HSBC wins energy award

HONG KONG and Shanghai banking Corporation (HSBC) Brunei was recently awarded second runner-up in the ASEAN Best Practices for Energy Management Building Category, according to the bank in a press release.

The award ceremony was held in conjunction with the 27th Senior Officials Meeting on Energy (SOME)/ASEAN Ministers on Energy Meeting (AMEM) official dinner in Mandalay University Convocation Hall, Mandalay, Myanmar.

Present at the awarding ceremony was Pehin Orang Kaya Seri Dewa Major General (Retired) Dato Seri Pahlawan Haji Mohammad Haji Daud, Minister of Energy, who attended the ministerial meeting and Lim Boon Teck, Manager Corporate Sustainability, HSBC Brunei, who received the award on behalf of HSBC Brunei.

The ASEAN Energy Management Award is a region wide competition that recognised best energy management policy and practices by Companies in South East Asia. Conducted by ASEAN Centre for Energy (ACE), it is an intergovernmental organisation established by nation members of ASEAN. The Centre is envisioned to be a catalyst for the economic growth and development of the ASEAN region through collective activities on energy.

The ASEAN Energy Management Award is in its third years and this year is the first time that a company from Brunei has won the award.

HSBC energy management policy and practices is part of its overall corporate sustainability strategy which include reducing its carbon footprint.

The award is recognition for HSBC strong commitment to reduce its energy consumption which includes incorporating energy management as part of its top management oversight; the involvement of all staff member in energy management/reducing initiative; and its capacity building practices to ensure sustainability of energy management practices.

Through simple yet innovative and low cost energy management initiative, HSBC Brunei is expected to save $88,000 in energy bill and 279 tonnes of CO2.

The Brunei Times