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ICICI Bank Reduces Energy Consumption by Nearly 20% in 3 Years | |||
India
On the occasion of World Environment Day, Ms. Chanda Kochhar, MD & CEO, ICICI Bank said, “We at ICICI Bank have always given utmost importance to environmental preservation in all our initiatives. Over the last few years, the Bank has focused largely on reducing its carbon footprint and bringing in more efficient technologies and processes. In line with this thought, we have taken several measures to ensure that the Bank actively contributes towards environmental sustainability. I’m happy to share that our efforts have borne results.
The Bank has saved 34.2 million units in terms of energy consumption over the last 3 years. This is equivalent to the amount of energy that can power 42,000 rural households for an entire year. ICICI Bank has utilized 20 million units of solar energy which means that nearly 10% of the Bank’s energy consumption today relies on the renewable solar energy. The overall energy savings & utilization of renewable energy has enabled the Bank to reduce carbon emission by nearly 40,000 tonnes. This is equivalent to planting over 1,90,000 trees to offset the volume of carbon emissions.
All of this has been possible due to our constant efforts at leveraging technology in all our offerings that has enabled customers to adopt more of digital modes of banking. The encouraging response from customers has helped us build on our strengths to create a more self-sufficient ecosystem. Thus, we will continue to utilize renewable energy sources to cater to our energy requirements in the coming years as well.”
Key Highlights
Key initiatives which have led to the reduction in the overall energy consumption
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