The bank has also received 11 ‘Green Office’ certificates for operating environment-friendly branches in Cyprus where energy saving plans have resulted in the electricity bills reduced by 30-50%. Subsequently, this meant a Group cost-saving of 15-20%. The introduction of paper recycling for non-essential documents, collection of household batteries, cutting down on water waste, better use lighting and heating has also resulted in real savings of just under 1 mln euros last year, the bank’s CEO Makis Keravnos said.

The award and certificates were presented by the government’s Commissioner for the Environment, Ioanna Panayiotou and the local representative for the Foundation for Environmental Education, Dr Michael Iereides. FEE already cooperates with Hellenic Bank with other education and eco awareness programmes in cooperation with the environment agency Cymepa.

Source: Financial Mirror