Monday, 13 Jul 2020
BUSINESS
30/06/2020 12:24 PM

KUALA LUMPUR, June 30 -- ENGIE Impact has expanded its offerings to the Asia-Pacific region to 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. 

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, Bambawale was focused on sustainability strategy consulting for multilateral organisations, governments and the private sector on climate resilience, economic development and clean energy deployment.

ENGIE Impact Chief Executive Officer, Mathias Lelievre said: “We see tremendous innovation coming from Asian cities and businesses and are excited to support embedding sustainability and resiliency into their core strategy. I’m confident in our local teams’ expertise and dedication to this mission, led by Malavika, to deliver on the sustainability ambitions for our clients.”

Stakeholders across the board are demanding more action against climate change from companies and local governments. The volume and intensity of corporate climate commitments are soaring, as more corporations actively work to address climate challenges.

ENGIE Impact’s analysis of the CDP data found there was 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.

ENGIE Impact, supports over 25 per cent of the Fortune 500 with 20 offices worldwide and more than 2,000 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.

-- BERNAMA

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