The facility extends GEODIS’ contract logistics capabilities in India to support the e-commerce boom with advanced warehousing solutions for retailers

NEW DELHI, INDIA – Media OutReach – 6 October 2021 – GEODIS, a global leading transport and logistics services provider, today announced the upcoming launch of a new multi-user facility at the LOGOS Logistics Estate in Luhari, 60 kilometres north of Delhi.  This will support the rapidly growing needs of GEODIS clients within the retail sector. Developed by LOGOS, one of Asia Pacific’s top logistics property groups, the new purpose-built facility offers both a modern infrastructure and an extensive space that allows GEODIS to fully optimize its contract logistics offerings to the Indian market which is currently experiencing unprecedented demand.

GEODIS to Open New Multi-User Facility in Luhari to Seize Strong Growth Opportunities in India’s Retail Supply Chain

The shift towards online shopping and omnichannel platforms, accelerated by the pandemic, has compelled retailers to seek logistics operators who can provide the sheer capacity to manage large merchandise inventory, along with the necessary tools to ensure both real-time and end-to-end visibility. The 26,654 sqm warehouse will have a state-of-the-art storage system consisting of both selective and very narrow aisle (VNA) pallet racks.  Equipped in this way, the new facility addresses retailers’ concerns regarding space availability and packing efficiency to ramp up order processing procedures.

The LOGOS Luhari Logistics Estate is strategically located within close proximity to other large industrial clusters, including Bawal, Bhiwadi, and Dharuhera, as well as the central business districts of Gurugram and Delhi, the International Airport and National Highway 48.  The location is a prime spot for manufacturers and retailers alike, who wish to strengthen their presence in New Delhi and Northern India. With these strong networks in place, GEODIS’ customers can look forward to faster and more reliable delivery options when the facility officially opens in March 2022.

“The new facility in the LOGOS Luhari Logistics Estate ushers in a new era for GEODIS’ contract logistics capabilities and reinforces the company’s commitment to being a strategic growth partner for our retail and e-commerce customers,” said Lakshmanan Venkateswaran, Sub-Regional Managing Director, South Asia, GEODIS. “We look forward to unveiling the facility and its potential to strengthen both our own and our partners’ presence in an industry that is currently undergoing a great deal of change.”

CEO of LOGOS’ India business, Mehul Shah, added: “This is our first partnership with GEODIS and we are pleased to be working with them to deliver their state-of-the-art facility at Luhari. LOGOS is committed to establishing a new benchmark of high quality and sustainable logistics warehousing in India to support the critical infrastructure services needed and our work with GEODIS is another step in achieving this. We look forward to supporting GEODIS’s real estate needs throughout India and Asia.”

The Luhari Estate will incorporate market leading sustainability and environmental initiatives including 20 acres of Miyawaki Forest Plantation, solar power generation and distribution for warehouse and common infrastructure energy provision in line with both partners’ commitments to care for the environment. State of the art monitoring to measure warehousing air circulation, temperature, energy and water usage will also be employed within the Estate in conjunction with heat mapping on the movement of trucks and people throughout the property.  Such operational control will also influence the future design requirements of logistics estates. 

GEODIS – www.geodis.com

GEODIS is a global leading transport and logistics services provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a global network spanning nearly 170 countries, translates in top business rankings, #1 in France and #7 worldwide. In 2020, GEODIS accounted for over 41,000 employees globally and generated €8.4 billion in sales.

#GEODIS

HONG KONG SAR – Media OutReach – 6 October 2021 – One of the world’s largest professional accounting bodies, CPA Australia, has joined 12 global accounting bodies to commit to net zero greenhouse gas emissions. Today’s global commitment comes as an exclusive survey conducted by CPA Australia shows that eighty-five per cent of local accountants are committed to doing their part to achieve net zero emissions.

CPA Australia surveyed nearly 300 Hong Kong-based accounting and financial professionals across a range of industries about environmental sustainability. Seventy-seven per cent of respondents believe it is important for CPA Australia to commit to a net zero greenhouse gas emissions pathway, providing strong support for becoming a signatory to the global commitment.

Seventy-five per cent of respondents agree that the accounting profession has a key role to play in achieving net zero emissions. This acknowledges the reality that accountants work in every sector of the economy. Achieving net zero emissions requires the skills and knowledge of accounting professionals, who are eager to help chart a course of action.

CPA Australia Chief Executive Andrew Hunter said, “The accounting profession occupies a privileged position in the global economy. As trusted advisers, we’re privy to deep business insights about sustainability risks and opportunities. This knowledge creates an obligation to use our skills to protect our environmental heritage. CPA Australia is a global organisation in a global profession and we’re proud to be part of the global response to climate change.”

CPA Australia acknowledges the impact of climate change and the urgency of taking action to achieve net-zero emissions. Therefore, we have pledged to achieve net zero greenhouse gas emissions within our organisation and to provide sound advice to governments for a just transition to a net zero economy.

