Empower wins two golds at IDEA 2022
DUBAI, UAE, 15 June 2022: Emirates Central Cooling Systems Corporation (Empower) won two gold awards at the International District Energy Association (IDEA) Annual Conference 2022, which took place from June 6 to 9 in Toronto, Canada, the District Cooling company said.
Making the announcement today, Empower said its winning the two gold awards – for the categories, ‘Number of Buildings Committed’ and ‘Total Building Area Committed’ in IDEA 2022 – is the eighth of its kind, as the company has won the same awards in the years 2005, 2007, 2016, 2017, 2018, 2019 and 2021. In addition, it has received various other awards from IDEA – numbering 17 – in other categories, Empower said. Moreover, the company said, it has been honoured with many other awards and titles from various conferences and exhibitions around the world, in recognition of its distinguished achievements in developing the District Cooling industry, worldwide, as the world’s largest District Cooling services provider.
Empower said its winning represents a renewed international recognition of the company’s efforts to promote the District Cooling concept worldwide, and to encourage decision-makers to adopt this environmentally friendly cooling solution and apply the best integrated green practices.
Speaking on the occasion of winning the awards, Ahmad Bin Shafar, CEO, Empower, said: “The winning of these two global awards reinforces the company’s international recognitions by the global industry leaders for the pioneering and pivotal role that Empower plays in innovating the highest practices in this vital industry, both in terms of optimising energy consumption and cost or in protecting resources and the environment. It also honors our continuous efforts in spreading the culture of District Cooling systems, and appreciates our unremitting endeavors and constant quest to employ the techniques of the 4th revolution in production, control, distribution and customer service operations, in a way that enhances the District Cooling sector worldwide.”
Bin Shafar explained that the awards are the fruits of government policies that support the expansion of the District Cooling sector to put Dubai on the map of global cities in District Cooling. “Empower,” he said, “is proceeding towards achieving many advancements in District Cooling systems in pursuit of its mission to bring an added value at national and global levels.”
Bin Shafar CEO indicated that the company would keep developing its District Cooling systems to a level that surpasses international standards, in order to provide high-quality services in response to the large and increasing demand for District Cooling for a variety of projects in different fields, in line with the strategic direction of the Emirate of Dubai. “The IDEA 2022 and the agenda it tackled, including the trends of the reality and future of the energy industry and its technologies, contribute to strengthening international efforts to shape a more flexible and effective humane future that is also less exposed to carbon emissions,” he said.
Empower said that last week, Bin Shafar was appointed as a member to the Board of Directors of IDEA for the fourth time in a row, making him the first Emirati Arab to hold such a prestigious position in US-based IDEA, which is an international non-profit organization, for over a decade.
Wilo reports achieving record sales
DORTMUND, Germany, 21 April 2022: The Wilo Group reported that it ended the fiscal year 2021 with record sales of nearly EUR 1.7 billion euros. Despite persistently difficult conditions, the Group said, it increased its sales revenue by 13.8%.
Earnings before taxes (EBITDA) also reached an all-time high of EUR 181.1 million, the company said. This represents an increase of more than 30%m, it added. “The pleasing results speak a clear language: The Wilo Group is ideally positioned to achieve sustainable, profitable growth, even in difficult times and under unfavourable economic conditions,” said Oliver Hermes, President and CEO, Wilo Group.
Wilo said the unforeseeable situation in the middle of Europe and the Coronavirus pandemic, which has been ongoing for over two years, also intensified the global decoupling tendencies in the past financial year.
Multinational alliances are being called into question, economic cooperation structures are being dissolved, supply chains are being subject to sanctions and embargoes are being imposed, it said. “More and more, German and European companies are getting caught between the fronts of geopolitical disputes,” Hermes pointed out.
Wilo said it specifically has been encountering these developments for years and, to this end, further expanded its global presence in the past financial year. Among other things, Wilo said, it invested more than EUR 170 million in the construction and expansion of sales and production locations in the modernisation and expansion of production facilities, acquisitions and takeovers.
Wilo said that in line with the “region-for-region” approach, it strengthened the American market, among others. North America, in particular, has become one of the most important sales markets in recent years, it said, adding that the acquisition of QuantumFlo, Inc., a specialist in booster sets and intelligent pump systems, completed in fiscal 2021, consolidated its market position. In addition, new state-of-the-art production and administration buildings were, and are being, built in the United States, China and India, it said.
