Prompted by recent discussions with one of Europe’s largest banks, which is now at point of installing OakTree Power’s DSR technology, the company has successfully completed FSQS (Financial Services Qualification System) accreditation.

The FSQS accreditation is valued by many of the leading institutions in the financial services sector, as it provides a standard methodology for collecting, managing and auditing supplier compliance information.

OakTree Power believes that financial services companies will benefit significantly from the adoption of its Demand Side Response (DSR) solution across their property portfolios, because their energy consumption profiles are ideal for this approach.

DSR targets a reduction in electricity consumption at selected times of high demand, without any impact on building performance or the staff working there. Over time, this creates a significant reduction in the carbon emissions across these property portfolios, helping the host companies to meet CO2 emissions targets and achieve Net Zero status.