ICICI Bank has announced the adoption of state-of-the-art technology to produce drinking water from atmospheric moisture. The initiative is part of the bank’s commitment to improving the sustainability of its operations.
The bank has installed units to generate 8,000 liters of potable water daily from atmospheric moisture, benefiting 4,200 employees at five offices in Bengaluru, Hyderabad, Mumbai, and Chennai.
Transforming atmospheric moisture into potable water:
The units—known as Atmospheric Water Generators (AWGs)—utilize innovative technology to convert atmospheric moisture into 100% microbe-free, fresh, and clean drinking water.
Condensation converts water vapor into droplets, which undergo multiple filtration processes and are then supplemented with essential minerals at the end of
the process.
AWGs can produce water year-round due to their ability to operate in various ambient temperatures (18°C-45°C) and relative humidity (25%-100%).
Mr. Soumendra Mattagajasingh, Group Chief Human Resources Officer, ICICI Bank, said, “At ICICI Bank, we are committed to conducting our business sustainably and responsibly to reduce the impact of our operations on the environment. Our strategy for environmental and ecological conservation is led by the 4R (reduce, reuse, recycle, and responsible disposal) principle of environmental stewardship. It is estimated that the atmospheric moisture holds several times the fresh water in all rivers on the planet. To leverage this renewable resource, we have installed the AWGs at our offices to convert water vapor into drinking water. This initiative reduces our dependence on packaged water, along with making good use of the atmospheric moisture.”
It must be noted that ICICI Bank aims to become carbon neutral by fiscal 2032 and has certified over 180 sites with IGBC certification, covering 4.95 million sq. ft. as of March 31, 2024. The ICICI Service Centre in Mumbai became net-zero waste in 2024, boosting renewable energy consumption and tree planting. The bank also created 25.8 billion liters of water harvesting potential annually.
