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.
CHENGDU, CHINA - Media OutReach Newswire - 29 October 2025 – From October 24 to 27, Chengdu, China, hosted the "Invitation from the Hometown of Pandas–Chengdu Panda Week" series of events in Frank...
Two-Day Event to be Held on 6-7 November Bringing Together Global Investors and Entrepreneurs to Explore New Frontiers in AI, Digital Assets, and Hong Kong’s Role as an International Innovation and...
LISHUI, CHINA - Media OutReach Newswire - 29 October 2025 – At the 78th World Health Assembly in Geneva earlier this year, a rural healthcare project from eastern China drew global attention...
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 October 2025 - VIOMI, a leading global brand specializing in AI-driven water purification technology, officially launched its latest counterto...
HONG KONG SAR - Media OutReach Newswire - 30 October 2025 - The World Health Organization reports that over 3 million people worldwide die each year from indoor air pollution...
SINGAPORE - Media OutReach Newswire - 30 October 2025 - SoftwareOne, a global leader in cloud and software services, today announced a Strategic Collaboration Agreement (SCA) with Amazon Web Serv...
All-New Cardo BEYOND Helmet Represents Two Decades of Innovation Culminating in a Groundbreaking Fusion of Safety, Sound & Intuitive Technology
SYDNEY, AUSTRALIA & WILLINGTON, NEW ZEALAND -...
SHANGHAI, CHINA - Media OutReach Newswire - 30 October 2025 – China Eastern Airlines will launch a new route connecting Shanghai to Argentina via New Zealand by the end of this year, a milestone t...
LOS ANGELES, US / BEIJING, CHINA - Media OutReach Newswire - 30 October 2025 - Hujing Digital Media & Entertainment Group (the "Company"), the cultural and entertainment subsidiary of Alibaba ...
HONG KONG SAR - Media OutReach Newswire - 30 October 2025 - Chubb Life Hong Kong has proudly announced that its "Every Wish Lasts" campaign has won the "Outstanding Integrated Marketing Strategies...
Wage underpayment headlines continue to put pressure on employers of all sizes, revealing how costly payroll mistakes can be for small and medium bu...
In a move to further embed cybersecurity at the heart of its business strategy and deliver sovereign secure-by-design solutions for its customers, A...
