Modern Australian
The Times Real Estate

.

Hong Leong Bank’s New Data Center Receives Highest Green Certification in Malaysia from GCI

The Data Centre is the first in Malaysia to be certified as a Titanium+ Tier facility by Green Climate Initiative (GCI), a testament to the Bank’s commitment to addressing climate change and the transition to a green, low carbon and climate-resilient economy

KUALA LUMPUR, MALAYSIA - Media OutReach - 13 March 2023 - Hong Leong Bank's ("HLB" or "the Bank") new data center has received a Titanium+ Tier nod from the Green Climate Initiative ("GCI"), an industry-leading green technology accreditation organisation. With this accreditation, the Bank's data center is officially a Certified Green Computing Facility and the only facility in Malaysia to achieve the prestigious Titanium+ ranking by scoring a near-perfect 99 out of 100 points in the Certified Green Computing Facility ("CGCF") Weighted Scorecard.

Photo - HLB.jpg
HLB's Chief Technology Officer William Streitberg receiving the Titanium+ Tier Certification from Green Climate Initiative's (GCI) Avis Tan, Head of Sustainability Committee (Asia & Middle East), flanked by Huawei Enterprise Business Group, Financial Services Industry Director G.T Tan

This accreditation, which was presented at the Huawei Malaysia Digital Power Summit 2023, comes as the Bank continues to execute its strategic ESG initiatives, working towards its goal of being carbon neutral by 2050. In recent years, the Bank has gradually embedded ESG considerations throughout its business operations by implementing sustainability and environmental frameworks as part of its business strategy. The Bank's new data center, which uses open-source, latest data governance architecture to enable real-time data processing, data mining, and in-depth analysis, was developed in line with the Bank's overall ESG framework.

According to Domenic Fuda, Group Managing Director and CEO of HLB, climate change will remain the most profound generational challenge which the world faces today as well as a key emerging risk for financial institutions over the next few years, given the increased regulation, demands for transparency and the need for whole ecosystems to embrace the need for action now so that future impacts of climate change can be appropriately and effectively managed.

"We take both a short-term, as well as, a long-term view when it comes to addressing climate change by being steadfast in incorporating sustainability actions and policies into our daily operations and strategic initiatives. These initiatives and actions throughout our business are designed to create a positive impact across our customers, community and the environment, whether it's in business enablers like a data center or through our products and services that customers use. This certification from GCI is a testament to our commitment to putting sustainability at the core of our operations. We are proud to have the first Titanium+ tiered data facility in Malaysia," said Fuda.

Operationally, HLB has set the target of reducing greenhouse gas emissions by 15% to 25% by 2026, achieving net zero Scope 1 and 2 by 2030 and being carbon neutral by 2050. Some key initiatives that are aligned with these ESG commitments include:

  • Business and Corporate Banking Credit Policy and ESG Assessment Framework which takes an inclusionary approach to transition customers in high-risk sectors to adopt lower-carbon economic activities.
  • Developer End Financing Framework encourages property developers to adopt greener practices as those with green certifications for their development projects will be classified with low ESG risk profiles.
  • Regional Wealth Management ESG Framework guides the creation of responsible wealth management products with integrated ESG considerations.
  • Procurement Policy assesses the level of ESG adoption for its vendors across the entire value chain through the Bank's Vendor Sustainability Self-Assessment.
  • Environmental Policy on Energy, Water and Waste Management monitors electricity and water consumption as well as manages waste and recycling measures. Accordingly, HLB has introduced bank-wide Energy Efficiency & Conservation (EE&C) initiatives to upgrade and retrofit its operational facilities.
  • Ceased financing of any greenfield coal-fired power plants beginning 1st July 2021 and new financing of all coal-fired power plants effective 1st July 2026.
  • Forest rehabilitation and conservation practices via its 15-hectare mangrove rehabilitation project in Kuala Selangor Nature Park, having so far planted over 40,000 trees, to offset carbon emissions, prevent soil erosion and assist the fishing ecosystem to help fishermen's livelihoods and the HLB Earth Hero initiative which nurtures an environmentally responsible younger generation, whilst replanting trees in a forest in Sabah.

HLB's new Data Centre is powered by Huawei Module Data Center which delivers simple and flexible deployment and expansion and most importantly, a self-optimisation system that reduces energy consumption and carbon footprint. For the successful deployment and attaining Malaysia's first Titanium+ certification from GCI, Huawei also presented the Bank with the "Excellence Customer of Module Data Center" award under the Deployment in Finance Category 2022.

