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GTCO Achieves 2.58% Renewable Energy Usage in 2026

GTCO Achieves 2.58% Renewable Energy Usage in 2026

Guaranty Trust Holding Company Plc (GTCO) has announced that 2.58% of its facilities are now entirely powered by renewable energy sources, as detailed in its audited financial statements for the six months ended June 30, 2026. The company is actively assessing more of its wholly owned buildings to identify further opportunities for transitioning to renewable energy as part of its climate strategy.

GTCO has also reported that 3.5% of its ATMs are powered by solar energy, reducing reliance on conventional electricity. The Group aims to cut greenhouse gas emissions by 20% over the next five years and non-recyclable waste by 30%.

Strategies to achieve these goals include timely branch shutdowns, virtual meetings, reduced business travel, duplex printing, and digital documentation. Additionally, all 15 of GTCO's offsite locations are powered by a mix of solar energy and the national grid.

The company recorded a profit before tax of N603.03 billion for the first half of 2026, showing marginal growth from the previous year.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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