Ninety per cent of surveyed members indicated that they wished to increase their knowledge of environmental, social and governance (ESG) issues. As part of our commitment, we have also committed to providing training and guidance to our members to support them in reducing emissions in their own organisations and businesses.

Mr Janssen Chan, FCPA(Aust.) Divisional President of CPA Australia 2021 in Greater China, said, “The HKSAR has set a goal to become carbon neutral before 2050 and pledged to update the ‘Hong Kong’s Climate Action Plan’ to set out more proactive strategies and measures to reduce carbon emissions.

“In the past two years, CPA Australia’s members in Hong Kong have been actively collaborating with financial institutions to develop the conceptual frameworks for sustainability reporting and advocate for the sustainable growth in the business community.

“In the latest Hong Kong Policy Address, CPA Australia has proposed twelve recommendations to the SAR Government to further promote ESG integration and green finance in Hong Kong. These measures aim to drive different-sized enterprises to support Hong Kong’s sustainable growth, such as providing SMEs access to resources and skills to assist them integrate ESG into their business models, allocating resources for public sector decarbonisation and developing a hydrogen economy plan.

“To assist mainland China’s climate goal, seventy-eight per cent of members support Hong Kong being a regional carbon credit trading hub, as they recognise this is also an opportunity to expand green and sustainable finance,” Chan said.  

The global accounting profession’s net zero commitment is an initiative of The Prince of Wales’ Accounting for Sustainability (A4S) Project Accounting Bodies Network (ABN), of which CPA Australia is a member. This network represents over 2.5 million professional accountants and students across 179 countries.

CPA Australia is one of the only accounting bodies in the world to produce an Annual Integrated Report that has received Limited Assurance under the entire <IR> framework. We will report our progress against the net zero commitment in our Integrated Report.

Read the Net Zero Commitment here.

About CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 168,000 members in over 100 countries and regions, including more than 20,000 members in Greater China. CPA Australia has been operating in Hong Kong since 1955 and opened our Hong Kong office in 1989. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au

#CPAAustralia

NEW DELHI, INDIA – Media OutReach – 6 October 2021 – One of the world’s largest professional accounting bodies, CPA Australia, has joined 12 global accounting bodies to commit to net zero emissions and provide guidance to members on reducing emissions. This can help meet the growing demand for sustainability reporting by Indian companies.

We acknowledge the impact of climate change and the urgency of taking action to achieve net-zero emissions. The accounting profession has a significant role to play. Accountants work in every sector of the economy. Achieving net zero emissions requires the skills and knowledge of accounting professionals, who are eager to help chart a course of action.

CPA Australia Chief Executive Andrew Hunter said, “The accounting profession occupies a privileged position in the global economy. As trusted advisers, we’re privy to deep business insights about sustainability risks and opportunities. This knowledge creates an obligation to use our skills to protect our environmental heritage. CPA Australia is a global organisation in a global profession and we’re proud to be part of the global response to climate change.”

As part of our commitment, we have pledged to achieve net zero greenhouse gas emissions within our organisation and to provide sound advice to governments for a just transition to a net zero economy. We have also committed to providing training and guidance to our members to support them in reducing emissions in their own organisations and businesses.

In India, the recent Business Responsibility and Sustainability Report standards set up by the Securities and Exchange Board of India applies to the top 1000 listed Indian companies by market capitalisation. Leslie Leow, CPA Australia’s General Manager of Emerging Markets said, “There is a growing recognition among listed Indian companies of the obligation to manage their climate change impact. To facilitate this, CPA Australia support’s elevating sustainability reporting to a level of rigour and acceptance comparable to financial reporting.

“CPA Australia provides thought leadership on conceptual frameworks for sustainability reporting and the interaction with financial reporting standards. Our net zero emissions commitment will make a positive contribution to the learning and development of our members on environmental, social and governance issues and enhance the green economy in finance, new technology development and high-quality professions.”

Today’s global launch is an initiative of The Prince of Wales’ Accounting for Sustainability (A4S) Project Accounting Bodies Network (ABN), of which CPA Australia is a member. This network represents over 2.5 million professional accountants and students across 179 countries.

CPA Australia is one of the only accounting bodies in the world to produce an Annual Integrated Report that has received Limited Assurance under the entire <IR> framework. We will report our progress against the net zero commitment in our Integrated Report.

Read the Net Zero Commitment here.

About us

CPA Australia is one of the largest professional accounting bodies in the world, with more than 168,000 members in over 100 countries and regions, including more than 1,000 members in India. Since 2009, CPA Australia and the Institute of Chartered Accountants of India (ICAI) have been signatories to a Mutual Recognition Agreement (MRA). This MRA enables CPA Australia and ICAI to collaborate in the interests of members and the accounting profession and to provide a mutual pathway to dual professional recognition in Australia and India.

CPA Australia’s core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au

#CPA Australia

JAKARTA, INDONESIA – Media OutReach – 6 October 2021 – One of the world’s largest professional accounting bodies, CPA Australia, has joined 12 global accounting bodies to commit to net zero greenhouse gas emissions. CPA Australia says its participation in this global initiative can support Indonesia to achieve its own net zero goal.

