AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Green IT Initiative: State Street

- Rob Daly
- 09 Jan 2012

By implementing a global PC power management program across its operations in 26 countries, State Street reduced its greenhouse gas emissions by more than 8,000 metric tons—the equivalent of taking more than 1,000 cars off the road or providing electricity to 850 homes for a year. The firm also saved $1.2 million in energy costs, which it has re-invested in the bank’s sustainability fund. This fund allows the IT organization to invest in other green initiatives within the bank, using those

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