MANAMA: HSBC Bahrain has invested $100,000 in a renewable energy initiative that will save 125,000 Kw per year of the bank’s energy consumption.

Unveiled yesterday, the project has turned 30 unshaded car park spaces at the head office into an energy bank and will also provide improved parking facilities for customers.

“With this project, HSBC Bahrain will be the first bank in the kingdom to utilise solar energy on this scale,” said HSBC Bahrain chief executive Melika Betley.

“This investment in solar power underlines our commitment to adapt to greener energy over time and make a concrete contribution towards the reduction of our carbon footprint. In the year that HSBC is celebrating its 75 years of history in Bahrain, it is great to also play a part in creating a more sustainable future aligned to the kingdom’s renewable strategy,” she added.

Additional sustainable projects include LED lighting fixtures with intelligent lighting systems, contributing up to 48 per cent savings on light energy as well as providing clean comfortable zero carbon emission lighting.

Recyclable roller blinds, which prevents 75pc of heat radiation, and heat isolation glass film, which contributes to the cooling system efficiency and lower electricity consumption, were installed.

The new exterior of the HSBC main office will have environmentally-friendly LED exterior lights.

HSBC Group said it is committed to tackling climate change and support sustainable growth – including the sourcing of 100pc of all its electricity from renewable sources by 2030.

avinash@gdn.com.bh

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