Climate change emergency demands more and better action

Climate change emergency demands more and better action

by • Environment, News

Davos and climate changeFour years after the Paris Climate Agreement, tangible action from governments is falling well short of what is needed to restrict global warming to 1.5° Celsius. Meanwhile, the actions of the majority of businesses that do support emissions reductions also currently fall far short of where they need to be to address climate change. A new impetus for 2020 to raise company ambitions to net zero emissions by 2050 at the latest, is required. These are the findings of a new report, The Net Zero Challenge published by the World Economic Forum. More →

Growing number of major firms commit to net zero carbon buildings

Growing number of major firms commit to net zero carbon buildings

by • Architecture, Environment, News

Today, seven major global private sector companies including Goldman Sachs and Lendlease have announced pledges to slash emissions from their buildings to net zero, by signing up to the World Green Building Council’s (WorldGBC) Net Zero Carbon Buildings Commitment (the Commitment). The organisations have pledged to take urgent action to ensure their own portfolios of buildings operate at net zero carbon by 2030 or sooner. More →

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

by • Environment, News

No incentive to tackle climate change?Fewer than 10 percent of UK CEOs have financial incentives in place to be environmentally friendly in their business practices and thus tackle the climate change emergency, according to new research from Vlerick Business School. In fact, the researchers found that only 6 per cent of UK CEOs have in their bonus a KPI focusing on the environment, and less than one per cent have long-term incentives focused on this area. More →

Most business leaders think that major firms will continue to globalise

Most business leaders think that major firms will continue to globalise

by • Business, News

In what might be interpreted as a sign of increasing globalisation, a new study from Intertrust amongst the firm’s corporate clients suggests that almost three quarters (72 percent) of business leaders expect to see more companies setting up overseas operations between now and 2024 compared to just 5 percent who believe it will fall. The conclusion is based on a survey of 100 companies ranging from start-ups to mature multinationals about their expansion plans. Over half (56 percent) of respondents said they plan to expand into up to three markets in the next two years with a further 14 percent aiming to break into four to six new countries. More →

Over half of firms believe their staff are ready to work with AI

Over half of firms believe their staff are ready to work with AI

by • Automation, News, Workplace

Working with AIMore than half (57 percent) of UK companies are confident their staff are prepared for an artificial intelligence (AI) enabled workspace according to a new report from Genesys. This is broadly in line with the attitudes of workers themselves, according to another report from the company which claims that 46 percent of people say they are ready to work with the technology. The latest  survey claims that over half of employers (55 percent) think their employees are anxious that their jobs will be eliminated by AI. However, employers believe this fear is unfounded with only 11 percent saying AI will actually put jobs at risk. In fact, 51 percent of UK based companies don’t anticipate any major staffing changes as a result of AI, despite recent headlines that portraying it as a threat to jobs. More →

Channel 4 confirms move to landmark Leeds building

Channel 4 confirms move to landmark Leeds building

by • News, Property

One of the UK’s leading broadcasters has confirmed its deal with the Rushbond Group for its new national headquarters to be at The Majestic in Leeds city centre. The third, fourth and fifth floors of the building will become home to Channel 4, with teams from across the organisation coming together to operate out of the iconic building. The deal with Channel 4 leaves four floors remaining, from 8,000 sq ft to a total of 39,000 sq ft of workspace to be let to additional dynamic organisations. More →

Third of workers at small businesses are not happy with their jobs

Third of workers at small businesses are not happy with their jobs

by • News, Wellbeing

unhappy workersOver a third of employees (39 percent) at small-to-medium sized (SMB) businesses in the UK are unhappy with their jobs and 36 percent believe their employer does too little to retain them, according to new research from People First, the HR solutions provider. Exploring the attitudes of 250 bosses and 250 employees across the UK, the research found a major difference in outlook as more than eight-in-ten (86 percent) SMB bosses believe they have happy workforces. When asked to rate out of ten the scale of engagement among employees at their companies, 77 percent of these bosses said it was between eight and ten, with ten being the most content and engaged. More →

Always on working culture in financial services sector driving staff to burnout

Always on working culture in financial services sector driving staff to burnout

by • Flexible working, News, Wellbeing

always on in the city of LondonMore than nine in ten banking and financial services professionals in the UK work beyond their contracted hours every week, according to a new survey — laying bare the extent of the City’s always on working culture. Almost half, or 47 percent, said that they do not leave the office or take a break at lunchtime, according to the survey by Morgan McKinley. The recruitment firm canvassed the views of around 480 finance workers in an informal poll to come to its conclusions. More →

Two-thirds of major world cities set for weaker growth as global slowdown bites

Two-thirds of major world cities set for weaker growth as global slowdown bites

by • Cities, News

Amsterdam is one of the citiesA new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during  the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. More →

Age discrimination now begins for tech workers at 29

Age discrimination now begins for tech workers at 29

by • News, Workplace

A new study from tech recruiter CWJobs claims to identify what it calls the ‘staggering level’ of ageism that IT and tech workers face at work. From seemingly innocuous comments to being overlooked for promotion in favour of younger colleagues, a worrying number of the UK’s tech-sector employees are facing daily hurdles to prove they’re not yet a career ‘dinosaur’. Well over a third (41 percent) of IT and tech-sector workers said they have observed age discrimination in the workplace, compared to 27 percent average across other UK industries.  It’s no surprise then that 61 percent of workers in the sector answered ‘yes’ when asked if, in the tech industry employees experience prejudice when considered to be older, the highest of any UK sector. More →

Employers still not fully embracing flexible working

Employers still not fully embracing flexible working

by • Flexible working, News

flexible workingEmployers aren’t doing enough to help their employees to work flexibly, according to a survey by Tiger Recruitment, which has found that a third of UK workers questioned (32 percent) aren’t happy with the flexible working options available to them. The study of over 2,000 employees claims that only a third have the option of home or remote working – a seven percentage point drop since last year – while only one in five (22 percent) are offered the option of flexi-time, and even fewer have access to informal flexibility (19 percent) or the opportunity to go part-time (18 percent). More →

Firms turning to “corporate wellness” programmes as a solution for stress

Firms turning to “corporate wellness” programmes as a solution for stress

by • News, Wellbeing

corporate wellness and stressA new report by workforce performance firm CR Worldwide (CR), drawing on data from 287,000 employees at over 120 large enterprises, claims that as the incidence and awareness of the issue of stress grows, firms have responded with a 22 percent year-on-year increase in UK spending on perceived solutions such as corporate getaways with companies now spending an average of £3,100 per person per trip. The proportion of activity or nature-based business trips involved in such wellness programmes has more than doubled to 56 percent in 2019 compared to the previous year. With human-animal interactions believed to have therapeutic effects on mental health, UK firms are also increasingly offering ‘nature tourism’, from orangutan treks in Borneo to working with endangered rhinos in Rwanda and shark diving. Husky sledging is now among the top 5 Christmas corporate travel activities for UK firms. More →

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