ENGIE has launched a new arm to accelerate sustainability transformation for corporations, cities and governments.
The new arm ENGIE Impact combines services offered by the company’s divisions ENGIE Insight, Ecova UK, Red Engineeringand the Advisory and Advanced Analytics division of Tractebel .
ENGIE Impact will help clients and the parent company with tailored strategy development, execution and tracking.
The company’s headquarters is in New York, today has a portfolio of 1,000 clients, including 25% of the Fortune 500 Companies, across more than 1,000,000 sites
Over 500 companies have made public commitments to sustainability targets in accord with the Paris Agreement, with an increasing amount targeting a zero-carbon objective. More than 90 of the world’s largest cities have joined C40, a network of the world’s megacities committed to climate change, and New York City recently signed the world’s most ambitious carbon reduction goal in history.
But achieving near-term results has been difficult, while long-term business and environmental threats remain: only 15% of those committed companies are on track to achieving these targets and businesses report to have identified over $1 trillion in risk related to climate change. The complexity in identifying and acting on sustainability investments means that countless opportunities go unrealized every day.
“Society is making strides towards a zero-carbon future, but it’s not happening fast enough. Businesses and local governments can significantly accelerate their action against climate change,” said Olivier Biancarelli, Executive Vice President of ENGIE Group. “With ENGIE Impact, and its CEO Mathias Lelievre, we are proud to lead the sustainability transformation and zero-carbon transition with our clients, developing and applying greener profitable solutions, supported by world class expertise and technology.”
“Companies, cities and governments embarking on a path towards zero-carbon face many complex challenges, ENGIE Impact is able to deal with this complexity for them, from strategy to implementation, at the proper speed and scale,” said Isabelle Kocher, CEO of ENGIE Group. “As we eliminate barriers on the path to a zero-carbon world, ENGIE Impact will strengthen and accelerate ENGIE’s overall mission, creating value for our clients and all of the group activities.”