Carbon Management – Bank of China

Challenge:
The Bank of China faced the complex challenge of tracking and managing energy consumption and carbon emissions across multiple sites. They needed a system that could provide detailed analytics for both electricity and gas usage, along with breakdowns of Scope 1 and Scope 2 carbon emissions. Scope 1 emissions are direct emissions from owned or controlled sources, while Scope 2 emissions are indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.

Solution:
Q Energy provided the Bank of China with an advanced Energy and Carbon Management System tailored to their specific needs. This system was designed to:

• Integrate seamlessly with the existing infrastructure across all 8 sites.
• Provide real-time analytics and monitoring for 8 electric meters and 1 gas meter, totalling an annual usage of over 3GWh.
• Enable detailed tracking and reporting of Scope 1 and Scope 2 emissions, facilitating proactive management and reduction strategies.

Results:
The implementation of the Energy and Carbon Management System allowed the Bank of China to:

• Gain comprehensive visibility into energy consumption patterns and carbon emissions across all sites.
• Identify opportunities for energy efficiency improvements and emission reductions.
• Enhance compliance with environmental regulations and support the bank’s sustainability goals.

Impact:
The system provided the Bank of China with the tools necessary to manage their energy and carbon footprint effectively. By understanding and controlling their energy usage and emissions, the bank can make informed decisions that contribute to their sustainability targets and reduce environmental impact.