ENGIE Impact, the solutions and services company that’s 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.
“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.”
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.”
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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 Impact’s 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.
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