Energy management & GHG accounting for the financial sector and banks
Software systems that help you focus on saving costs through energy and utilities management and reducing GHG emissions.
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Trusted globally by organisations focused on sustainability
Over €2 billion managed to date and counting...
How is energy used in financial services?
A first step toward improved sustainability is being more efficient in your energy use. Knowing exactly where energy is going can help you to quickly identify opportunities.
Colour contrast assist:
How the financial sector uses energy has been changing significantly in recent years. For any bank or financial services organisation, usage varies depending on size, location, services provided and the types of energy efficiency measures that have been put in place.
The big change that we are now seeing is a move away from bricks & mortar outlets to prioritise electronic and online banking. Correspondingly, the levels of consumption will likely continue to shift from servicing branches to running data centres and digital services.
Net-zero & Science Based Targets - where we may be headed...
Helping banks and financial institutions with their net-zero ambitions is hugely important to our team at EnergyElephant, which is why we keep an eye on the global emissions scenarios as they develop.
This chart shows projected emissions by the end of this century, depending on the actions taken globally.
As you can see, there is an enormous gap between where we are currently headed and where we need to be if we hope to restrict global warming to 1.5°C.
Data for this chart comes from Climate Action Tracker.
How is EnergyElephant Helping Financial Services?
By working closely with energy and sustainability teams in the financial services sector, EnergyElephant has developed systems adapted to the requirements of managing large property portfolios and distributed assets, as well as handling the energy footprint of data centres.
Manage and Prepare TCFD Reports
The Task Force on Climate-related Financial Disclosures, or TCFD, is a global reporting organization that helps financial institutions and other companies inform stakeholders of their climate-related financial liabilities and risks.
Enhancing your assets through sustainability
EnergyElephant enables detailed performance monitoring to be carried out across your organisation for utilities and environmental risk. By ensuring that assets are operating within budget and meeting environmental targets and compliance requirements, you can be assured that your assets will work in your favour.
EnergyElephant simplifies environmental compliance across your organisation by bringing together all of your GHG accounting and ISO 50001 data into a single platform, cleaning and standardising sources and providing analysis and insights.
Manage energy data and sustainability data, all in one place
See all of your utility data for cost, usage and environmental impact in one place, with preconfigured dashboards and reports to simplify how you measure, plan, track and act.
EnergyElephant can quickly identify new efficiencies across your sites and save you time on planning projects and reporting results.
Utility bill validation and management
EnergyElephant can automatically retrieve bills from your supplier and store them, whilst extracting detailed data from each bill.
This simplifies bill checking and data capture so that you can focus on more important tasks and only review bills that are flagged as problematic.
You can also upload your original bills and data in bulk and they will be processed into the system in seconds.
Easy to understand and report
We know that sustainability reports need to be shared with people who are not experts in the area. For that reason we make sure everything in EnergyElephant is easy to understand and simple to use so that you can report and communicate effortlessly.
Share access to specific assets and views with your team or download charts and data for use in your own reports or for reporting frameworks such as Task Force for Climate Related Financial Disclosures (TCFD), Carbon Disclosure Project (CDP) and ISO 50001.
Accounting for energy from your on-site renewables
The ability of organisations to generate their own energy through solar, wind and other renewable sources is a key aspect of the net-zero transition.
EnergyElephant supports effective monitoring and accounting of energy exports via sub-metering.
Identify energy saving opportunities
EnergyElephant visualizes energy consumption to help you identify inefficiencies and respond to problematic trends.
Track energy usage out of hours, monitor start-up and shutdown times and quantify energy baseloads.
Assess performance of divisions and buildings against custom KPIs (such as production activity, staffing, floor area etc.) to clearly quantify efficiency across your organization.
Save money on energy and time for your team
EnergyElephant can keep your costs down by checking your unit rates against competitive rates in the market based on your actual usage.
Based on your consumption it can show you which energy sources are cheaper to use for your requirements.
EnergyElephant also monitors your contract discounts and highlights when its time to switch or renegotiate your contract.
Secure and accessible data for your organisation
EnergyElephant secures all of your data in custom designed cloud services, meaning you’ll always have access when you need it.
By centralising your utilities data with EnergyElephant, With EnergyElephant you can change your supplier whenever you want, safe in the knowledge your historic and future data will remain secure and accessible.
Public dashboards to increase engagement across your organisation
Helping people to understand the changes they can make and how those changes contribute to transformative action is a key part of sustainability programmes.
EnergyElephant offers public-facing views of your data that can be used to educate stakeholders and other departments on the bigger picture of sustainability goals and your progress toward achieving them.
Be more sustainable
EnergyElephant visualizes your use of utilities to help you identify inefficiencies and respond to problematic trends.
Assess performance of divisions and buildings against custom KPIs (such as production activity, staffing, floor area etc.) to clearly quantify efficiency across your organization, in energy, water, waste and emissions.
Carbon price modelling
EnergyElephant enables organisations to set preferred carbon prices and see how their net-zero trajectory is affected.
This supports longer term planning for the financial costs and benefits of transitioning businesses into a cleaner, more sustainable future.
Contact us
We can help you reach your sustainability goals and achieve net zero. Let us know the challenges you are looking solve and our team will be in touch.