Gift helps drive sustainability impact
Innovo, the fully integrated global business operating across all facets of the built environment, has provided £100,000 in seed funding to London Business School (LBS) to further the School’s sustainability agenda.
LBS is recognised among the best business schools in the world and is committed to embedding sustainability at the heart of its activity. Its Forever Forward fundraising campaign aims to ensure the LBS community has a profound impact on today’s world.
François Ortalo-Magné, Dean of LBS, said: “Innovo’s investment will amplify London Business School’s impact in the fields of sustainability and climate change, and benefit future generations.
“As a school, we have a clear responsibility to lead by example and encourage the wider adoption of sustainable business practices. But we cannot achieve our ambitions alone.
“We are deeply grateful to Innovo for this generous gift; such funding is critical if we are to realise a more sustainable future.”
Innovo is committed to introducing smart technology and innovative sustainability practices to positively disrupt the traditional sectors in which it operates and, in doing so, deliver social value to the communities it serves.
Bishoy Azmy, CEO of Innovo and a 2013 graduate of LBS’s EMBA Dubai programme, said: “As a purpose-driven business with sustainability at our core, we acknowledge the impact that our industry in general has had on the planet. The built environment accounts for 40% of global carbon emissions, and we are in a strong and privileged position to change the narrative.
“I am delighted that we have provided seed funding for LBS’s sustainability agenda. Our commitment to uncovering, deploying and leveraging disruptive technologies, challenger business models and innovative design and engineering methods to deliver sustainable and resilient spaces, infrastructure and communities will inform our partnership with LBS and this investment in the future.”