As part of its corporate social responsibility and commitment to the United Nations Sustainable Development Goals (SDGs), Golomt Bank has signed a cooperation agreement with the Chingeltei District Governor’s Office and Eco Square Energy LLC to support efforts aimed at reducing air pollution in Ulaanbaatar.
Under this partnership, the threbe parties will install air-to-air heat pumps – developed by Eco Square Energy LLC in 300 households located in areas of Chingeltei District with high levels of air pollution. Golomt Bank will provide the necessary financial support for the initiative, making a tangible contribution toward improving air quality and promoting sustainable urban living.
About the Air-to-air Heat Pump
The air-to-air heat pump is an advanced energy-efficient device that consumes three times less electricity than traditional electric heaters. Designed to both heat homes during winter and cool them in summer, the system can effectively regulate the temperature in homes ranging from 30 to 40 square meters. By replacing the use of raw coal, firewood, and other polluting fuels, these devices help households cut energy costs and significantly reduce carbon dioxide emissions, addressing one of the major sources of urban air pollution.
Golomt Bank continuously supports initiatives that promote environmental sustainability and social well-being. By financing projects that generate long-term benefits for the community, the Bank reaffirms its leadership in sustainable banking, aligning its operations with both national and global sustainable development goals.
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