life. This commitment is reflected in our focus on promoting environmentally responsible practices and preserving natural resources.'

The campaign, now in its twelfth year, aims to increase awareness and encourage responsible energy consumption. Empower believes that through innovation and customer engagement, they can deliver high-quality district cooling services while supporting national sustainability goals. The campaign not only helps customers reduce their monthly energy bills but also contributes to the country's broader sustainability efforts.

For investors considering Empower, the company's focus on sustainability and efficiency is a positive indicator of its long-term strategy. However, given the current market conditions and the company's established position, a hold recommendation is suggested. This allows investors to monitor the company's performance and strategic initiatives while benefiting from its stable market presence.

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