[stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width="100%" palette="financial-light"]

  • Loading stock data...

November 14, 2024

M42 & Siemens to advance energy efficiency in UAE health industry

M42, a global tech-enabled health company headquartered in Abu Dhabi, has joined forces with Siemens to boost energy efficiency across the UAE healthcare sector through a partnership that will audit its health facilities for energy efficiency and explore digitalization of the infrastructure.

The project’s initial phase involves a comprehensive energy efficiency audit of the healthcare facilities operated by M42 across the UAE. These audits are designed to identify opportunities for substantial energy savings and examine means for carbon emission reductions.

Siemens and M42 have further committed to discussing and developing a roadmap that will lead to the digitalization of M42’s infrastructure. This digital transformation aims to enhance operational efficiency and improve the comfort of patients, healthcare professionals, and staff at M42’s facilities.

The partnership will leverage the Siemens Xcelerator platform, setting a new industry standard for healthcare sustainability. By integrating innovative technologies, M42 and Siemens are determined to make a positive environmental and societal impact.

Mr. Mark McGourty, Group Chief Operating Officer of M42, said that, “M42 is at the forefront of tech-enabled healthcare; we’re leveraging cutting-edge tools like AI and genomics to treat people, not just patients, and focus on health, not just healthcare. Harnessing technology is only part of our strategy. We’re also committed to decarbonizing our facilities to ensure we can sustainably continue to provide world-class care to those in need. Our collaboration with Siemens demonstrates our dedication to achieving net zero emissions by 2050.”

“The healthcare sector’s carbon footprint is immense; if it were a country, it would rank as the fifth-largest emitter of greenhouse gases. This partnership marks just the beginning. I call upon other healthcare facilities to join us in this critical endeavor of decarbonizing their operations, paving the way towards a more sustainable future for the industry and the planet,” Mr. McGourty added.

Mr. Helmut von Struve, the Chief Executive Officer of Siemens in the Middle East and the UAE stated that, “We are proud to partner with M42 and are confident that we can develop a roadmap that will improve asset performance and enhance the comfort of patients and healthcare workers in their facilities. This partnership isn’t just about energy savings; it’s about setting a new standard in the healthcare industry for sustainability and operational excellence.”