» Business

Taiwan's Chinatrust becomes world's first green bank

Publication Date : 17-04-2013


Taiwan's Chinatrust Commercial Bank leads the global banking industry in terms of green certifications by the International Organisation for Standardization (ISO), the company announced yesterday.

Certified by the ISO, Chinatrust has introduced the ISO 50001 energy management system, which lays out the requirements for establishing, implementing, maintaining and improving an energy management system. The standard is designed to enable an organisation to follow a systematic approach to achieving continual improvement in energy performance, including energy efficiency, use and consumption.

Developed by the ISO for energy management, the standard is applicable to both commercial and industrial facilities.

According to the bank, it plans to reduce energy consumption by 5 percent and CO2 emission by 51.47 tons.

Several heavyweight figures, including Taipei Mayor Hau Lung-bin, attended a press conference yesterday at which Chinatrust made the announcement.

Hau congratulated the bank on its achievement of becoming the first bank in the world in terms of ISO green certification. “Chinatrust is a good role model for the green campaign in the private sector, “ said Hau.

“As a leading brand in the finance industry, Chinatrust shares the government's vision for energy saving and CO2 emission reduction for a sustainable environment,” said Chinatrust Commercial Bank Vice Chairman Thomas KS Chen.

“Now the bank has become the world's first financial institution of ISO 50001 certification. We will continue to make our contribution to environment campaigns,” Chen added.

The bank said it will gradually introduce the ISO 50001 system in all of its 147 branches nationwide. In addition, it will also launch a series of environmental protection programs, including staff environment education and procurement of green products.


Mobile Apps Newsletters ANN on You Tube