“We aim to create supplies of key commodities required for the functioning of a global economy which is viable into perpetuity”: Sindicatum

We believe that, globally, economic development (and thus increasing demand for resources) will continue to strain natural resources worldwide.

Despite technological progress, the global economy remains entirely dependent on “natural capital” for its existence and growth. The planet’s natural capital includes all of the ecosystem services which we take for granted, but are provided for free and without which our society could not survive. Such services include the provision of water, food, waste decomposition, and fresh air. In conjunction with direct energy sources, such as the sun, such services are required to create the commodities upon which we rely in order to live. As the global economy continues to expand it places demands on the planet which cannot be met.

Since the industrial revolution, natural capital has been gradually depleted and commodities from aquatic life to forests have become increasingly scarce. What’s more, such commodities are often produced from unsustainable, fossil sources, which have a finite life and in the case of fossil fuels, create global environmental risk through climate change.

The traditional economic model of resource utilization is a linear process by which natural capital is exploited, creating 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. Sindicatumaims to help facilitate the transition to a system which utilizes natural capital without depleting it.

Sindicatum Renewable Energy Company is a developer, owner, and operator of clean energy projects in key markets that are perennially short of electricity, particularly in non-urbanized areas.At the core of SREC’s track record is the proven ability to identify, develop, invest, finance and operate small-scale renewable energy projects in its target markets of South and South-East Asia. A key feature of each of SREC’s projects is a secure supply of fuel which ensures its projects are not constrained in their ability to generate power or exposed to fuel price risk.

A Leading Sustainable Resources Company

The company’s key markets of South and Southeast Asia are perennially short of power and have adopted strong policies and programs to promote renewable energy development. A significant proportion of the build-out of renewable energy capacity in these markets will come from distributed energy assets (5 to 50 MW projects). Such projects require substantial knowledge of the relevant country’s social and economic fabric, the ability to operate in difficult environments by involving local counterparties and the skill to manage smaller assets cost-effectively.

Having developed and financed 17 renewable energy projects, SREC is preparing to expand its asset base with the addition of a number of development projects in South East Asia and India.

Sustainable Investing

Sustainability is crucial to Sindicatum’s investment approach and to its ability to meet the expectations of its stakeholders – Sindicatum believes it has a direct link to its long-term profitable performance. The theme of “resource scarcity” is central to the firm’s strategy. Sindicatum’sinvestment thesis is based on the premise that such macro-trends will have an important influence on the pricing of increasingly scarce resources such as energy, water, agricultural resources, and clean air. In an increasingly resource-constrained world, it is crucial to work within environmental and social limits and its Investment Approval Process recognizes this.

Sindicatum: Sustainability is integral to our business

Sindicatum recognizes that all of its investments depend on its relationships with a wide range of stakeholders and, in particular, the local communities where its projects are undertaken. The firm’s business model, therefore, seeks to meet, daily, the highest standards of sustainability, governance, and ethical investing, along with a strong emphasis on health and safety.

Belaud the brilliance

Assaad Razzouk, CEO: Assaad is Group Chief Executive of Sindicatum Sustainable Resources. At Sindicatum, Assaad is responsible for the overall strategy, stakeholder relationships and the project investments managed by Sindicatum’s business units. Under Assaad’s leadership, Sindicatum has developed a portfolio of renewable energy projects on a principal basis and established and grown business units in Bangkok, Beijing, Jakarta, Manila, New Delhi, and Singapore. Assaad is also CEO of the Reneum Institute, a Singapore start-up intending to digitize and democratize renewable energy; an Advisory Board member of Eco-Business; a Board member of EB Impact, the Singaporean non-profit organization focused on delivering training and programs to Asia Pacific’s underserved communities to generate positive sustainable development; host of The Angry Clean Energy Guypodcast; a member of the International Council of the National University of Singapore Yong Loo Lin School of Medicine; and an occasional contributor to the Huffington Post, Eco-Business, Forbes, the Independent, the Ecologist and others.

With his hands-on experience in clean energy combined with his other roles, Assaad is a high-profile thought leader on climate change, clean energy and the UN climate talks with more than 130,000 followers on Twitter, 100,000 on Facebook, 135,000 on LinkedIn and widely-read newspaper columns.

Assaad is a graduate of Syracuse University (summa cum laude) and holds an MBA from Columbia University in New York and a Doctor of Philosophy (Ph.D.) HonorisCausa in Climate Change, Sustainable Development, and International Cooperation from Teri University in India.

“Sustainability lies at the heart of our business. We undertake our work because we believe in the strength of our company, of our business and in the importance of what we do in helping nations achieve their dual goals of economic growth and protecting the environment.”