Carrier Abound Receives Gold Recognition for Delivering 19,000 MWh Energy Savings at Major Indian Bank

Carrier Abound, part of Carrier Global Corporation, has earned the Gold award in the Digital Transformation in Energy category at the 2026 Greentech Energy Management Excellence Awards. The honour recognises the substantial transformation and measurable impact the company delivered to one of India's largest private sector banks.

The accolade stems from the successful implementation of Abound Insights, an artificial intelligence platform rolled out across 600 bank branches over a six-year period. The deployment has yielded significant results:

• Cumulative energy savings exceeding 19,000 MWh
• Cost reductions totalling INR 23.4 crore, equivalent to approximately USD $2.4 million
• Avoided CO₂ emissions surpassing 16,000 metric tonnes cumulatively

"This achievement with one of India's leading private sector banks exemplifies the transformative potential of AI-driven digital solutions when deployed at scale," said Niraj Desai, Managing Director of Carrier Abound India. "The award underscores how data-driven operational approaches can generate tangible business value across banks' branch networks. Additionally, such solutions enable financial institutions to meet regulatory disclosure requirements by furnishing detailed insights into energy consumption and corresponding emissions from their branch operations."

The Greentech Energy Management Excellence Awards programme recognises achievements in energy efficiency advancement, sustainability initiatives, and improved management practices. Carrier Abound's success reflects its commitment to providing scalable, technology-based solutions that help organisations reduce energy consumption, enhance operational efficiency, and achieve sustainability objectives.

Carrier Abound specialises in delivering AI-powered predictive analytics and professional services designed to optimise building operations for efficiency, comfort, and environmental responsibility. The company's digitally integrated solution portfolio has facilitated energy conservation exceeding 7 billion kilowatt-hours and has optimised operations across more than 63,000 buildings worldwide.