MetLife Bangladesh has installed a 104-kilowatt on-grid solar power system at its head office in Motijheel, allowing the insurer to generate up to 10 per cent of its electricity demand from renewable energy sources.
The rooftop solar project is part of the company’s broader effort to improve energy efficiency and strengthen sustainable business operations, MetLife Bangladesh said in a press release issued on Tuesday.
The solar system was installed at the insurer’s historic head office, where the company has been operating for more than 74 years.
MetLife Bangladesh CEO Ala Ahmad said the initiative reflected the company’s intention to align its operations with Bangladesh’s growing focus on renewable energy and sustainability.
“By generating up to 10 per cent of our energy needs through solar power at our historic head office, we are demonstrating that progress and preservation can go hand in hand,” Ala Ahmad said.
“As the number one life insurance company in Bangladesh, we believe it is our responsibility to support national priorities while creating a more resilient future for our customers, employees and communities,” he added.
The company said commercial rooftop solar projects could play an important role in accelerating adoption of clean energy in Bangladesh as the country expands renewable power generation.
Business Division 4 of Sena Kalyan Sangstha carried out the technical implementation of the project and ensured compliance with national grid connection standards.
According to the company statement, MetLife Bangladesh currently serves more than one million customers in the country.
MetLife, founded in 1868 and headquartered in the United States, operates in more than 40 markets worldwide, offering insurance, annuities, employee benefits and asset management services.
