Canopy Sands Development and Alaya Consulting Partner to Champion Sustainable Development in Bay of Lights, Cambodia
PHNOM PENH, CAMBODIA - Media OutReach Newswire - 6 June 2024 - In a bold step towards redefining the urban development landscape in Cambodia, Canopy Sands Development (“CSD”) announced today its appointment of Alaya Consulting (“Alaya”) as the Environmental, Social, and Governance (ESG) consultancy firm for its 934-hectare Bay of Lights project.
Canopy Sands Development (“CSD”) announced its appointment of Alaya Consulting (“Alaya”) as the Environmental, Social, and Governance (ESG) consultancy firm for its 934-hectare Bay of Lights project.
The appointment of Alaya by CSD is a strategic move to ensure that the Bay of Lights leverages its data-driven expertise to integrate comprehensive sustainability strategies into the project. CSD believes that sustainable practices can lead to cost savings, increased operational efficiency, and enhanced development values, positioning itself for sustained success and positive impact.
“We are excited to partner with Alaya to drive the sustainability agenda for the Bay of Lights project forward. This appointment reaffirms our commitment to creating sustainable and resilient communities that prioritize both environmental stewardship and social responsibility,” said Jimmy He, Managing Director of CSD.
The Bay of Lights project is an ambitious coastal development aimed at redefining urban living with a focus on sustainability and innovation. This mixed-use development will feature some of the key sustainability features below.
•Public Transportation Integration: Emphasizes transit-oriented development to reduce reliance on private vehicles, thereby lowering traffic congestion and emissions.
•Walkability and Cycling: Designed to promote walkability and cycling, with all key areas within a 5–10-minute walk or bike ride, reducing the need for car travel, encouraging physical activity, and contributing to a healthier environment.
•Energy Efficiency: Aims to commit to energy-efficient designs and green building certifications to ensure long-term environmental benefits.
Alaya, a pioneer in ESG consulting in Hong Kong, brings a wealth of experience and a track record of successful projects in the sector. Since its inception, Alaya has completed over 500 ESG reports and is the first ESG consultancy in Asia approved for science-based emissions target setting.
“We believe our combined efforts will serve as a model for future projects, demonstrating how modern urban developments can harmonize with nature and benefit the community,” said Tony Wong, Founder of Alaya. “By leveraging our extensive ESG expertise, we aim to set new standards for sustainable urban development in Cambodia,” he added.
Beyond the Bay of Lights project, Canopy Sands Development is actively advancing sustainability through a range of initiatives. At the Global Climate Action Forum 2024, the company reaffirmed its dedication to sustainable urban development, spotlighting the Bay of Lights as a flagship project exemplifying their environmental commitment.
Hashtag: #CanopySands
The issuer is solely responsible for the content of this announcement.
Canopy Sands Development
Canopy Sands Development is a pioneering real estate development company, established in 2019 and headquartered in Phnom Penh, Cambodia. Led by a dynamic team of highly experienced professionals, both local and international, Canopy Sands Development is committed to laying the foundations that catalyze economic opportunities. With each project, it aims to create a significant economic, social, and educational impacts, delivering sustainable and lasting benefits to Cambodian communities.
Alaya Consulting
Alaya Consulting is a specialist advisory firm focused on ESG disclosure, pre-assurance, and training. As the first ESG consultancy in Asia to have a Science Based Target approved, Alaya Consulting leverages its sustainability expertise and cross-industry experience to empower clients and create long-lasting value while fostering continuous growth. The Alaya team comprises professionals with diverse experiences, blending compliance, process improvement, stakeholder engagement, and training, aiming to combine insights with passion to solve reporting and communication challenges and to earn the trust of all its stakeholders.
When planning a trip, transportation is one of the most crucial considerations. For many, the go-to option is renting a car at the airport for convenience. But what if we told ...
You know that feeling you get when you take a breath of fresh air in nature? There may be more to it than a simple lack of pollution.
When we think of nutrients, we think of t...
With Christmas just around the corner, FedEx is advising Australian shoppers to get their presents sorted early to ensure they arrive on time for the big day. FedEx has reveale...
The Wage Price Index’s quarterly increase of 0.8% has been met with mixed reactions. While Australian wages continue to increase, it was the smallest increase in two and a half...
Australian parents find themselves confronting a key decision: should they hold back their child on the age border for another year before starting school? Recent research from...
The launch of MezFi today [Friday 15th November] marks a watershed moment in Australian investment history – not just because we're introducing something entirely new, but becaus...
If you have been around for long enough, you might have seen the tech evolution affecting life. This has significantly influenced the way we get entertained and stay busy. Gone are the days when kids would spend hours playing games in the backyar...
High authority backlinks have emerged as a critical aspect in boosting organic traffic and enhancing search engine results in the ever-changing SEO environment. While it is crucial to provide captivating and informative content framed with the be...
In the domain of safety and health, the ultimate removal and handling of friable asbestos is important. In western Australia this aspect is ultimately important. Friable asbestos is categorised as very easily crumbly airborne, which poses a serio...
As the world shifts towards sustainable energy sources, residential solar systems have become increasingly popular. At the heart of these systems is a critical component known as the solar inverter. Understanding how a solar inverter works is ess...
When it comes to setting up smart devices, internet connectivity is key. The more connected devices are, the more powerful and convenient our lives can be made. One of the most critical technologies in this regard, at least until now, has been the ...
Packing your shoes and hats for a move can seem like a daunting task. But with a little planning and organisation, it can be done quickly and easily. Here are some tips from removalists Brisbane specialists to help you get started.
Start As Ear...
