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Green Initatives Essay

1166 words - 5 pages

Green life project initiative taken by various banks are as follows-
SBI launches green policy for paperless banking
The State Bank of India (SBI) on Friday launched its "Green Banking Policy" in the Bengal circle. Aiming at paperless banking, the SBI has selected four of its branch in Kolkata and Howrah to introduce point-of-sales (POS) terminals. It will also run 50 ATMs out of 850 ATMs in Bengal by solar energy by March 31, 2011.
Addressing a press conference, Suriender Kumar, chief general manager, Bengal circle, SBI, said, "We want to contribute in cleaning our environment. The plan to introduce POS terminal is to ensure paperless banking. Customers can deposit as well as withdraw ...view middle of the document...

Another significant initiative was the introduction of green rating of buildings through setting up of CII's Green Business Centre (GBC). The GBC now has 350 million square feet of floor space registered for green ratingthat will save energy, water and emissions. TFG has also partnered with the Indian Army to assist 25 resource conservation andbiodiversity protection projects in different geographies of the country. Through Go Green', ICICI Bank has significantly reduced consumption of  energy and paper by encouraging paperless transactions and communication, using CFL lighting and regulating ACtemperatures across all our offices and branches .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. Chlorophyll' is ICICI Bank's monthly internal  newsletter  launched in September 2009 covering perspectives of senior management, initiatives within the ICICI Group, updates on global environmental developments and tips to help employees contribute towards environmentalconservation.ICICI Bank haspledged its support to the World Wildlife Federation-led Earth Hour byswitching of all lights in its premises, branches and ATMs for one hour.

HDFC Bank to launch -- green banking in India

India's second largest private sector lender, HDFC Bank, is all set to launch 'green banking', for which it has constituted an Environment Management Committee to implement its green banking initiatives. The bank has rolled out gamut of initiatives on the environment front that promise to make it India's only ''green'' bank. A high level three-member committee has been formed to drive the organisation-wide campaign that will encompasses both organisation and employee level initiatives, the bank spokesperson told UNI. 

Headed by the bank's Executive Director Paresh Sukthankar, the high power committee will have HR Head Mandeep Maitra and Finance Head Sashi Jagdishan respectively, of the bank and will be responsible for planning and implementation of environment-friendly initiatives across the country through bank's branches, the spokesperson said. Consultants will be appointed to help identify areas of work, work out a concrete plan and diligently implement it across the organisation. ''The consultant will carry out foot print study and identify areas for us where changes can be brought about,'' the bank said. While the organisation level initiatives would include working on areas like alternate energy sources and watershed management, at the employees level, these would include planting trees, and using car pool to commute. Green Clubs will be formed within the bank...

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