Description
This is a presentation about Adoption of Clean Technology by Indian Banks.
Adoption of Clean Technology by Indian Banks
Banking on the Low Carbon Indian Economy
• National Action Plan on Climate Change (NAPCC) aims to enable the country adapt to climate change and enhances the ecological sustainability of India’s development path.
• The World Bank estimates : cost of mitigation in developing countries ranges from US$140 billion to US$175 billion (annually ) until 2030.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
India ’s National Action Plan on climate change proposes eight national missions : • Solar • Enhanced Energy Efficiency • Sustainable Habitat • Water • Sustaining the Himalayan Ecosystem • Green India • Sustainable Agriculture • Strategic Knowledge for Climate Change
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
• IndusInd Bank : launches solar-powered ATMs • State Bank of India : Green Banking Policy • HSBC Global Research, Climate Change : investigates the likely risks and opportunities of climate change for the financial markets and HSBC‘s business units. • SBI Green Home Loans : giving incentives to customers who choose green projects, i.e. those projects which reduce carbon emissions and promote renewable energy.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
MANAGING CARBON EMISSIONS : Survey Results • The majority of the participating banks have already initiated measures to calculate energy consumption and carbon footprints. External energy audits have enabled banks to make cost savings due to reduction in the consumption of energy.
•
•
All of the banks indicated that the issue of climate change and sustainability was important to the organization.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
INTERNAL COMMUNICATIONS AND EMPLOYEE ENGAGEMENT • Five of the eight banks have initiated employee engagement programs that tackle climate change. • Banks indicate that integrating sustainable development into the organization’s policies and management approach • Employee engagement initiatives :
? ? ? Information on climate change provided on an internal intranet site; Creating performance objectives for the organization and individuals; Designating certain employees as ‘Climate Champions’.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
ENABLERS FOR CLIMATE CHANGE ACTIVITIES : Survey Results The top internal factors which drive climate change activity within an organization were: • economic benefits and profitability, • board influence and • marketing benefits (i.e. enhancement of brand and reputation).
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Initiatives by Axis Bank
• Axis Bank Foundation – estd. 2006 registered as a public trust • Go Green Initiative – using IT • Donation of 1% of net profit to Axis Bank Foundation • This is the maximum permissible by RBI
Initiatives by Axis Bank
‘Using IT to Go Green’ • Disposing IT assets in an eco-friendly way • Recycling wherever possible • Going for virtualization - sending password-protected e-statements to registered customers to reduce the use of paper • Small footprint equipment like blade servers • Investing in less power-consuming equipment • Moving to LCD monitors from traditional CRT monitors etc
Axis Bank Foundation
ROLE 1. Financial Inclusion – ‘Axis Bank targets 12,000 villages for financial inclusion’ ET 2nd July 2010 2. Literacy campaigns to impart financial awareness 3. Healthcare, vocational training 4. Community development programmes like afforestation and rain-water harvesting
Initiatives by ICICI Bank
• ICICI Bank Foundation’s activities are in
– Primary health – Elementary education – Access to finance – Civil society
– Environmental sustainability
• Clean technology initiatives • Go green
ICICI Bank
Clean technology initiatives • Efforts to attract and channel private financing into cleaner technologies
…move towards recognizing the Equator principles…?
