HSBC to use smart building technology

HSBC wants to reduce power use

HSBC is hoping to reduce the energy consumption of its retail outlets by 20 per cent using smart building management systems.

The banks will work with "virtual facilities manager" t-mac Technologies to meter the energy use of particular appliances and systems with a view to identifying areas of waste.

Stephen Gathergood, datacentre and engineering manager at HSBC, said the bank was always looking for innovative ways of cutting energy use.

"The technology deployed through our partnership with t-mac is a good example of how our buildings can be more efficiently managed, without any material increase in operating costs," he said.

Readings are accessible online where the bank will also be able to change power settings on particular appliances remotely.

The service will also give the bank alerts when the energy use of particular devices rises above predefined levels.