The Halifax, part of Lloyds Banking Group, has transformed its outlet in Brighouse into its first Net Zero branch for operational carbon emissions.
The changes to the premises at Bethel Street have included replacing the gas boiler with a low-carbon heat pump system to supply the branch with integrated heating and cooling, improving the building insulation and introduced a new smart building management system, so reducing the expected branch operational carbon emissions by more than 90 per cent.
All bulbs have been replaced with LED lighting designed to use up to 80 per cent less electricity than traditional fluorescent lights, saving enough energy in the branch to power an average UK home for two years. All the electricity consumed in the branch also comes via 100 per cent renewable sources.
This pilot branch is part of Lloyds Banking Group's commitment to achieve Net Zero carbon operations and reduce energy consumption by 50 per cent by 2030.
Craig Whittaker, MP for Calder Valley, commented:
“It’s great to have a net zero trailblazing branch in Brighouse.
“The branch was opened in the wake of COP26, at a time when we are all examining our environmental impact. People have traditionally looked at their own energy efficiencies and consumption. Yet we are now going further, and people are looking at their indirect carbon footprint, such as emissions generated from where they shop or the services they procure.
“Consumers value an environmentally conscious high street. Lloyds Banking Group should be congratulated for putting net zero on the agenda of retail banking, and for leading the way in helping consumers reduce their environmental impact.”
Catherine Rutter, Lloyds Banking Group's ambassador for Yorkshire and the Humber, said:
"Transforming the way our branch works with the latest environmentally friendly technology is part of our commitment to support the UK's transition to a more sustainable, low-carbon economy. And with the recent announcement from the Treasury around firms and financial institutions showing how they'll hit climate change targets, this is just one step in our plans to help on the road to net-zero.
"We've identified a number of branches that we will use as a test bed to accelerate our path to net zero operations across all our buildings, understand what challenges and opportunities we will encounter, and create a toolbox of solutions that can be reused across the whole of the group's premises.
"We know people across Yorkshire and the Humber care passionately about the environment and want to see change, so we hope that it will encourage more businesses to consider making small changes that can have a positive impact on our region, and the planet too."