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The Eurobank Energy Management System is certified to ISO 50001 and ISO 14064. We apply a management method that significantly reduces the energy we use and consequently the harmful greenhouse gas (GHG) emissions. For our consistent efforts towards saving energy we have received major awards.

International certification according to ISO 50001 and ISO 14064

Our Energy Management System is certified to ISO 50001 since 2015. The international certification extends to all our activities, as well as our branches and offices.

In 2023 we achieved:

  • 10.88% reduction in total energy consumption.
  • 9.42% reduction in total energy consumption per surface area.
  • 8.14% reduction in total energy consumption per employee.
  • 11.93% reduction in total GHG emissions.

At the same time, 98.04% (34,042 MWh) of the electricity consumed by Eurobank in 2023 was generated by renewable energy sources (RES), with a guarantee of origin certificate. In other words, we have improved our performance by 0.15% compared to 2022.

You can find these results in our Environmental Report and Annual Business and Sustainability Report.

Management method

To keep increasing the energy efficiency of Eurobank, we employ a very specific methodology, as we:

  1. Monitor the energy we use. We record and analyse these data.
  2. Identify our significant energy uses (SEU).
  3. Define and prioritise opportunities for improving our energy performance.
  4. Estimate the future energy uses and energy consumptions.
  5. Implement technical interventions and apply management solutions.

To improve our energy performance we use the Pay as You Save model, in partnership with an Energy Service Company (ESCO), as part of the Shared Savings Energy Performance Contract.

Technical interventions for energy savings

We plan and implement interventions contributing to the energy upgrade of our buildings and to enhanced energy savings by:

  • Expanding our planning for central heating control in more buildings.
  • Refurbishing our branches and equipment, including computers, lighting and HVAC systems.
  • Installation of rooftop PV stations on two of our buildings.
  • Initiation of licensing process for Standalone PV Parks.
  • Installing energy meters in all our buildings and branches.

As of 31 December of 2023, 19 buildings of the Bank are certified as “green” according to LEED/BREEAM standards. Certified properties have been included in the SBC Yearbook for Green Buildings.

This just further demonstrates in practice the exceptional work environment at Eurobank.