CBRE acquires Singapore-based sustainability advisory firm Paia Consulting
Carrie Johnson started Paia Consulting and is its founding director. She has more than twenty years of knowledge in sustainability approach, reporting, and environmental concerns. Corrado Forcellati, Paia Consulting’s supervising director since 2021, assists business in Singapore and Southeast Asia incorporate sustainability right into their enterprise procedures.
David Fogarty, who has actually led CBRE’s ESG Consulting and Sustainability Providers team in Asia ever since 2022, will certainly guide the broadened staff at Paia from CBRE.
On August 1, CBRE announced that it has recently obtained Paia Consulting, a Singapore-based sustainability advising company. The procurement is side of the New York Stock Exchange-listed global realty services firm’s expansion of its sustainability advisory service in Asia Pacific.
Anshuman Magazine, CBRE consultatory department president, India, Southeast Asia, Middle East, and Africa, says the procurement will certainly have an impact across the APAC region. “The greater level of understanding and attraction in sustainability is increasing amongst businesses, and increasing guidelines will offer an inspiration for them to develop sustainability approaches and to demonstrate progress on their application.”
In June, United Overseas Bank and Enterprise Singapore launched a sustainability advising programme for SMEs, in partnership with Paia Consulting, CDP, Convene ESG, M1, PwC Singapore and TÜV SÜD.
Moray Armstrong, handling supervisor of CBRE Singapore, says the introduction of Paia’s features will certainly place CBRE at the leading edge of ESG advisory in Singapore and across Asia Pacific. “Our specialists will associate with customers on reporting, education, conformity, benchmarking, developing, and implementing ESG plans. CBRE will absolutely influence the constructed atmosphere.”
Supporting the procurement, the business will be renamed Paia from CBRE, and the staff will be integrated with CBRE’s presenting environmental, social, and governance (ESG) consulting and sustainability programs team. Johnson will most likely be the top consultant within the joined entity, while Forcellati is going to be the new administrator of client sustainability technique and solutions.
In August 2023, Keppel employed Bennett Wong, previous major professional at Paia Consulting, to become its team sustainability top administrator. Wong left in July to join professional services company RSM.