• To create public-private partnerships to mitigate greenhouse gas emissions through energy efficiency
ICICI Bank
Go Green Initiatives
• Reducing energy and paper consumption - encouraging paperless transactions and communication • Green products and services - ICICI Bank offers discounts in processing fees for customers opting for energy-efficient vehicles. Processing fees are reduced for those who purchase homes in ‘Leadership in Energy and Environmental Design’ certified buildings • Engaging in educating employees and customers ‘Chlorophyll’ is ICICI Bank’s monthly internal newsletter launched in September 2009 - updates on global environmental developments and tips to help employees contribute towards environmental conservation • Using CFL lighting and regulating AC temperatures across all offices and branches
HSBC
Environment – Direct Impact Reduction
• Non–polluting Green Diesel generator sets with a sound proof acoustic enclosure installed • Capacitor banks in few premises which is helping bank to reduce energy consumption and protect the equipment life • Initiated rain water harvesting in office premises in Kolkata • Vermiculture garden for kitchen waste established at HSBC Mumbai office in India • Bio Gas Fuel plant and bio diesel for generators successfully installed at HSBC Group Company at Pune in India
HSBC contd
Ecosystem Conservation
• Conservation of Olive Ridley Turtles in the coastal areas of Orissa • Conservation of the endangered Dugong (Sea cow) in the Andaman and Nicobar Islands in partnership with Reef Watch • Founding partner for Mangrove Wetland Centre, Mumbai in partnership with the Conservation Action Trust
HSBC contd
Climate Change
• Launch of Earth Sciences Forum in partnership with Ministry of Science and Technology and Ministry of Earth Sciences, Government of India to find solutions to climate change
– setup a climate change leadership council, – conduct climate change awareness workshops for industries, – climate change outreach and communication to sensitize public and youth
• Launch of the HSBC Climate Partnership in collaboration with WWF, The Climate Group, Earthwatch Institute and Smithsonian Tropical Research Institute. – saving the dolphins of the Ganges • HSBC Global Environment Efficiency Programme, a five–year programme aimed to reduce the Group's impact on the environment through a series of initiatives, including the introduction of renewable energy technology, water and waste reduction programmes and employee engagement.
The Way Ahead
• Adoption of Equator Principles by all Indian Banks • In 2003, HSBC adopted the Equator Principles, a set of voluntary guidelines that help financial institutions assess and monitor the environmental and social impacts of large projects. HSBC voluntarily extends the principles to export finance loans and other facilities where the use of proceeds is known to be directly related to a projects • “EPFIs will not provide loans to projects where the borrower will not or is unable to comply with our respective social and environmental policies and procedures that implement the Equator Principles”
doc_549960869.pptx
This is a presentation about Adoption of Clean Technology by Indian Banks.
Adoption of Clean Technology by Indian Banks
Banking on the Low Carbon Indian Economy
• National Action Plan on Climate Change (NAPCC) aims to enable the country adapt to climate change and enhances the ecological sustainability of India’s development path.
• The World Bank estimates : cost of mitigation in developing countries ranges from US$140 billion to US$175 billion (annually ) until 2030.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
India ’s National Action Plan on climate change proposes eight national missions : • Solar • Enhanced Energy Efficiency • Sustainable Habitat • Water • Sustaining the Himalayan Ecosystem • Green India • Sustainable Agriculture • Strategic Knowledge for Climate Change
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
• IndusInd Bank : launches solar-powered ATMs • State Bank of India : Green Banking Policy • HSBC Global Research, Climate Change : investigates the likely risks and opportunities of climate change for the financial markets and HSBC‘s business units. • SBI Green Home Loans : giving incentives to customers who choose green projects, i.e. those projects which reduce carbon emissions and promote renewable energy.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
MANAGING CARBON EMISSIONS : Survey Results • The majority of the participating banks have already initiated measures to calculate energy consumption and carbon footprints. External energy audits have enabled banks to make cost savings due to reduction in the consumption of energy.
•
•
All of the banks indicated that the issue of climate change and sustainability was important to the organization.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
INTERNAL COMMUNICATIONS AND EMPLOYEE ENGAGEMENT • Five of the eight banks have initiated employee engagement programs that tackle climate change. • Banks indicate that integrating sustainable development into the organization’s policies and management approach • Employee engagement initiatives :
? ? ? Information on climate change provided on an internal intranet site; Creating performance objectives for the organization and individuals; Designating certain employees as ‘Climate Champions’.
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Banking on the Low Carbon Indian Economy
ENABLERS FOR CLIMATE CHANGE ACTIVITIES : Survey Results The top internal factors which drive climate change activity within an organization were: • economic benefits and profitability, • board influence and • marketing benefits (i.e. enhancement of brand and reputation).