Vice President of Digital Power Business Group of Huawei Malaysia, Chong Chern Peng said, "We are grateful that our customer Hong Leong Bank has received this certification and recognition for Huawei's Data Center Facility. In the pursuit of Next-Generation Data Centers, technological innovation will be a key force in ensuring sustainable development. Looking towards the future, Huawei will keep making breakthroughs in products and technologies through continuous investments in R&D and through extensive cooperation with customers, ecosystem partners, and industry organisations. Together, we can jointly usher in a new era of data center development".

Hashtag: #HongLeongBank

The issuer is solely responsible for the content of this announcement.

About Hong Leong Bank Berhad

Please visit

Commercial Plastering Can Boost Your Business Appeal

In business, appearances matter. The way your space looks sets the tone for how clients, customers, and even your staff perceive your brand. A well-...

How to Transfer Registration When You Buy a Used Car in Brisbane

Purchasing a second-hand car can be a thrilling experience, but there's more to it than simply handing over the cash and driving off. One very impor...

Expert Tips for Comparing Budget Movers and Energy Providers For a Modern Apartment

Starting a new life in a modern apartment can be a challenging yet exciting step. While moving into a modern apartment, people always need reliable ...

Slowing Down in Nature: My Experience on Orchid Classic Cruise in Lan Ha Bay

Why Orchid Classic is a Top Choice for Lan Ha Bay Lan Ha Bay, a hidden gem adjacent to the more famous Ha Long Bay, offers travelers a quieter and ...

Your Next Travel Essential? Why Aussies Love Lightweight Electric Wheelchairs

Planning for a trip or just getting around town? A lightweight electric wheelchair could be your perfect travel mate. Whether it’s a stroll throug...

Australian Study Woes – What is a Confirmation of Enrolment?

Recent changes to Australian study visas are altering the landscape for international students who want to learn and work on our shores.  To secur...

Metal lockers vs. wooden lockers: which is better?

Lockers—the ultimate background hero of the workplace. They might not have the flashiness of that overpriced espresso machine in the break room, b...

Invisalign Treatment: What Your Dentist Wants You to Know

When straightening the teeth, out-of-date metal braces are no longer the only option. Nowadays, Invisalign is among the most highly sought-after alt...

The Best Nail Art for Short Nails

Short nails often get overlooked in the world of nail art, but they’re actually the perfect canvas for stylish, sophisticated designs. Whether you...

How Much Does a Skip Bin Cost? Skip Bin Prices, Sizes & What Influences the Price

Regardless of whether you're renovating a house. You are tidying up your backyard, or running a construction site. Chances are you'll require a skip...

Panoramic Elevators: Combining Functionality with Aesthetic Appeal

In the evolving world of building design, the demand for architectural features that are both practical and visually striking continues to rise. One...

No Dig, No Drama: Sydney Pipe Relining Explained

You know that feeling when water starts pooling where it shouldn't? Or received a quote for pipe repairs that made your eyes water? Let's chat about...

The SEO Benefits of AI-Optimized Landing Pages: Smarter Metadata, Faster Load Times

Landing pages are integral to the conversion funnel in digital marketing. Yet, when SEO works well to drive traffic to the landing page, it's just a...

How to Reduce Turbo Lag with an Upgraded Mazda BT-50 Exhaust System

Are you struggling with turbo lag affecting your driving experience?  Did you know upgrading your Mazda BT-50 exhaust system could be the key to u...

How to Segment Email Lists Based on Content Engagement (Not Just Demographics)

Email segmentation generally refers to age, location, gender demographic, and conventional elements. While this could be helpful information, it doe...

6 Qualities to Look for in Local Caravan Dealers

If you're searching for reliable caravan dealers in Campbellfield, it's essential to choose a dealer that offers quality products, excellent custome...

How to Repair a Faema Coffee Machine: A Practical Guide for Coffee Lovers

Introduction If you’re the proud owner of a Faema coffee machine, you already know that it’s more than just a kitchen appliance — it’s a vi...

Smart Health Decisions in Your 30s, 40s, and 50s: The Ultimate Prevention Guide

Making informed health decisions becomes increasingly important as we navigate through different life stages. What may have seemed unimportant in our ...