CBRE acquires Singapore-based sustainability advisory firm Paia Consulting
Carrie Johnson started Paia Consulting and is its founding director. She has over twenty years of knowledge in sustainability strategy, reporting, and ecological matters. Corrado Forcellati, Paia Consulting’s managing director from 2021, assists business in Singapore and Southeast Asia integrate sustainability right into their business operations.
Supporting the procurement, the firm is going to be renamed Paia from CBRE, and the staff may be integrated with CBRE’s continuing environmental, social, and governance (ESG) consulting and sustainability programs team. Johnson will be the lead consultant following the combined organization, whilst Forcellati is going to be the brand-new supervisor of customer sustainability approach and services.
In June, United Overseas Bank and Enterprise Singapore launched a sustainability advising programme for SMEs, in cooperation with Paia Consulting, CDP, Convene ESG, M1, PwC Singapore and TÜV SÜD.
David Fogarty, that has actually led CBRE’s ESG Consulting and Sustainability Services team in Asia since 2022, definitely will lead the expanded staff at Paia from CBRE.
On August 1, CBRE announced that it has obtained Paia Consulting, a Singapore-based sustainability consultatory company. The acquisition is component of the New York Stock Exchange-listed global realty services company’s expansion of its sustainability advisory service in Asia Pacific.
Anshuman Magazine, CBRE advisory division ceo, India, Southeast Asia, Middle East, and Africa, states the procurement will certainly have an effect all over the APAC zone. “The better level of understanding and attraction in sustainability is rising amongst services, and improving regulations will certainly give a catalyst for them to build sustainability techniques and to illustrate progression on their implementation.”
In August 2023, Keppel employed Bennett Wong, previous principal consultant at Paia Consulting, to become its group sustainability senior manager. Wong departed in July to join professional services company RSM.
Moray Armstrong, managing supervisor of CBRE Singapore, states the intro of Paia’s capabilities will certainly set CBRE at the forefront of ESG advisory in Singapore and across Asia Pacific. “Our professionals will definitely partner with customers on reporting, education, conformity, benchmarking, establishing, and implementing ESG plans. CBRE will positively impact the developed setting.”
