Hong Kong's Standard Chartered Bank Goes Digital in 30-year-old Building Amid Urban Renewal Push

SHANGHAI, Oct. 24, 2019 /PRNewswire/ -- Johnson Controls and CBRE have developed a customized, integrated digital solution for the Standard Chartered Bank (SCB) office that is housed in the SCB Building in Kowloon East, Hong Kong. Led by the CBRE JCI Building Innovation Lab, this pilot deploys Johnson Controls' cloud-based Enterprise Management (JEM) platform, which is integrated with CBRE Vantage, to identify and resolve building inefficiencies, as well as to improve workplace efficiency through smart monitoring and preventive facility maintenance. The project supports the push for urban renewal of the Kowloon East region, which has been earmarked by the government for smart city development.Energy conservation is the key driver to revitalize the office located within the 33-story building that was built in 1992. Upon project completion, 7 percent of the office's annual energy expenditure, will be reduced through identified optimization opportunities. An additional 5-7 percent in energy and operational savings has been projected for the next few years, based on the historical energy consumption trends. The holistic solution enables occupants and employees to have insight into and control over their environment in a proactive and streamlined manner. The technology also alerts them of issues such as uneven heating and equipment failures to ensure the future needs of buildings are met. Encouraged by the significant savings, Standard Chartered Bank has plans to implement similar enhancements for its 113 sites across Asia. Countries such as Singapore, Mainland China, South Korea, Japan and India have been identified, which is expected to deliver 5-15 percent annual energy savings and 5-10 percent annual maintenance and repair savings through operational insights and proactive and predictive HVAC asset management strategies."The improvements have exceeded our expectations by saving energy and money, and also revitalized the classically styled building by making the interior atmosphere more modern. The technology powering the office space is also smarter, more connected and sustainable," said Darren Sear, head of Engineering, Energy and Environment at Standard Chartered Bank, "We look forward to rolling out this practice to more cities in the Asia-Pacific region, to realize all-round connections, efficient management, and energy-saving operations among our office buildings."
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