Today, Wilo said, it has a presence around the globe, through its global network of more than 80 production and sales companies. Hermes said this is another reason for the robust success in the past financial year.
In 2021, Wilo said, it also received awards for its commitment to combating climate change. Among them are the German Sustainability Award 2021, the Ecovadis Sustainability Rating in Gold, and the title of “Climate Pioneer” (Handelsblatt), which it said, are proof of its innovation leadership.
Wilo said it is regarded in the industry as one of the pioneers in climate protection and has set itself the goal of saving 50 million tons of CO2 by 2025, thus making a substantial contribution to reducing emissions. Hermes said: “Wilo is also leading the way as a pioneer in the hydrogen era: As part of the implementation of our dedicated hydrogen strategy, the “H2 Powerplant” will be open at the Wilopark in Dortmund. This will serve as a self-sufficient, decentralized, and regenerative solution for secure energy supply.”
Armstrong announces new features for its Pump Manager solution
TORONTO, Canada, September 15, 2021: Armstrong Fluid Technology has announced new features for calculating and tracking energy-savings that are now available with its Pump Manager asset management solution.
According to Armstrong, the new “Base Case KW” feature allows users to determine the cumulative energy savings of a Design Envelope pump since it was commissioned. The Utility Rate feature allows users to enter local utility rates for accurate calculations of the financial savings. The Local Currency feature supports the presentation of operating savings in the preferred local currency. And the use of CO2 index values supports the calculation of carbon emission reductions based on state or national figures for C02 index.
“Pump Manager subscribers can use this information to compare the performance of similar assets across a portfolio of connected Armstrong equipment, setting benchmarks for on-going performance tracking”, said Tunji Asiwaju, Global Performance Management Services Manager, Armstrong.
According to the company, the Pump Manager has been received multiple accolades since its introduction in 2019, including being named a Product of the Year by leading US and UK publications and a finalist in the 2020 AHR Expo Innovation Awards.
Johnson Controls releases 2021 Sustainability Report
CORK, Ireland, 10 April 2021: Johnson Controls on April 9 published its 2021 Sustainability Report, highlighting its new environmental, social and governance commitments and progress towards the company’s sustainability goals, the company said through a Press release.
George Oliver, Chairman and CEO, Johnson Controls, said: “At Johnson Controls, sustainability is our business. This year saw us continue to pioneer new and important paths to sustainability, including our issuance of a green bond in the U.S. capital markets – among the very first industrials to do so.
“We welcome and embrace the enhanced attention and urgency around tackling climate change and making gains across environmental, social and governance pillars. We are determined to strengthen and further build our culture of diversity and inclusion.
“Our bold new sustainability commitments demonstrate we are all-in to help drive healthy buildings, healthy people and a healthy planet for our employees, shareholders, customers and all of our stakeholders.”
According to Johnson Controls, highlights of the report include:
- New ambitious sustainability commitments that outline the company’s priority to make positive changes in lowering its company footprint, such as achieving net zero carbon emissions before 2040.
- Its first-ever Sustainability Report that includes and fully integrates its first-ever diversity and inclusion report, highlighting its D&I commitment, mission, vision, pillars and progress.
- Its goal to double its customers’ emission reductions through implementation of its OpenBlue digitally enabled solutions by 2030.
- Its intention to double the representation of women leaders globally and minority leaders in the United States over the next five years.
- Its green financing initiatives, including a green bond – one of the first industrial companies to issue a green bond in U.S. debt capital markets – and a senior revolving credit facility tied to specific sustainability metrics
- Executive compensation that is linked to sustainability and diversity performance goals
- The appointment of the company’s first Chief Sustainability Officer and the formation of a Governance and Sustainability board of directors’ committee
- Performance contracting projects that have helped its customers avoid more than 30.6 million metric tons CO2e and save USD 6.6 billion through energy and operational savings since January 2000.
- Greenhouse gas emissions intensity reduction of more than 70% since 2002.
- Our commitment to The Climate Pledge, co-founded by Amazon and Global Optimism, to reach net-zero