CBRE acquires Singapore-based sustainability advisory firm Paia Consulting
Anshuman Magazine, CBRE advisory department head, India, Southeast Asia, Middle East, and Africa, states the procurement will certainly have an influence across the APAC zone. “The greater degree of recognition and attraction in sustainability is growing among businesses, and increasing guidelines will offer an inspiration for them to construct sustainability methods and to demonstrate progression on their implementation.”
Following the purchase, the business is going to be relabelled Paia from CBRE, and the staff will be incorporated with CBRE’s existing environmental, social, and governance (ESG) consulting and sustainability support services team. Johnson is going to be the top expert within the merged organization, while Forcellati is going to be the new director of client sustainability technique and options.
David Fogarty, who has led CBRE’s ESG Consulting and Sustainability Providers group in Asia since 2022, definitely will direct the expanded crew at Paia from CBRE.
Moray Armstrong, managing director of CBRE Singapore, claims the arrival of Paia’s features will certainly put CBRE at the leading edge of ESG advisory in Singapore and throughout Asia Pacific. “Our experts will affiliate with customers on reporting, training, conformity, benchmarking, building, and carrying out ESG plans. CBRE will absolutely influence the constructed atmosphere.”
On August 1, CBRE revealed that it has acquired Paia Consulting, a Singapore-based sustainability consultatory company. The procurement is side of the New York Stock Exchange-listed international real estate services company’s development of its sustainability advising organization in Asia Pacific.
Carrie Johnson began Paia Consulting and is its founding head. She has more than two decades of experience in sustainability technique, reporting, and environmental issues. Corrado Forcellati, Paia Consulting’s managing executive from 2021, guides firms in Singapore and Southeast Asia integrate sustainability within their business procedures.
In June, United Overseas Bank and Enterprise Singapore started a sustainability consultatory programme for SMEs, in cooperation with Paia Consulting, CDP, Convene ESG, M1, PwC Singapore and TÜV SÜD.
In August 2023, Keppel worked with Bennett Wong, previous major professional at Paia Consulting, to become its team sustainability leading manager. Wong left in July to sign up with professional services company RSM.
