New Delhi: ICICI Bank, one of the largest private sector lender, has put in places several initiatives to address global warming and climate change.
The new branches and offices are equipped with energy efficient air conditioners, LED lights, motion detector sensors and other energy conservation measures.
ICICI Bank has taken measures for energy conservation. About 200 ATMs have been converted into solar ATMs and 410 Grameen branches have been using solar power.
Third party power purchase agreements for 8 MW for solar power have been entered into for the offices at Bandra-Kurla Complex and Chandivali in Mumbai and the Hyderabad towers.
To reduce use of paper, the Bank stresses on internet banking, mobile banking, phone banking, insta-banking, ATMs, fully electronic branches and tab banking.
The Vadodara registered lender claims that it complies with environmental regulations in respect of its premises and operations.
It has also adopted corporate objectives for environment conservation activities in conformity with the ISO-14001 standard ‘International Organisation for Standardisation’ for environmental management systems.
The Bank has received awards and recognitions for its green initiatives and energy conservation efforts.