David Fogarty leaves CBRE to head up UN Global Compact Network Singapore

After 14 years with the property giant and three years leading its Asia sustainability team – including the acquisition of Singapore-based Paia Consulting – he will become the new executive director of UN Global Compact’s local chapter.

CBRE's David Fogarty leaving to join UNGC Singapore
David Fogarty has spent 14 years in various roles at real estates services giant CBRE. He was previously investment director for property firm Knight Frank in Australia Image: LinkedIn

The United Nations (UN) Global Compact has appointed David Fogarty from real estate services and investment giant CBRE to lead its Singapore chapter, effective 1 October.

His role will involve leading UN Global Compact Singapore’s strategic direction, strengthening corporate engagement and overseeing key initiatives like its annual summit, the government-backed LowCarbonSG programme and the Singapore Apex Corporate Sustainability Awards.

Fogarty will be replacing Esther Chang, who moved on after over six years as UN Global Compact’s executive director in May to assume the role of chief executive at philanthropic network Asia Philanthropy Circle.

UN Global Compact Singapore is one of the 63 country chapters of the global initiative, which was launched in 2000 by the UN Secretary-General to encourage companies to integrate the sustainable development goals into their core business operations. The Singapore chapter was established in 2004.

Fogarty has been with CBRE for 14 years and relocated to the city-state over three years ago to lead its Asia Pacific environmental, social and governance (ESG) consulting and sustainability services team, which expanded last August from 10 to 27 employees with the acquisition of Singapore-based firm Paia Consulting.

Paia Consulting’s founder Carrie Johnson has stayed on as lead consultant in the combined team, known as Paia FROM CBRE. Meanwhile, the consulting firm’s former managing director Corrado Forcellati was appointed CBRE’s director of client sustainability strategy and solutions.

In response to Eco-Business queries, a CBRE spokesperson said that Forcellati has been heading up its regional sustainability consulting team since March, when Fogarty was redeployed to lead the Investor Solutions business. “As evidenced by both the acquisition and expansion of our customer base, we continue to see significant growth in the region,” the spokersperson stated.

Separately, Eco-Business understands that at least 10 people from CBRE’s Global Workplace Solutions team, which supports clients in developing and implementing sustainability sustainability strategies and achieving decarbonisation goals, were made redundant in the past year. Most of them were in leadership positions.

CBRE declined to comment on the layoffs.

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