Butterfield reinforces its commitment to the environment with e-bike initiative
St. Peter Port, Guernsey: To reduce its impact on the local environment, Butterfield has introduced an electric bike initiative as an alternative and eco-friendly transport option for employees.
Butterfield employees have access to six e-bikes which they can use to travel between the Bank’s two business locations in St Peter Port. Following the recent acquisition of ABN AMRO (Channel Islands) Limited, Butterfield now has operations in Regency Court on Glategny Esplanade and Martello Court on Rue de Vega. The 15-minute walk is reduced to a mere few minutes by e-bike.
Richard Saunders, Managing Director Channel Islands and UK at Butterfield Bank (Guernsey) Limited, said: “At Butterfield, we are committed to protecting the environment in the communities we call home. We have introduced the e-bikes to encourage employees to make more eco-friendly transportation decisions, as well as participate in some physical activity during the working day. I hope that some of them will consider getting their own e-bikes as personal transport which may in turn lead to further community benefits from both an emissions and parking perspective.”
Butterfield recently received the silver Keep Guernsey Green Award having demonstrated its commitment to the environment by putting in place various initiatives which reduce the consumption of single-use plastic, encourage sustainable living, create energy conservation solutions and tackle the global plastic pollution problem.
Notes to Editors:
Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from our offices in Bermuda, the Cayman Islands and Guernsey and Jersey, where our principal banking operations are located, and The Bahamas, Switzerland, Singapore, and the United Kingdom, where we offer specialised financial services. Banking services comprise deposit, cash management and lending solutions for individual, business and institutional clients. Wealth management services are composed of trust, private banking, and asset management. In Bermuda, the Cayman Islands and Guernsey, we offer both banking and wealth management. In The Bahamas, Singapore and Switzerland, we offer select wealth management services. In the UK, we offer residential property lending. In Jersey, we offer select banking and wealth management services. Butterfield is publicly traded on the New York Stock Exchange (symbol: NTB) and the Bermuda Stock Exchange (symbol: NTB.BH). Further details on the Butterfield Group can be obtained from our website at: www.butterfieldgroup.com.
Butterfield Bank (Guernsey) Limited (“BBGL”) is licensed and regulated by the Guernsey Financial Services Commission (“GFSC”) under The Banking Supervision (Bailiwick of Guernsey) Law, 1994 and The Protection of Investors (Bailiwick of Guernsey) Law, 1987, each as amended from time to time, under registration number 85. BBGL’s products and services are available in Guernsey and only in those other jurisdictions where they may be legally offered or obtained. BBGL is registered under the Data Protection (Bailiwick of Guernsey) Law 2017, under registration number 11160 and with the Guernsey Registry under registration number 21061. BBGL is a participant in the Guernsey Banking Deposit Compensation Scheme (the “Scheme”) established by The Banking Compensation Scheme Deposit of Guernsey Ordinance, 2008 (the “Ordinance”). The scheme offers protection only in respect of ‘qualifying deposits’ (as that term is used in the Ordinance) of up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period subject to certain limitations as set out in the Ordinance. Full details are available on the Scheme’s website www.dcg.gg or upon request.
Butterfield Trust (Guernsey) Limited (“BTGL”) is licensed and regulated by the GFSC under the Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2000, as amended, under registration number 101113. BTGL is registered under the Data Protection (Bailiwick of Guernsey) Law 2017, under registration number 10959 and with the Guernsey Registry under registration number 31645. BBGL and BTGL both have their Registered Office address at P.O. Box 25, Regency Court, Glategny Esplanade, St Peter Port, Guernsey, GY1 3AP.