Solar Atm Launch

    IndusInd Bank inaugurates its first solar-powered ATM in MumbaiGreen Office Manual unveiled as part of the Bank’s ‘Hum aur Hariyali’ campaign   Mumbai, December 18, 2009 : IndusInd Bank Ltd inaugurated Mumbai’s first solar-powered ATM aspart of its Green Office Project campaign ‘  Hum aur Hariyali ’. It also unveiled a ‘Green Office Manual -A Guide to Sustainable Practices’, prepared in association with the Centre for Environmental Researchand Education (CERE).IndusInd Bank has a comprehensive plan to reduce its carbon footprint. Some of the initiatives beingundertaken under this plan are solar-powered ATMs, thin computing, e-archiving, e-learning, e-wastemanagement, paperless fax, energy conservation, CNG cars and also supporting finance programs withincentives to go green.Explaining the rationale behind the ‘  Hum aur Hariyali ’ campaign, Mr. Romesh Sobti, MD & CEO of IndusInd Bank said, “At IndusInd, we believe that corporate success is intrinsically linked with theenvironment. Subjects like sustainable development, social responsibility and climate change are fastbecoming part of the corporate vocabulary and IndusInd is at the forefront of this change in the Indianbanking sector. ‘Green Banking’ is our mission today and we have diligently worked towards spreadingthe word in our office corridors and in the corridors of finance.”IndusInd’s new Solar ATM replaces the use of conventional energy for 8 hours per day with eco friendlyand renewable solar energy. The energy saved will be 1980 kW hrs every year and will be accompaniedby a simultaneous reduction in CO2 emissions by 1942 Kgs. The uniqueness of this solar ATM is theability to store and transmit power on demand (incase of power failure) or need (time basis).In terms of costs, the savings will be substantial, approximately Rs. 20,000 per year in case of acommercial user with grid power supply. And in areas with erratic power supply the solar will replacediesel generators and translate into savings as high as Rs. 40,200 every year.Dr. Rashneh Pardiwala, Director and Founder of CERE, says, “This is a unique model where innovationin science and technology is being encouraged by a large corporation to help environmental organisationsaddress the challenges posed by Climate Change and spread awareness about sustainable development. About IndusInd Bank  IndusInd Bank, a fast growing, new-generation private-sector Bank was incorporated in 1994. It caters tothe needs of both Consumer & Corporate clients and has a robust technology platform supporting multi-channel delivery capabilities. The Bank enjoys a patronage of 2 million customers and has a network of 186 branches, 412 ATMs spread across 151 geographical locations in 28 states and union territories as onNovember 30, 2009. It also has representative offices in Dubai and London.  It has multi-lateral tie-ups with other banks providing access to more than 21000 ATMs for its customersIt enjoys ‘clearing and settlement bank’ status with leading capital, commodity and currency exchangeswithin India e.g. - BSE / NSE and commodity exchanges like- MCX, NCDEX, and NMCE.While continuing its drive for efficiency, productivity and profitability, IndusInd Bank is a keenparticipant in the Corporate Social Responsibility space. It is actively engaged in helping mentally-challenged and underprivileged children and on other hand, helps in sensitizing /upholding environmentaland ecologically appropriate behaviour. About CERE  CERE is a Mumbai based NGO working to promote environmental sustainability. CERE has beencollaborating with IndusInd Bank to promote the role of corporations in advancing environmentalsustainability through the medium of the ‘Green Office Project’ For more details on this release, contact:   S N Pai Narayan Bhatt /Aarti BhattExecutive Vice President, IndusInd Bank Ltd. Adfactors PR Pvt. Ltd.