CBRE acquires Singapore-based sustainability advisory firm Paia Consulting
Moray Armstrong, managing director of CBRE Singapore, states the arrival of Paia’s functions will place CBRE at the leading edge of ESG advisory in Singapore and throughout Asia Pacific. “Our experts will associate with customers on reporting, education, conformity, benchmarking, establishing, and implementing ESG systems. CBRE will efficiently influence the developed environment.”
In June, United Overseas Bank and Enterprise Singapore launched a sustainability advising program for SMEs, in partnership with Paia Consulting, CDP, Convene ESG, M1, PwC Singapore and TÜV SÜD.
David Fogarty, who has actually led CBRE’s ESG Consulting and Sustainability Providers group in Asia since 2022, definitely will lead the extended team at Paia from CBRE.
Anshuman Magazine, CBRE consultatory division ceo, India, Southeast Asia, Middle East, and Africa, states the purchase will have an impact across the APAC region. “The greater level of understanding and interest in sustainability is growing amongst companies, and increasing guidelines will certainly give a motivation for them to build sustainability techniques and to demonstrate progress on their implementation.”
Supporting the procurement, the company is going to be renamed Paia from CBRE, and the workers will be integrated with CBRE’s presenting environmental, social, and governance (ESG) consulting and sustainability services team. Johnson will most likely be the major professional under the combined organization, while Forcellati is going to be the new supervisor of customer sustainability strategy and solutions.
On August 1, CBRE announced that it has recently gotten Paia Consulting, a Singapore-based sustainability consultatory firm. The procurement is part of the New York Stock Exchange-listed international real estate services firm’s growth of its sustainability advising business in Asia Pacific.
In August 2023, Keppel worked with Bennett Wong, previous primary consultant at Paia Consulting, to become its team sustainability senior manager. Wong left in July to join professional services company RSM.
Carrie Johnson started Paia Consulting and is its starting executive. She has over 20 years of expertise in sustainability method, reporting, and ecological issues. Corrado Forcellati, Paia Consulting’s supervising executive since 2021, guides companies in Singapore and Southeast Asia include sustainability into their business procedures.
