Australian Bank ESG Reporting
Industry
Banking
Services Provided
ESG Reporting
Challenges
Challenges in meeting growing internal and external sustainability reporting demands was the initial driver for this organisation to seek a solution.
Attention then turned to delivering emission reductions through energy savings in the branch network, which consisted of many small sites with no visibility on energy performance across the portfolio.
Solution
The organisation deployed IBM Envizi’s Utility Bill Analytics and Interval Metering Analytics solution. They were able to create a single system of record by consolidating 4,000 data streams across 2,000 sites, automating data capture from 400 suppliers, and monitoring over 950 interval meters. This enabled the organization to identify opportunities to reduce energy consumption.
They were also able to streamline sustainability reporting to meet internal and external requirements.
- Streamlined sustainability reporting processes
- Single system of record provides a portfolio-wide view
- $2.1m of energy waste identified across 250 branches
- All savings available to be realized through low -cost fine
- tuning measures (no CAPEX) in ordinary course of business