KUALA LUMPUR: Kenanga Investment Bank Bhd
(Kenanga IB) has been named “winner” in energy-efficient building in retrofitted building, at the prestigious National Energy Awards (NEA).
The award recognises initiatives that adopt sustainable energy practices in new or retrofitted buildings.
Initiated by the Natural Resources, Environment and Climate Change Ministry and the Malaysian Green Technology and Climate Change Corp, the NEA has been held on a yearly basis since 2018.
Its purpose is to identify and honour leading Malaysian corporations and institutions that adopt revolutionary sustainability initiatives.
From a pool of 114 submissions encompassing Malaysian residents, businesses, and organisations, Kenanga IB was selected together with 22 other entries from various categories, to proudly go on to represent Malaysia at the forthcoming Asean Energy Awards 2023.
Kenanga IB group managing director Datuk Chay Wai Leong said central to Kenanga’s decarbonising programme is the deployment of innovative technology and that it was pleased that through piloting an artificial intelligence (AI)-powered predictive cooling control solution, the group was able to leapfrog the energy efficiency of its headquarters here.
“We are guided by the urgent need to step up climate action and will continue to prioritise and promote sustainable practices throughout the organisation,” Chay said in a statement.
The implementation of a cutting-edge AI solution within the centralised air conditioning system – the most significant contributor to Kenanga Tower’s energy usage – had yielded a 50% reduction in its air conditioning energy consumption.
