HSBC's headquarters in Canary Wharf achieves BREEAM rating of Excellent.

The HSBC Group headquarters building has achieved a BREEAM rating of ‘Excellent'. This is the first time that a Canary Wharf building has received the highest possible rating for site management.

Peter Trusler, group head of corporate real estate, said: "As a result of the combined efforts of management and staff, the HSBC headquarters building uses less water, energy and electricity each year.

"In 2006 and beyond we will work towards ensuring all our sites throughout the world achieve the highest standards of environmental performance."

Designed by Norman Foster, the 45-storey structure at 8 Canada Square site became fully operational in 2003. Its design features use of energy efficient systems and practices including escalators that go into ‘standby' mode when not in use, LED lighting, energy efficient air conditioning units and recycling zones on each floor.

In October 2005 the HSBC became the first major financial institution to go carbon neutral. It does this through reducing energy use, buying green electricity and then offsetting the remaining CO2 emissions by investing in carbon credits.