JAKARTA, Indonesia, March 25, 2024 /PRNewswire/ -- OCBC Space building owned by PT Bank OCBC NISP Tbk (OCBC) in BSD Tangerang has received the Green Building EDGE Advanced certification from the International Finance Corporation (IFC) and Green Building Council (GBC) Indonesia. The certificate was handed over on 6 February 2024, following the previously obtained EDGE Certified predicate for the Preliminary stage on 25 July 2022. By implementing green building principles, OCBC Space building has reduced carbon emissions from its operations by 1,600 tons (tCO?2), equivalent to planting 24,000 trees.

"For us, sustainability is not only a nice-to-have. OCBC believes that implementing ESG (Environmental, Social, and Governance) practices will have a positive impact on the future. The bank is committed to achieving net zero carbon and has been incorporating ESG into our operations. The Green Building EDGE Level 2 or Advanced certification is a significant achievement for OCBC, demonstrating our efforts to contribute in saving energy and minimizing carbon prints," said Filipus H. Suwarno, Head of Operations & Information Technology, OCBC.

The OCBC Space building utilizes artificial lighting that integrates daylight and occupancy sensors in the building management system, solar panel installations, and high-performance glass. It is estimated to save up to 45% of energy. The building also implements a water recycling system that utilizes wastewater for toilet flushing and plant irrigation, as well as self-processed drinking water, resulting in an expected water savings of 82%. Additionally, energy-efficient building materials contribute to a 22% reduction in energy consumption.

"Nearly 40% of annual global greenhouse gas emissions originate from building and construction, therefore prioritizing resource efficiency within the built environment is critical to addressing climate change. It is one of IFC's primary climate priorities in Indonesia," said Euan Marshall, IFC Country Manager for Indonesia and Timor-Leste. "We are proud to have been a long-term partner of OCBC in supporting its continued sustainable initiatives. An EDGE Advanced certification means OCBC will be able to significantly reduce its carbon footprint and contribute to Indonesia's greenhouse gas emissions reduction targets."

OCBC also encourages its employees to actively participate in emission reduction efforts through the EVA RAMLI (environment advocate, ramah lingkungan/eco-friendly) movement, which promotes zero waste management in daily operations, such as segregated waste disposal, waste management, and recycling of plastic and paper waste.