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Bank Alfalah signed a memorandum of understanding (MoU) with Buksh Energy to lead the financial services industry in switching to renewable energy sources, particularly solar power with the aim of ‘’Going Green’’.
Bank Alfalah successfully installed of a two-kilowatt (KW) solar plant and converting two of the bank’s ATMs to solar power.
The solar plant produces 12KW of energy per day (4.38 megawatts per annum) per ATM converted on solar. The ATMs are connected to the online portal, where energy production is recorded and logged, and can be monitored constantly. Speaking at the occasion, Bank Alfalah CEO Atif Bajwa said, “Given the challenging energy shortfall being faced by the country, it is imperative that we each take responsibility and play our part.”
Published in The Express Tribune, June 14th, 2013.
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I happen to have a Bank Al Falah salary account, unfortunately. This has to be the worst bank there is.
Good Initiative by Corporate sector to conserve Energy........ others to follow please.
Compliments to Mr. Atif Bajwa for a better visibility of BA in the space of CSR, facilitating/catering customers compliance to the need. With that good work, Bank Alfalah should also address other important issues related to CSR for existing institutional customers which are facing difficulties for matters which has no reasoning for delays to bonafide exporters in Karachi, and approached the forum of the Banker of Financial Times for help.