J Trust Bank Installs Solar Panels at Depok Branch Office to Support Renewable Energy Adoption

18 Nov 2024

Depok, November 18, 2024 – In an effort to address the global climate crisis and support the use of renewable energy, PT Bank JTrust Indonesia Tbk (J Trust Bank) has installed solar panels at its Depok Sub-branch Office. This step affirms J Trust Bank's commitment to environmental sustainability and the reduction of carbon emissions.

According to reports from the Solar Energy Industries Association (SEIA) and other relevant data, solar power plants generate significantly fewer carbon dioxide emissions over their lifecycle compared to fossil fuel power plants, such as those using coal or natural gas. In Indonesia, the potential for solar energy is abundant, with an average solar light intensity of 4.8 kWh/m2 per day. However, its utilization is still relatively low, making concrete steps like this critically important.

A portion of the electricity needs at the Depok Sub-branch Office is now supplied by clean energy generated from these solar panels. In addition to helping reduce dependence on conventional energy, the use of solar panels also offers the benefit of lowering long-term operational costs.

This initiative is part of J Trust Bank's vision to integrate the principle of sustainability into its banking business. Furthermore, this initiative also supports the Indonesian government's commitment to reducing greenhouse gas emissions and achieving Net Zero Emission by 2060.

J Trust Bank continues to strive to be a pioneer in promoting environmentally friendly practices through various sustainability initiatives. In 2023, J Trust Bank noted increasing momentum in its commitment to mitigating climate change, achieving Net Zero Emission, and implementing Sustainability aspects. The establishment of a Sustainability Committee will assist the Board of Directors in developing business activities that consistently consider, harmonize, and integrate the interests of economic, social, and environmental aspects.

By: jtrust

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