Source: CLIMATE CHANGE AND FINANCE IN INDIA : BANKING ON THE LOW CARBON INDIAN ECONOMY MAY 2010, A study by The Climate Group, Indian Banks’ Association and PRICEWATERHOUSECOOPERS
Initiatives by Axis Bank
• Axis Bank Foundation – estd. 2006 registered as a public trust • Go Green Initiative – using IT • Donation of 1% of net profit to Axis Bank Foundation • This is the maximum permissible by RBI
Initiatives by Axis Bank
‘Using IT to Go Green’ • Disposing IT assets in an eco-friendly way • Recycling wherever possible • Going for virtualization - sending password-protected e-statements to registered customers to reduce the use of paper • Small footprint equipment like blade servers • Investing in less power-consuming equipment • Moving to LCD monitors from traditional CRT monitors etc
Axis Bank Foundation
ROLE 1. Financial Inclusion – ‘Axis Bank targets 12,000 villages for financial inclusion’ ET 2nd July 2010 2. Literacy campaigns to impart financial awareness 3. Healthcare, vocational training 4. Community development programmes like afforestation and rain-water harvesting
Initiatives by ICICI Bank
• ICICI Bank Foundation’s activities are in
– Primary health – Elementary education – Access to finance – Civil society
– Environmental sustainability
• Clean technology initiatives • Go green
ICICI Bank
Clean technology initiatives • Efforts to attract and channel private financing into cleaner technologies
…move towards recognizing the Equator principles…?
• To create public-private partnerships to mitigate greenhouse gas emissions through energy efficiency
ICICI Bank
Go Green Initiatives
• Reducing energy and paper consumption - encouraging paperless transactions and communication • Green products and services - ICICI Bank offers discounts in processing fees for customers opting for energy-efficient vehicles. Processing fees are reduced for those who purchase homes in ‘Leadership in Energy and Environmental Design’ certified buildings • Engaging in educating employees and customers ‘Chlorophyll’ is ICICI Bank’s monthly internal newsletter launched in September 2009 - updates on global environmental developments and tips to help employees contribute towards environmental conservation • Using CFL lighting and regulating AC temperatures across all offices and branches
HSBC
Environment – Direct Impact Reduction
• Non–polluting Green Diesel generator sets with a sound proof acoustic enclosure installed • Capacitor banks in few premises which is helping bank to reduce energy consumption and protect the equipment life • Initiated rain water harvesting in office premises in Kolkata • Vermiculture garden for kitchen waste established at HSBC Mumbai office in India • Bio Gas Fuel plant and bio diesel for generators successfully installed at HSBC Group Company at Pune in India
HSBC contd
Ecosystem Conservation
• Conservation of Olive Ridley Turtles in the coastal areas of Orissa • Conservation of the endangered Dugong (Sea cow) in the Andaman and Nicobar Islands in partnership with Reef Watch • Founding partner for Mangrove Wetland Centre, Mumbai in partnership with the Conservation Action Trust
HSBC contd
Climate Change
• Launch of Earth Sciences Forum in partnership with Ministry of Science and Technology and Ministry of Earth Sciences, Government of India to find solutions to climate change
– setup a climate change leadership council, – conduct climate change awareness workshops for industries, – climate change outreach and communication to sensitize public and youth
• Launch of the HSBC Climate Partnership in collaboration with WWF, The Climate Group, Earthwatch Institute and Smithsonian Tropical Research Institute. – saving the dolphins of the Ganges • HSBC Global Environment Efficiency Programme, a five–year programme aimed to reduce the Group's impact on the environment through a series of initiatives, including the introduction of renewable energy technology, water and waste reduction programmes and employee engagement.
The Way Ahead
• Adoption of Equator Principles by all Indian Banks • In 2003, HSBC adopted the Equator Principles, a set of voluntary guidelines that help financial institutions assess and monitor the environmental and social impacts of large projects. HSBC voluntarily extends the principles to export finance loans and other facilities where the use of proceeds is known to be directly related to a projects • “EPFIs will not provide loans to projects where the borrower will not or is unable to comply with our respective social and environmental policies and procedures that implement the Equator Principles”
doc_549960869.pptx