High street banking group Lloyds has announced plans to revamp its offices in Birmingham city centre to bolster the working environment and its green credentials.
It has outlined a list of designs for its home at 125 Colmore Row which include new fitness and event spaces, a café with workstations and collaboration spaces.
Among the green initiatives planned are replacing existing gas boilers with a heat pump system which it says will save approximately 1.8 million kWh of gas per year.
It is also aiming to reduce water consumption by around 60 per cent through the use of low-flow fixtures and fittings and smart water monitoring for ongoing leak detection.
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Lloyds said its current projections showed that around 4.7 million litres of water could be saved per year - the equivalent to almost two Olympic swimming pools.
It is also installing 13 electric vehicle charging points and creating new cycling facilities and storage in a bid to promote and encourage active travel among staff.
Work is due to start early next year and be completed by summer 2025.
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125 Colmore Row comprises 150,000 sq ft of grade A office accommodation spread across nine storeys and also has 66 basement car parking spaces.
Lloyds, whose lease expires in 2030, is the sole tenant and has more than 2,000 staff in the building which it has occupied since it was developed in 2001.
Last year, 125 Colmore Row was sold to the West Midlands Pension Fund in a deal said to be worth around £80 million.
Sharon Doherty, chief people and places officer for Lloyds Banking Group, said: "Birmingham is one of our key strategic hub sites where teams including our data, technology, customer and client-facing teams are based.
"This is why we're making a significant investment in our Colmore Row office to create a state-of-the-art, sustainable hub where 2,260 of our colleagues can work collaboratively together in a refurbished office space.
"Building energising and collaborative spaces in the communities we serve, like Birmingham, is at the heart of our business strategy and central to our purpose of helping Britain prosper."
Birmingham City Council leader Cllr John Cotton added: "The growth of our financial and professional services sector is a great success story for the city so I am delighted that Lloyds, Birmingham's first ever bank, is making this commitment.
"As one of the city's largest financial and professional services firms, the investment Lloyds Banking Group is making in its Colmore Row site will significantly reduce its carbon footprint which supports Birmingham City Council's ambitious plans to achieve net-zero carbon status."