How 'smart office' tech saved money for Standard Chartered Bank in Hong Kong and Singapore
60 per cent energy savings achieved thanks to network of sensors at one bank property in Hong Kong
Buildings use about 40 per cent of the world's energy, 22 per cent of its water, 40 per cent of resources and they emit about a third of all greenhouse gas, according to the UN Environment Programme.
Yet existing buildings can be made to operate more efficiently using much less energy, the agency says.
In 2013 and 2014, Standard Chartered Bank fitted its offices in Singapore and Hong Kong with smart technology that the bank says has achieved energy savings of 60 per cent.
The technology - Redwood Building Intelligence Platform, a proprietary product from US-based CommScope - was initially deployed for lighting control. But Denis McGowan of Standard Chartered says the resultant energy savings led to a full roll-out of the technology's capabilities.
"Since the system has been operational, we know that The Forum [the bank's Hong Kong headquarters in Central] now uses about 60 per cent less energy with 6 per cent fewer lighting fixtures."
Matías Peluffo, vice-president of intelligent buildings in Asia for CommScope, says the system employs a high-density network of sensors that provide real-time reporting by light fixture, group, floor and building.