Page 63 - ACCESS BANK ANNUAL REPORTS_eBook

The Scheme also provides access to people who are currently excluded
from financial services while promoting capital accumulation and invest-
ment boom. Currently, over 26,522 families are banked under the Save-To-
day-Take-Tomorrow initiative.

Instant Savings Account: The Bank developed the ‘Instant Savings
Account’ to provide a strategic financial product that will address the gap in
financial inclusion. The ‘Instant Savings Account’ is a hassle-free account
opened with just a passport photograph that brings banking and financial
services to the unbanked and underbanked segments.

With this special product of Access Bank, individual were able to open an
account that required no minimum deposit, no monthly maintenance
fee, access to your account on the go through mobile banking platforms,
access to verve debit cards and lots more.
Goal 11: Sustain- Make cities and Financing Sustainable Cities: Access Bank makes efforts to make cities and
able Cities and human settle- human settlements inclusive, safe, resilient, and sustainable. This is why we
Communities ments inclusive, are one of the lead financiers of the Eko Atlantic City project, a sustainable
safe, resilient, and and smart city. The Eko Atlantic City project is designed to be Nigeria’s
sustainable. version of Manhattan, New York.
Goal 12: Ensure sustain- Energy Consumption in our Facilities: Efficiency improvements are being
Responsible able consumption made on Access Bank’s facilities to reduce total energy consumption. In
Consumption and and production 2017, through the review of the Bank’s early shutdown policy in June 2017
Production patterns. from 8pm to 7pm, the Bank achieved a 24.9% reduction in diesel con-
sumption. Furthermore, the Bank has a fully solar-powered branch at the
Ogunlana Drive (which is not connected to the national grid). The Bank has
also constructed 4 new solar-powered branches to improve our carbon
footprints.

Currently, a total of 257 of the Bank’s ATMs are fully powered by solar
energy. This has enabled the Bank to achieve a 63.4% reduction in CO2
emissions from electricity, a 28.8% reduction in CO2 emissions from diesel
and a 16.7% reduction in CO2 emissions from petrol.

Paper Consumption: Across the Bank, we have automated most pro-
cesses, thereby, reducing the need to print. In 2017, the Bank continued to
adopt eco-printing practices such as the use of recycled paper, printing on
both sides of paper, re-use of scrap paper and the automation of process-
es. The Bank also made significant reduction in the volume of printing by
adopting the Diligent Board Book, an automated and secured system for
Board meetings, and paperless meetings.

Water efficiency: In the Bank, we take very seriously our responsibility
to carefully manage our water resources. Over the course of the year, we
installed water-efficient cisterns in our new rest rooms, thus, reducing wa-
ter wastage. Throughout the Bank, we aim to halve our water usage in the
coming years; as such, we are looking to install more of the water-efficient
cisterns in more of our branch offices nationwide.
Goal 13: Take urgent action Sustainable Environmental Management forms part of Access Bank’s strat-
Climate Action to combat climate egy and business model. Hence, we are committed to a clean environment
change and its and the fight against climate change. This commitment is reflected in
impacts. certain aspects of our business process, such as analysis of the social and
environmental risks of our financing activities, and measurement of our
environmental footprint.

Access BAnk Plc 63
Annual Report & Accounts 2017