ENGIE Impact expands its global efforts to Asia-Pacific

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

ENGIE Impact, the solutions and services company thats accelerating sustainability transformation worldwide, has expanded its offerings to the Asia-Pacific region, where the company will help businesses, cities and governments develop sustainability strategies and implement solutions to drive economic and environmental benefits. There is an urgent worldwide call for action to address climate change, and ENGIE Impact is growing to meet the increased demand for its solutions and services to accelerate sustainability transformation. ENGIE Impact, supports over 25% of the Fortune 500 with 20 offices worldwide and more than 2000 employees. Asia is growing at a more rapid rate than other regions, and the time is now to course-correct the regional trajectory and lock a more sustainable pathway.

Leading the Asia-Pacific strategy and team is Managing Director Malavika Jain Bambawale, who brings 20 years of experience from the sustainability industry. Before joining ENGIE Impact, Malavika was focused on sustainability strategy consulting for multilateral organizations, governments and the private sector on climate resilience, economic development and clean energy deployment.

Many Asian countries are highly focused on reaching the peak of their economic progress and sustainability does not always naturally rise to the top of the agenda for all stakeholders, said Bambawale. But sustainability and decarbonization is no longer a trade-off decision, it is an imperative that, if well planned, can help us save costs and unlock new pools of value in the future.

Stakeholders across the board are demanding more action against climate change from companies and local governments. The volume and intensity of corporate climate commitments is soaring, as more corporations actively work to address climate challenge. According to ENGIE Impacts analysis of the CDP data, there is a three-fold increase in the average size of annual carbon reduction targets companies are setting, and the time horizon to achieve those targets is shrinking. From 2005 to 2017, the average time to meet goals dropped from 26 years to just eight years.

But achieving results is difficult “ in Asia, for example, organizations are facing the challenge of developing scalable sustainability roadmaps, effective green energy strategies, and now, determining coronavirus recovery efforts. ENGIE Impact analysis also shows that 74% of companies in the Asia-Pacific area have sustainability commitments yet only 36% of these companies are on track to meet their goals. ENGIE Impacts extension into the region will offer support to these corporations to help plan, strategize and execute their sustainability goals.

ENGIE Impact serves clients with locations around the world, so having deep, in-region expertise of the Asia-Pacific is critical to our ability to enable sustainability transformation to leading organizations, said Mathias Lelievre, CEO, ENGIE Impact. We see tremendous innovation coming from Asian cities and businesses and are excited to support embedding sustainability and resiliency into their core strategy. Im confident in our local teams expertise and dedication to this mission, led by Malavika, to deliver on the sustainability ambitions for our clients.

About ENGIE Impact

ENGIE Impact delivers sustainability solutions and services to corporations, cities and governments across the globe. ENGIE Impact brings together a wide range of strategic and technical capabilities, to provide a comprehensive offer to support clients in tackling their complex sustainability challenges from strategy to execution. With 21 offices worldwide and headquarters in New York City, ENGIE Impact today has a portfolio of 1,000 clients, including 25% of the Fortune 500 Companies, across more than 1,000,000 sites.

ENGIE Impact is part of the ENGIE Group, a global leader in the zero-carbon transition. For more information on ENGIE Impact, please visit https://www.engieimpact.com.

About ENGIE

Our group is a global reference in low-carbon energy and services. Our purpose (raison dªtre) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

Turnover in 2019: 60.1 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

ENGIE Impact

SuiChing Low

[email protected]