Articles tagged with: Carbon Neutral Bank

Sony Bank: Japan’s First Carbon Neutral Bank
Posted in Environment, Global warming, Technology on 30 August 2008

Global warming is probably the single-most famous term that does round in the eco-world and even outside it. Thanks to the efforts of high profile men like Al Gore, you have the whole world sitting up and taking notice. One of the most important ways of solving this impending catastrophe is by reducing and if possible eliminating Carbon emissions. While it is easier said than done, it seems that many architects and firms across the planet are putting in some serious efforts in that direction.

Sony Bank has become Japan’s first carbon-neutral bank, thanks to its purchase of renewable-energy credits. Issued by the Japan Natural Energy Company, the Green Power Certificate equals 1.1 million kilowatt hours. That power is sufficient for the bank to run Carbon-Neutral for a year. The initiative saves the equivalent of 400 tons of greenhouse-gas emissions.

In addition, for clients who own funds that exceed a certain amount, Sony Bank will use part of their service charges to purchase emissions credits, which it will then donate to the Japanese government. While Sony Bank becomes the first Carbon Neutral Bank in Japan, there are many emission-free homes and communities taking shape across the planet which will hopefully lead us towards a future that is safe for us and for the coming generations.

Via Treehugger