Whitepaper – BFSI

Mar 21, 2022

The banking segment worldwide consumes 263.72 TWh/yr of electricity, 1% of the total global electricity generated. Climate change and digitization are disrupting banking as we know it, furthering the need for the banking and finance sector to usher in change. Digitization of banking infrastructure, specifically, their energy consumption (carbon and energy footprint) has been identified as a major endeavor which banks globally need to undertake. Banking as a segment is expected and has realized the importance of paying attention to the environment and implementing efficient energy management solutions to ensure the sustainability and brand value of its business.

This document provides a high-level view of how the banking industry can benefit from the adoption of Racanaa Energy’s services to digitize their energy consumption and supply

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