Saturday, April 13, 2013

UCPB banking on energy conservation to support environmental initiatives


Business Mirror

Published on Saturday, 13 April 2013 15:45

WITH almost 50 years of providing top-notch financial services to its clients, United Coconut Planters Bank (UCPB) continues to exceed industry standards and ventures into another project focused on preserving and protecting the environment to create a better society.
Dubbed as the UCPB Corporate Office Power Conservation Project, the initiative is the bank’s way of supporting the call for a “greener environment” in the modern workplace.
To achieve step-by-step complete transformation of the UCPB headquarters to a greener institution, the UCPB project was divided into three phases. Phase 1 involves the conversion of light power source to light-emitting diodes, commonly known as LEDs; Phase 2 is the upgrading of the centralized air-conditioning unit into a water-cooled system; and Phase 3 is the implementation of the automated building management system.
The project not only helped minimize the carbon footprint at the bank’s headquarters, but also helped the bank save money from its total budget allocation for operations and maintenance.
The project helped the bank reduce its annual cost of electricity by more than 50 percent due to the conversion of the light power source to LEDs and the decrease in heat buildup in the building.
The bank also gained benefits from the air-conditioning upgrade, which was implemented in September 2012, with a noticeable drop on power consumption.
To date, UCPB has completed Phases 1 and 2, while Phase 3 is set to be implemented this year coinciding with the bank’s 50th anniversary.
As UCPB reaches its golden year, the bank remains committed not only to providing excellent banking services but also to helping secure the Earth’s future for the next 50 years.   source

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