About Standard Chartered

Standard Chartered is one of the world’s leading Banks across Asia, Africa and the Middle East

Challenges

Standard Chartered Bank wanted to reduce energy consumption by 10- 15% across 700 leased properties across Hong Kong / Taiwan, India, Malaysia, Philippines, Singapore, Korea, Thailand, Vietnam and Brunei.

Goals:

• Optimize energy usage across portfolio
• Establish benchmarking within Standard Chartered Bank portfolio
• Reduce utility and maintenance expenditure
• Gain visibility of consumption in real-time
• Identify operational anomalies and curb waste

Solutions 

• Johnson Controls OpenBlue technologies integrated with 3rd-party systems to identify and resolve building inefficiencies and enhancing workspace efficiency through smart monitoring and preventative facility maintenance.
• Cloud-based visualization and analytics service enabling enterprise-wide insights
• Identifies issues, faults, and opportunities for improved performance and operational savings.
• Detects consumption anomalies in HVAC, lighting, PAUs, water circuit, helping solution customization for current pilot and future scope.

Results

• $608,681 energy savings (meter sites) FY22
• Delivered efficiency improvement of 13-15%
• Delivered energy reduction 10- 12% (YoY)
• Delivered increase waste diversion 10-20% (QoQ)
• Past six-months tangible benefits: $250,000 cost-avoidance opportunities reported
• Improved meter data reliability: foundational to “measure-and-manage” sustainability goals