Today’s global accounting profession commitment is an initiative of The Prince of Wales’ Accounting for Sustainability (A4S) Project Accounting Bodies Network (ABN), of which CPA Australia is a member. The ABN represents over 2.5 million professional accountants and students in 179 countries.

Earlier this year, the Indonesian Government set a goal of achieving net zero emissions by 2060. This creates a strong demand for qualified accounting professionals capable of steering Indonesia’s economy and business community towards net zero emissions.

CPA Australia acknowledges the impact of climate change and the urgency of taking action to achieve net-zero emissions. The accounting profession has a significant role to play. Accountants work in every sector of the economy. Achieving net zero emissions requires the skills and knowledge of accounting professionals, who are eager to help chart a course of action.   

CPA Australia Chief Executive Andrew Hunter said, “The accounting profession occupies a privileged position in the global economy. As trusted advisers, we’re privy to deep business insights about sustainability risks and opportunities. This knowledge creates an obligation to use our skills to protect our environmental heritage. CPA Australia is an international organisation in a global profession and we’re proud to be part of the joint response to climate change.”

Dr Adi Budiarso, FCPA (Aust.), Director of Financial Sector Policy Center, the Fiscal Policy Agency, The Ministry of Finance, Indonesia, echoed this sentiment. “The accounting profession can help Indonesia achieve its net zero goal by supporting companies to develop strategies to tackle climate change risk and meet international standards on climate change reporting.

“Adapting and mitigating climate change risk requires collaborative efforts by key stakeholders such as corporations, government, society and, of course, accounting professionals. We must work together on planning, reporting, monitoring, and auditing environment, social and governance outcomes for better future,” Dr. Budiarso said.

As part of our commitment, CPA Australia has pledged to achieve net zero greenhouse gas emissions within our organisation and to provide sound advice to governments for a just transition to a net zero emissions economy. We have also committed to providing training and guidance to our members to support them in reducing greenhouse gas emissions in their own organisations and businesses.

The Indonesian Government has recognised the importance of working in tandem with international bodies to strengthen the ESG capability of the talent pool in Indonesia. CPA Australia’s commitment aligns with the increasing demand for ESG competency building in Indonesia to meet the Sustainable Finance Regulation.

By signing this commitment, CPA Australia will be in a better position to support Indonesia with resources and training that will develop the ESG competency and capability of the accounting sector to achieve Indonesia’s net zero goal. 

Read about the Net Zero Commitment here.

About us

CPA Australia is one of the largest professional accounting bodies in the world, with more than 168,000 members in over 100 countries and regions, including more than 20,000 members in South-East Asia. Our Indonesian office, located in Jakarta, opened in 2011. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au

#CPAAustralia

HANOI, VIETNAM – Media OutReach – 6 October 2021 – One of the world’s largest professional accounting bodies, CPA Australia, has joined 12 global accounting bodies to commit to net zero emissions, in a move which will provide support for Vietnam’s net zero goal.

CPA Australia acknowledges the impact of climate change and the urgency of taking action to achieve net-zero emissions. The accounting profession has a significant role to play. Accountants work in every sector of the economy. Achieving net zero emissions requires the skills and knowledge of accounting professionals, who are eager to help chart a course of action.

CPA Australia Chief Executive Andrew Hunter said, “The accounting profession occupies a privileged position in the global economy. As trusted advisers, we’re privy to deep business insights about sustainability risks and opportunities. This knowledge creates an obligation to use our skills to protect our environmental heritage. CPA Australia is a global organisation in a global profession and we’re proud to be part of the global response to climate change.”

CPA Australia has pledged to achieve net zero greenhouse gas emissions within our organisation and to provide sound advice to governments for a just transition to a net zero economy. We have also committed to providing training and guidance to our members to support them in reducing emissions in their own organisations and businesses.

“We see this commitment by CPA Australia as a positive development in leading accountants and financial professionals towards sustainability and enhancing the green economy in finance, new technology development and high-quality job creation”, said Dr. Can Van Luc FCPA (Aust.), Chief Economist of BIDV and Director of BIDV Training and Research Institute. Dr. Luc is also the Chair of North Vietnam Advisory Committee for CPA Australia.

Today’s global launch is an initiative of The Prince of Wales’ Accounting for Sustainability (A4S) Project Accounting Bodies Network (ABN), of which CPA Australia is a member. This network represents over 2.5 million professional accountants and students across 179 countries.

CPA Australia is one of the only accounting bodies in the world to produce an Annual Integrated Report that has received Limited Assurance under the entire <IR> framework. We will report our progress against the net zero commitment in our Integrated Report.

Read the Net Zero Commitment here.

About us

CPA Australia is one of the largest professional accounting bodies in the world, with more than 168,000 members in over 100 countries and regions, including more than 20,000 members in South-East Asia. Our Vietnam offices, located in Hanoi and Ho Chi Minh City, opened in 2008. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at cpaaustralia.com.au

#CPAAustralia