February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. (more…)

February 9, 2022

Climate change risk should be factored in to investment decisions

by Neil Franklin • Environment, News

Ahead of mandatory requirements to disclose climate change related risks coming into force in April 2022, the UK Green Building Council (UKGBC) has published a new Framework providing businesses with a consistent methodology for measuring climate-related risks across their built assets, as well as empowering asset owning businesses of all sizes to better understand and plan for the physical risks of climate change. (more…)

February 7, 2022

Net zero climate pledges of major companies hide their true intentions

by Neil Franklin • Environment, News, Property

The headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40 percent on average, not 100 percent as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. It evaluates 25 major companies – operating across different sectors and geographies – to determine the transparency and integrity of their headline climate pledges. (more…)

February 3, 2022

Working from home fuels concerns for energy consumption

by Sara Bean • Environment, Features, Flexible working

Back in February 2020, consulting firm WSP UK published some interesting research that revealed those working from home during the summer saved around 400kg of carbon emissions, the equivalent of 5 percent of a typical British commuter’s annual carbon footprint. The catch was that it was just a seasonal benefit. If an average employee worked at home all year round, they would produce 2.5 tonnes of carbon per year – around 80 percent more than an office worker. This is because, during the winter, most heating systems in Britain heat the whole house, which produces far more carbon emissions than would be produced from the commute. (more…)

January 18, 2022

Cities need to open themselves up to Nature, report claims

by Jayne Smith • Cities, Environment, News

Cities contribute 80 percent to global GDP – but they also account for 75 percent of global greenhouse gas emissions. Integrating nature-positive solutions can help protect cities from growing risks associated with extreme weather while driving sustainable economic growth, according to a new study from the World Economic Forum. In collaboration with the Alexander von Humboldt Institute and Government of Colombia, WEF’s BiodiverCities by 2030 Initiative published a report addressing the urgency of cities’ untenable relationship with nature. The Initiative’s goal is to reverse this existential global threat and move forward with a plan that will result in cities and nature co-existing in harmony by the end of the decade. (more…)

January 10, 2022

People want employers to open up about environmental impact

by Neil Franklin • Environment, News

Research from?PLAY, a product development studio, suggests that more than three-quarters of people (77 percent) want the company they work for to be more transparent about their environmental impact. (more…)

December 14, 2021

Councils can meet net zero targets with help of building renovation

by Jayne Smith • Environment, News, Property

The UK Green Building Council (UKGBC), together with the World Green Building Council, several European Green Building Councils, Climate Alliance and the Buildings Performance Institute Europe, has published a framework to support cities and local authorities to measure the impacts and wider benefits of building retrofit as a way of meeting their net zero targets. (more…)

December 14, 2021

Corporate boards struggle to act on climate change

by Jayne Smith • Business, Environment, News

Heidrick & Struggles (Nasdaq: HSII) in partnership with INSEAD, have published a report titled Changing the Climate in the Boardroom. The report addresses corporate leadership’s take on climate change, what boards around the world are currently doing to address climate change, and what they should be doing moving forward. (more…)

December 6, 2021

We must wake up to the realities of workplace sustainability

by Oliver Cripps • Comment, Environment, Workplace design

Sustainability has been steadily moving up the business agenda over the past few years, with COP26 placing more emphasis on the need for organisations to demonstrate that their operations are sustainable and lessening their overall impact on the planet. Many businesses may feel daunted by the challenges ahead, and there are certainly big steps that need to be taken in order to reduce corporate carbon footprints and move to more sustainable models. (more…)

November 30, 2021

Government publishes Net Zero guidance for buildings

by Neil Franklin • Environment, News, Property

A new guide to decarbonising public sector buildings and creating a net zero public estate has been launched by the Cabinet Office. The authors of The Net Zero Estate Playbook claims it will ensure consistent approaches, such as using solar panels, LED lighting and greener building materials, are applied across public buildings as they help decarbonise Britain’s largest property portfolio. (more…)

November 22, 2021

Real estate players join forces with Urban Land Institute to fast-track decarbonisation

by Jayne Smith • Environment, News

The Urban Land Institute (ULI) has kicked off a new project in partnership with several major real estate organisations – including Allianz Real Estate, Catella, Hines, Redevco and Schroders Capital – that will support the built environment in Europe on its urgent journey to carbon neutrality. (more…)

November 18, 2021

Time to stop playing around with the issue of workplace sustainability

by Joanna Knight • Environment, Facilities management, Features, JK, Workplace design

The so-called green agenda, sustainability and climate change have finally hit centre stage. Various announcements are being made by UK Government and numerous high profile figures are crying a call to action to implement carbon reduction plans now. Lord Mayor of the City of London, Alderman William Russell, stated at the Annual Lord Mayor Gresham Lecture early in 2021: “Climate change is a bigger threat to the world than COVID-19.” He called on the financial and professional services sector to take urgent action to tackle climate change and ensure sustainability is at the heart of every financial decision. (more…)