MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

A Leading Sustainable Resources Company: Sindicatum

The Silicon Review
November, 2018

thesiliconreview-assaad-razzouk-ceo-sindicatum-2018Sustainability lies at the heart of its enterprise. We undertake our paintings due to the fact we believe inside the electricity of our organization, of our enterprise and in the significance of what we do in supporting international locations reap their dual dreams of monetary boom and protective the surroundings. As a result, we're particularly encouraged to achieve our dreams.

The important thing markets of South and Southeast Asia are perennially quick of electricity and feature followed robust rules and applications to promote renewable power development. A large proportion of the construct-out of renewable strength capability in these markets will come from allotted power assets (five to 50 MW initiatives). Such projects require a big information of the applicable u . s . a .’s social and financial material, the capacity to operate in tough environments by regarding neighborhood counterparties and the ability to manage smaller belongings price-successfully.

Sindicatum Renewable power corporation Pte. Ltd (Singapore) (“SREC”) develops, owns and operates smooth electricity tasks in South and South East Asia. at the core of SREC’s song document is the confirmed potential to discover, expand, make investments, finance and perform small-scale renewable electricity projects in its goal markets of South and South-East Asia. A key function of every of SREC’s initiatives is a comfy deliver of fuel which guarantees its projects are not restrained in their capacity to generate strength or uncovered to fuel price hazard.

Having advanced and financed 17 renewable strength initiatives, SREC is making ready to expand its asset base with the addition of some of improvement projects in South East Asia and India.SREC is owned via the ISCCP and Sindicatum Sustainable sources.

Sindicatum’sSustainability Pledge

Despite the technologicalprogress, the global economic system stays absolutely depending on “herbal capital” for its lifestyles and increase. The planet’s natural capital consists of all the environment services which we take without any consideration, but are provided free of charge and without which our society couldn't survive. Such services include the provision of water, food, waste decomposition,and sparkling air. along side direct energy sources, including the solar, such offerings are required to create the commodities upon which we rely with a view to stay. As the global economy keeps to make bigger its places needs on this planet which can't be met.

Because the commercial revolution, natural capital has been regularly depleted and commodities from aquatic life to forests have become increasingly more scarce. What’s extra, such commodities are often created from unsustainable, fossil assets, that have a finite life and in the case of fossil fuels, create global environmental danger thru climate alternate.

The conventional monetary model of aid usage is a linear system with the aid of which natural capital is exploited, growing waste, pollution and environmental degradation:

Sindicatum seeks to redress this balance through the production of long-term “sustainable resources”, in order to help displace our reliance on unsustainable sources. We aim to create supplies of key commodities required for the functioning of a global economy which is viable into perpetuity. Through this, we aim to help facilitate the transition to a system which utilizes natural capital without depleting it.

Sustainability is crucial to Sindicatum’s investment approach and to its ability to meet the expectations of its stakeholders – The Companybelieves it has a direct link to its long-term profitable performance. The theme of “resource scarcity” is central to its strategy. Sindicatumbelieves that, globally, economic development (and thus increasing demand for resources) will continue to strain natural resources worldwide.

In an an increasing number of resource-restricted world, it's miles important to paintings inside environmental and social limits and our investment Approval method recognizes this.

The corporation recognizes that all of its investments depend on its relationships with a huge range of stakeholders and, particularly, the local communities wherein our projects are undertaken.Sindicatum’sbusiness model, therefore, seeks to meet, day by day, the very best requirements of sustainability, governance, and moral making an investment, in conjunction with a sturdy emphasis on fitness and safety.

Sindicatum also considers sustainability to be critical to the management of its most crucial asset – its staff. The company aims is to promote a working environment where people feel they are “in it for the long-run”. It aims to ensure people feel they and their contribution are appreciated and that a proper balance between work and their life outside Sindicatum is maintained.

CEO Corner

Assaad Razzouk, CEO:Assaad is Group Chief Executive of Sindicatum Sustainable Resources. At Sindicatum, Assaad is responsible for overall strategy, stakeholder relationships and the project investments managed by Sindicatum’s business units. Under Mr.Razzouk’s leadership, Sindicatum has developed a global portfolio of projects on a principal basis and established and grown business units in Bangkok, Beijing, Jakarta, Manila, New Delhi, Singapore, Taiyuan (Shanxi Province, China) and Washington D.C. Through its local business units, Sindicatum has to date committed more than $400m to greenhouse gas reduction and sustainability projects, 90% of which are in Asia and has won multiple awards testifying to its excellence in sustainability and renewable energy.

From 1993 to 2002, Assaad become an investment banker at Nomura worldwide % in London, in which he became final Deputy Head of world corporate Finance. At Nomura worldwide, he advised on several billion dollars of fairness and debt capital raisings and invested several hundred million bucks of Nomura’s capital in personal equity and major finance investments in the rising markets, every investment resulting in a profitable exit for Nomura.

From 1988 to 1993, Assaad was at charge Waterhouse in big apple town in which his last position become as supervisor, global Capital Markets. At rate Waterhouse, he suggested the authorities of Indonesia at the privatization of nation-owned enterprises from 1991 to 1993, with an emphasis at the transportation zone, and specialized in advising Fortune 500 organizations in go-border established rent financings.

Assaad’s outside interests include founding South East Asia’s first Middle Eastern contemporary art gallery, Sana Gallery. He is a graduate of Syracuse University (Summa Cum Laude) and holds an MBA from Columbia Business School. 

“We are the developer, owner,and operator of clean energy projects in key markets that are perennially short of electricity, particularly in non-urbanized areas.”

YOU MAY ALSO LIKE

Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC financial institution is Qfix's essential distribution associate Pine Labs has introduced that it has acquired Qfix, a Mumbai-based totally on-line payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand through launching its new office inside the usa’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra lifestyle, a popular name within the Indian fashion retail section, lately made an announcement that the company is increasing its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The continued Covid pandemic had notably accelerated the quantity of cell and internet customers international. The high quantity of usage is anticipated to drop...

RECOMMENDED