Priya Jaiswal is a recognized authority in Banking, Business and Finance, with extensive expertise in market analysis, portfolio management and international business trends. Today, we will discuss the recent accomplishment of Access Bank, which has earned the IFC EDGE Green Building Certification for its headquarters, Access Tower, in Lagos.
Can you explain what the IFC EDGE Green Building Certification is? What does it mean for Access Bank to receive this certification?
The IFC EDGE Green Building Certification is a globally recognized standard for green buildings. It aims to make buildings more resource-efficient by reducing energy use, water consumption, and embodied carbon in materials. For Access Bank, receiving this certification signifies a commitment to sustainability and environmental responsibility. It’s a testament to the bank’s efforts to reduce its environmental footprint and lead by example in the construction of resource-efficient buildings.
Could you describe some of the specific sustainability measures implemented in Access Tower? How has Access Bank achieved a 20% reduction in energy use in Access Tower?
Access Tower incorporates several sustainability measures, such as an insulated roof, high-performance glass, a fresh air pre-conditioning system, and smart meters for energy. The bank has achieved a 20% reduction in energy use by implementing these upgrades, alongside energy-efficient lighting systems and optimizing the heating, ventilation, and air conditioning systems.
What steps were taken to reduce water usage by 33% in the building? How did Access Bank manage a 99% reduction in embodied carbon in building materials?
To reduce water usage by 33%, Access Tower installed flow regulators in all water closets, faucets, and showers. This conservation effort is complemented by water-efficient faucets in bathrooms and kitchens. The 99% reduction in embodied carbon was achieved through the use of low carbon materials and construction practices designed to minimize the environmental impact.
What did the process of obtaining EDGE certification for Access Tower involve? Can you elaborate on the role of the EEN team in achieving this certification?
Obtaining EDGE certification involved a rigorous assessment of Access Tower’s design and construction, including independent third-party audits. The EEN team played a crucial role in this process, coordinating the implementation of sustainability measures and ensuring compliance with the certification requirements. Their expertise and collaboration were instrumental in meeting the high standards of the EDGE program.
How important was the collaboration with international entities like the Japan Government, UK Government, and SECO in this achievement?
Collaboration with international entities such as the Japan Government, UK Government, and SECO was vital. Their support and funding helped facilitate the implementation of green building practices and the rigorous assessment required for the certification. Such partnerships are essential for promoting sustainability and achieving significant environmental goals.
What cost savings are expected from the reductions in energy, water, and embodied carbon? How will these sustainability measures affect your operational efficiency?
The reductions in energy, water, and embodied carbon are anticipated to result in considerable cost savings over time. These sustainability measures will enhance operational efficiency by lowering utility costs and optimizing resource usage. This aligns with the bank’s mission to operate in a more economically and environmentally sustainable manner.
Does Access Bank plan to implement similar sustainability measures in other buildings? How does this certification align with Access Bank’s broader environmental and sustainability goals?
Yes, Access Bank plans to implement similar sustainability measures in other buildings where feasible. This certification is a key component of the bank’s broader commitment to environmental and sustainability goals. It reflects their dedication to mainstreaming sustainable practices throughout their operations and setting a new standard for responsible growth.
What message do you hope to send to other banks and companies in Nigeria and Africa with this certification? How do you see the future of green building practices evolving in Nigeria and across Africa?
Access Bank hopes to inspire other banks and companies in Nigeria and Africa to embrace sustainability and environmental responsibility. This certification demonstrates that green building practices are not only achievable but also beneficial for business performance. We anticipate that green building practices will continue to gain traction across the region as awareness and support for environmental initiatives grow.
How does Access Bank’s commitment to sustainability fit into your overall corporate philosophy and mission? Can you discuss any other sustainability initiatives Access Bank is currently involved in?
Sustainability is a core aspect of Access Bank’s corporate philosophy and mission. Our commitment to environmental responsibility is integrated into our business strategy. Beyond green building certifications, Access Bank is involved in various sustainability initiatives, including supporting SMEs with environmental projects and participating in global efforts to reduce carbon emissions.
How has Access Bank benefited from collaborating with IFC? Could you explain more about the global impact of the IFC EDGE program?
Collaboration with IFC has provided Access Bank with invaluable resources and expertise to achieve EDGE certification. The global impact of the IFC EDGE program is significant; it has helped developers worldwide build more resource-efficient buildings, fostering a culture of sustainability in the construction industry. EDGE-certified buildings are an important step towards reducing global carbon emissions.
Do you have any advice for our readers?
My advice for readers is to embrace sustainability in their personal and professional lives. Whether through small daily actions or larger projects, every effort towards environmental responsibility counts. Educate yourself on sustainable practices and consider how you can contribute to a greener future.