+91 22 2423 1913 +91 22 22813565  Green Initiatives The goal of the Green Banking Project is to promote sustainable business practices tooffset the effects of climate change through energy and resource conservation, whileprotecting the environment for future generations. As part of the project, the Bank hadlaunched “Hum aur Hariyali” campaign under which a number of green initiativeshave been taken: Key Initiatives at IndusInd to reduce Carbon FootprintThin computing at Karapakkam – PCs are replaced using diskless workstationsresulting in power savings of over 60%.Thin Computing delivers the productivity people need, at a lower cost than traditionalmethods, all without compromising on security or manageability. Analysts agree thatthis approach improves the reliability and security of information, dramatically lowersIT costs, reduces energy consumption, and is far better for the environment. Yet ThinComputing still provides the access to applications and data that people need in orderto move the business forward, all the while improving on the security, reliability, andavailability of PCs. Introduction of Paperless Fax – A shift has been made to receive faxes as softcopies instead of on paper. This initiative has been introduced in many departmentsand has reduced usage by 50,000 sheets of paper over a period of 6 months only in theCorporate office which has resulted in substantial savings in both paper usage andenergy consumption. Document Management System and Workflow - A comprehensive documentmanagement and workflow system branded IworkS has been introduced throughadoption of Business Process Management (BPM) tools and techniques. In thissystem the documents are scanned at the branch or hub itself. The central processingunit then works on the scanned copy of the documents, scrutinizes them and proceedsto open the accounts. Apart from improved efficiency, better process control andimproved customer service, the srcinal documents can be stored at low costlocations. This has resulted in savings of 60 % of the costs on premises besidesimproving efficiency as lesser time is spent in finding and retrieving documents.IWorkS eliminates the need to keep photocopies of various documents. The introduction of IWorkS application has saved approximately 13,30,000 sheets forphotocopying , 2,60,000 sheets for Checklist besides the toner cost associated with it.This has also lead to an increase in printer life and has resulted in substantial costs inphysical storage as well.Our Board Members have also started getting familiar and using the DMS. Boardagenda/workpapers/other documentary submissions are now electronically managed.More and more processes are being shifted into an E-environment.  Solar ATM: With the commencement of the Green Banking Initiative in the Bank, one of the keydeliverables was enabling the ATM and signages with Solar energy.IndusInd’s new Solar ATM at Opera house is a first of its kind in India and arevolutionary concept in Green Banking. Autonic’s Solar UPS replaces theconventional use of fossil fuel in the form of diesel generators with eco friendly andrenewable solar energy. The system operates on real time and has two levels of operation- Timer Based (switch to solar UPS on timer operation) and Trigger based(in case of power failure the system will switch to UPS). The system will also havealarms or alerts to indicate when the battery is low and a signal indicating the start of the Generator and the ability to start the generator using AMF or similar devices. The Solar ATM at Opera House uses photovoltaic cells mounted on the roof of thebuilding. These cells convert sunlight into electricity and this clean and renewableform of energy is used to power the ATM.The Solar UPS generate approx 5926.4 watts, or 6 units of power. The energy saved will be 1980 KW hrs per annum and will result in the reduction of CO2 by 1942 Kgs per year. In terms of costs, the Savings will be approximately be Rs.60.00/day in case of acommercial user with grid power supply and Rs.120.00 in case of solar energysubstituting diesel generator. This will translate to Rs.20100.00 savings per annumusing grid or Rs.40,200.00 for diesel generators.  Employee Awareness/ Outreach programmes The aim of the Green Banking project is primarily to increase awareness aboutenvironmental issues for the staff and through this awareness, achieve the goal of Sustainable Development. The Green Banking Project was spear headed by a group of “Green Champions” who were chosen from among the employees. The “GreenChampions” were first empowered through a series of workshops and then theybecame the drivers of the Green Banking Project .The premise of the initiative wasthat “Going green is not only about protecting trees but about altering behaviour.” Theon-going awareness initiatives in terms of workshops, film screenings and field tripshave encouraged the employees to put in practice various initiatives in terms of resource reduction, energy conservation and waste management and they have set astandard for Green Banking across the country. Other Key Initiatives ã   Green data centre at Indiabulls ã   Replacement of CRT monitors with LCD which results in 50% power savings.The target is 500 monitors this year