Systemair Chosen for Major Sustainable Retrofit Project in London
In a significant move towards sustainability, Systemair (NASDAQ OMX Stockholm: SYSR) has been awarded the contract to supply ventilation solutions for a transformative retrofit project at One Exchange Square, located in the bustling City of London. This project aims to fundamentally change a post-modern office building into a forward-thinking, eco-friendly workspace.
One Exchange Square is undergoing a comprehensive redevelopment tailored for the retail and hospitality sectors. The initiative places its primary focus on energy efficiency by seamlessly integrating advanced green technologies and eco-friendly materials. As a result of these improvements, the revamped building is positioned to utilize 50% less carbon than an average office building of its size, surpassing the environmental targets outlined by the Greater London Authority.
A notable highlight of this redevelopment is its complete reliance on electric power, aspiring to achieve net zero carbon emissions. By implementing smart design principles and adaptive management systems, operational energy consumption is expected to be significantly curtailed, setting a new standard for sustainability in urban architecture.
Systemair UK has been entrusted with the delivery of multiple products emphasizing demand-controlled ventilation. The estimated value of the contract is around 18 million SEK, demonstrating Systemair's commitment to enhancing indoor air quality and energy efficiency.
The project encompasses approximately 60,700 square meters and is strategically located in a vibrant area of London, poised to attract a wide variety of businesses and cultivate a dynamic work ecosystem. The design prioritizes natural light and open spaces, which are crucial for promoting employee well-being and collaboration.
As a company, Systemair has a strong presence in 51 countries globally, signifying its expansive market reach. With a revenue of 12.3 billion SEK reported in the 2023-2024 financial year and approximately 6,700 employees, Systemair continues to lead in providing energy-efficient solutions that not only enhance indoor climates but also contribute to reduced carbon emissions.
Since its establishment in 1974, Systemair has reported positive operating profit every year, reflecting a robust growth rate of approximately 9 percent over the past decade. This latest project at One Exchange Square underscores Systemair's commitment to sustainable development, ensuring future generations can thrive in healthier environments.
The redevelopment initiative is not just about physical transformation; it signifies a broader commitment to urban revitalization and sustainability. By focusing on efficient energy use and creating healthier, more attractive workplaces, Systemair is playing a pivotal role in shaping the future of urban spaces in London and beyond. This reflects a growing trend in the construction and refurbishment industry, where sustainable practices are becoming increasingly prioritized in response to both heightened environmental awareness and regulatory demands.
For inquiries, interested parties can reach out to Roland Kasper, CEO at +46 73 094 40 13, or Anders Ulff, CFO at +46 70 577 40 09. Systemair remains focused on delivering innovative solutions that enhance air quality and promote energy efficiency, paving the way for greener future developments in urban environments.