CBRE acquires Singapore-based sustainability advisory firm Paia Consulting
Anshuman Magazine, CBRE consultatory department head, India, Southeast Asia, Middle East, and Africa, mentions the purchase will have an impact all over the APAC region. “The greater level of recognition and enthusiasm in sustainability is increasing among businesses, and improving guidelines will certainly give a catalyst for them to construct sustainability strategies and to establish development on their implementation.”
Moray Armstrong, managing supervisor of CBRE Singapore, says the intro of Paia’s capabilities will certainly place CBRE at the lead of ESG advisory in Singapore and across Asia Pacific. “Our specialists will associate with customers on reporting, certification, compliance, benchmarking, establishing, and implementing ESG strategies. CBRE will efficiently impact the constructed setting.”
Supporting the procurement, the company is going to be relabelled Paia from CBRE, and the employee will definitely be incorporated with CBRE’s continuing environmental, social, and governance (ESG) consulting and sustainability programs team. Johnson is going to be the major consultant under the merged organization, while Forcellati is going to be the brand-new administrator of client sustainability strategy and remedies.
In June, United Overseas Bank and Enterprise Singapore introduced a sustainability advisory program for SMEs, in cooperation with Paia Consulting, CDP, Convene ESG, M1, PwC Singapore and TÜV SÜD.
Carrie Johnson started off Paia Consulting and is its starting director. She has over two decades of knowledge in sustainability strategy, reporting, and environmental issues. Corrado Forcellati, Paia Consulting’s supervising supervisor from 2021, helps companies in Singapore and Southeast Asia integrate sustainability into their enterprise operations.
In August 2023, Keppel employed Bennett Wong, previous primary professional at Paia Consulting, to become its team sustainability top manager. Wong left in July to sign up with professional services company RSM.
The Botany at Dairy Farm Singapore
On August 1, CBRE introduced that it has recently obtained Paia Consulting, a Singapore-based sustainability advisory business. The procurement is side of the New York Stock Exchange-listed worldwide real estate services firm’s development of its sustainability advising organization in Asia Pacific.
David Fogarty, that has led CBRE’s ESG Consulting and Sustainability Services team in Asia ever since 2022, will guide the extended crew at Paia from CBRE.
