Standard Chartered Bank Achieves Energy Savings Across Asia Pacific

Standard Chartered Bank wanted to reduce energy consumption by 10–15% across 700 leased properties spanning Hong Kong, Taiwan, India, Malaysia, Philippines, Singapore, Korea, Thailand, Vietnam, and Brunei. Managing such a large and geographically diverse portfolio presented significant complexity. The bank needed accurate, real-time visibility into energy usage to identify inefficiencies, curb waste, and lower operational costs while meeting sustainability objectives.

Standard Chartered Bank implemented OpenBlue Net Zero Plus, a cloud-based visualization and analytics platform that delivers enterprise-wide insights. The solution was integrated with third-party systems to identify and resolve building inefficiencies while enhancing workspace efficiency through smart monitoring and preventative facility maintenance. Using real-time data, the platform enabled proactive identification of issues, faults, and opportunities for improved performance and operational savings across 789 buildings and 1,760 connected assets.

Standard Chartered Bank’s commitment to sustainability translated into tangible benefits once real-time insights were put into action. By leveraging OpenBlue Net Zero Plus, the bank gained visibility across its vast portfolio and unlocked opportunities for efficiency and cost savings.

• Over $600K in energy savings in the first year
• 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