The headquarters of Sterling Bank located in Marina, Lagos State is now the first organisational headquarters in Africa to be fully powered by solar energy. This significant milestone caps off a year of impressive strides in sustainability and positions Sterling Bank at the forefront of the continent’s green revolution. This conversion from traditional energy sources to solar not only propels the bank to forefront of environmental stewardship but paves the way for other institutions to embark on a journey to green energy. A statement from the financial institution on Sunday said, Sterling Bank Headquarters, known as Sterling Towers was now fully powered by solar energy. It stated, “The iconic Sterling Towers, located in the bustling centre of Lagos, now boasts an operation on an advanced solar energy system. This decisive switch underscores Sterling Bank’s dedication to reducing its ecological footprint and spearheading the adoption of renewable energy within the continent.
“The exclusive use of solar power at Sterling Towers is a game-changer for African corporations in the sustainability domain. It stands as an influential illustration for other companies, proving that economic progress and ecological conservation are compatible pursuits. This monumental achievement is a tribute to the ingenuity and leadership potential of African enterprises in green energy adoption, paving the way for a more sustainable global future.”
In his comments, the Group Chief Marketing Officer at Sterling, Ibidapo Martins, said, “Adopting solar power is a conscious move that mirrors our pledge to responsible business and societal leadership. We’re not just charting a new course for financial sector in Africa but demonstrating our resolve to be catalyst for sustainable growth.
“This pioneering project, the most extensive of its kind in Africa, consists of over 3,250 solar panels expected to generate more than 10,500 MWh over the next 25 years. Our 17-story head office is now a landmark of sustainability, boasting a solar power capacity of 995 kWp.”
This achievement reflects Sterling dedication to its HEART strategy, targeting the critical areas of Health, Education, Agriculture, Renewable Energy, and Transportation. The bank’s recent accolades, including the Most Innovative Bank of The Year and its ranking among the Financial Times’ top 100 fastest-growing companies in Africa in 2023, underscore its commitment to innovation and growth.
The solar-powered transformation of Sterling Towers stands as a beacon for renewable energy implementations in the Nigerian business sector, signaling the start of a transformative journey in the nation’s approach to energy consumption.
