Tuesday, June 16, 2009

Banking Green

PNC Bank has emerged as the one of the greenest businesses in the world. Apart from encouraging e-banking and reducing paper transactions, PNC has developed a green program in the last decade that has set it apart from other private institutions.

From 2002, all new or renovated banks have been USGBC LEED certified which is very impressive. PNC has more LEED certified branches than any other company in the world!
Their buildings are made of recycled materials and have very high energy efficiency standards. Most of their buildings not only achieve LEED certification, but also are eligible for a Silver rating.

PNC says the greening of their banks has not only helped in greater employee retention and well-being, but their eco-buildings have reduced their operating costs by over 35%.
At a recent Grand Opening of a new branch, close to where I live, they gave away goodies in a nice big "re-usable" bag. I hope folks in my neighborhood will use that grocery shopping!

Apart from all the goodwill they create with their environmental initiatives, I personally feel that a company with such a high level of corporate responsibility will also have sustainable banking and lending practices. Looks like PNC is leading the way in two of the most urgent needs of the hour. Sustainable Business and Banking!

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