Cost and a lack of awareness are barely holding back surge in demand for green real estate

Cost and a lack of awareness are barely holding back surge in demand for green real estate

There is growing demand for green real estate in the APAC region, despite ongoing challenges in raising awareness and the higher costs involvedThe new RICS Global Sustainability Report for 2023 claims that there is growing demand for green real estate in the APAC region, despite ongoing challenges in raising awareness and the higher costs involved. The publication sets out to outlines the state of the world’s green and sustainable real estate and investor interest in acquiring and developing it. More →

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. More →

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

To facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectorsTo facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of progress towards net-zero emissions for eight industries – steel, cement, aluminium, ammonia, excluding other chemicals, oil and gas, aviation, shipping and trucking – which depend on fossil fuels for 90 percent of their energy demand and pose some of the most technological and capital-intensive decarbonization challenges. More →

Economies need to cut carbon emissions by 7 percent annually to hit Paris target

Economies need to cut carbon emissions by 7 percent annually to hit Paris target

In the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goalsIn the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goals. According to a report by the Alliance of CEO Climate Leaders, in collaboration with the Boston Consulting Group (BCG), emissions must be cut back by 7 percent each year from now until 2030 to limit global warming to 1.5°C, as agreed in Paris in 2015. More →

Manufacturers have sustainability strategies in place but progress remains slow and patchy

Manufacturers have sustainability strategies in place but progress remains slow and patchy

Two-thirds of board-level executives at UK-based manufacturing companies agree that sustainability is a high priority and a third have decarbonisation plans in place, but according to new research conducted by management consultancy, Vendigital, progress in decarbonising products, processes, and supply chains is patchy at best, and this could cause UK industry to fall behind global competitors in the race to net zero. More →

Sustainability and skills at heart of RICS’ new manifesto for the built environment

Sustainability and skills at heart of RICS’ new manifesto for the built environment

The built environment needs to reflect the change in workforce behaviour and its approach to sustainabilityThe Royal Institution of Chartered Surveyors (RICS) is launching its manifesto for the built environment in the lead-up to the next UK General Election, titled Empowering a Sustainable Future. The UK’s built and natural environments face large-scale challenges ranging from climate change to a cost-of-living crisis. According to the manifesto, endemic skills shortages undermine development in the industry while the workplace has become more fluid post-pandemic, with the built environment needing to reflect the change in workforce behaviour and its approach to sustainability. More →

Remote and hybrid working may have significant impact on carbon footprint

Remote and hybrid working may have significant impact on carbon footprint

Fully remote workers can have a 54 percent lower carbon footprint compared with fully in-office workers and hybrid working also helps to cut emissionsFully remote workers can have a 54 percent lower carbon footprint compared with fully in-office workers, and all forms of remote and hybrid working have the potential to cut emissions, according to a new study from researcher at Cornell University and sponsored by Microsoft. The authors conclude that lifestyle choices and work arrangements playing an essential role in determining the environmental benefits of remote and hybrid work. More →

Boasting about ESG credentials can really put people off a business

Boasting about ESG credentials can really put people off a business

31 percent said they were “put off” a business that talks a lot about their ESG initiatives in the media and on social media.Efforts by some businesses to promote their environmental and social impact on society are pushing some customers away and risk damaging their reputations, according to a poll conducted by public relations agency, Clearly PR. Of the 2,072 business leaders, entrepreneurs, and marketing professionals polled, 31 percent said they were “put off” a business that talks a lot about their ESG initiatives in the media and on social media. More →

Half of firms won’t meet 2030 decarbonisation target, report claims

Half of firms won’t meet 2030 decarbonisation target, report claims

Fewer than 50% of organizations expect to meet decarbonisation targets by 2030, study reveals A new report from Siemens Infrastructure claims that there is limited agreement amongst businesses on how best to progress towards a decarbonised and resource-efficient world and under half expect to meet their net zero targets based on current thinking. According to the Transition Monitor 2023: The Great Divide on The Path to Net Zero report, whilst more than half of those surveyed believe the infrastructure transition is accelerating in their region, a quarter of senior executives said that progress on decarbonisation is “too slow”, while 29 percent believe progress is “coordinated”, and 31 percent describe it as “on target”. More →

From ego to eco – a universal approach to  workplace transformation

From ego to eco – a universal approach to workplace transformation

Going from ‘ego to eco’ extends beyond the narrow confines of the workplace and our personal and professional lives, additionally it is not just confined to ecology and the environmentYou might quite rightly be thinking about the relevance of such a ‘hippy, dippy’ soundbite on the hard-hitting world of work and the workplace, especially in this climate of uncertainty with a myriad of challenges facing business, the workforce and commercial real estate globally. I first heard the phrase ‘going from ego to eco’ at a series of presentations cum incubator events EverythingOmni ran with participants of all ages/backgrounds/career levels representing 18 countries on the Uncertainty of Work.

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Why Wellworking decided to become the latest B Corporation

Why Wellworking decided to become the latest B Corporation

A Wellworking core principles is to work towards a sustainable and socially responsible future. B Corp Certification has provided us with a framework with which to approach thisPutting people and the planet above profits may not appear at first glance to be a recipe for financial success for a company like Wellworking, but becoming a Certified B Corporation company is proving good for business and something that the furniture industry can play a big role in. You may have seen the B Corp logo on a shop door or the back of a van and wondered what exactly it means. Well if I could sum that up after a certification process that has been rigorous, challenging and above all, rewarding, I would say that it’s about putting people and the planet first. More →

First look at Sustainable Design China Summit taking place in Beijing this September

First look at Sustainable Design China Summit taking place in Beijing this September

Following on from its successful launch last year, the Sustainable Design China Summit returns for 2023.Following on from its successful launch last year, the Sustainable Design China Summit returns for 2023. The event, an evolution of Design China Beijing, is held at the Beijing Exhibition Center from 21-23 September 2023 and is a must-visit for designers, architects, developers, and decision makers looking to design a sustainable future. More →