PRESS RELEASE
EMICOOL Honored with Platinum Award at Global ESG Awards for Notable Water Conservation Initiatives
October 24,2023

Emirates District Cooling Company (EMICOOL), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis, a leading global investor in sustainable infrastructure has been recognized with the prestigious Platinum Award at the Global Environmental, Social, and Governance (ESG) Awards. The accolade celebrates EMICOOL's outstanding contributions to water conservation and sustainable practices within the community.

Global ESG Awards, recognizes pioneers and celebrates companies at the forefront of fostering sustainable development and awards winners in categories aligned with the 17 UNSDGs.

The key highlight of the award included EMICOOL’s water efficiency project that has made a profound and lasting impact, reiterating the Company’s unwavering commitment to sustainable water management and conservation.

Commenting on winning the award, Dr Adib Moubadder, Chief Executive Officer for EMICOOL, said, “EMICOOL's Water Efficiency Projects has made significant strides in enhancing both the district cooling system and the well-being of the local community. Through the Company’s commitment to environmental sustainability and responsible resource management, EMICOOL has not only improved the efficiency of the District Cooling Pants but also positively impacted the community by reducing carbon footprint. This initiative has resulted in a remarkable improvement in water recycling by harnessing treated sewage effluent (TSE) and implementing innovative water management techniques, aligning perfectly with EMICOOL’s vision for a sustainable and water-efficient future.”

Beyond financial savings, EMICOOL's water conservation efforts contribute to environmental goals by reducing the demand for potable water and promoting water recycling and reuse, benefitting both EMICOOL and the wider community.

EMICOOL’s dedication to enhancing the cycle of concentration for potable and polished water showcases the Company’s commitment to conserving water resources while maintaining high-quality standards. EMICOOL's use of advanced, eco-friendly chemicals and efficient filtration systems further exemplifies the Company’s dedication to environmental stewardship.

The award reinforces EMICOOL’s commitment to responsible and sustainable practices, as it continues to innovate and create a positive impact on the environment and the communities it serves and highlights the Company’s commitment to pioneering initiatives that promote sustainable water management, conserve resources, and enhance the well-being of communities.