Search Results for: financial

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

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

by • Environment, News

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 →

Appetite for hybrid working shows no sign of letting up at large firms

Appetite for hybrid working shows no sign of letting up at large firms

by • Flexible working, News

companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalDataThe ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. And in 2023, companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalData. More →

Business leaders who screw up struggle to own up and learn from their mistakes

Business leaders who screw up struggle to own up and learn from their mistakes

by • Business, News

Leaders making mistakes can be costly not only to the organisation, but also to their own job security, which makes it difficult for them to admit when there’s been an error. However, new research from emlyon business school shows that there are some techniques CEOs can use to frame these mistakes, in order to ensure they keep their jobs, but also make changes in their organisation. When there is this clear trade-off between admitting a mistake and potentially losing power and control in the organisation, it is important that CEOs use their language effectively to create a safe space for themselves in the organisation – but how can they do so? More →

People spending more time in offices in search of social interaction

People spending more time in offices in search of social interaction

by • Flexible working, News, Wellbeing

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022, according to a new report from international law firm, Gowling WLG. The report, titled Strategic moves: why the office is now a business-critical decision [registration], surveyed senior representatives responsible for making office lease decisions in companies, and a selection of office workers. It identifies that a more permanent approach to office usage is now emerging, as the shadow of the pandemic recedes, as well as demonstrating the changing metrics being applied by occupiers to decisions relating to premises requirements and the more complex environment for landlord asset management. More →

One in ten working mothers quit jobs because of childcare pressures

One in ten working mothers quit jobs because of childcare pressures

by • News, Workplace

The ongoing challenges that come with balancing childcare with work have forced over 249,124 working mothers of children aged 4 or under to leave their employerThe ongoing challenges that come from balancing childcare with work have forced over 249,124 working mothers of children aged 4 or under to leave their employer due to a lack of childcare support, according to new research. The new report from Totaljobs and the Fawcett Society, Paths to parenthood: Uplifting new mothers at work, claims to demonstrate the disproportionate impact childcare responsibilities have on women and their careers. More →

Real estate tech strategies advance AI, workplace and sustainability

Real estate tech strategies advance AI, workplace and sustainability

by • AI, News, Property, Technology

Commercial real estate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global Real Estate Technology Survey. Ninety-one percent of occupier respondents are willing to pay a premium for tech-enabled space as they look to technology for strategic value and increased revenue. In fact, real estate tech budgets are set to grow faster than investments in?headcount, footprint and operating budgets, the report suggests.  More →

Workplace wellness and eye health deemed essential for millennials and Gen-Z workers

Workplace wellness and eye health deemed essential for millennials and Gen-Z workers

by • Company news

Generation Z and millennials make up a huge part of the workforce and are only continuing to grow, and with this increase, more is being asked from the workplaces that employ them. Workplace wellness is becoming increasingly essential, especially as employee well-being decreases and affects trust in employers’ efforts. With significant economic woes and work setup changes affecting professional life, 64 percent of the UK workforce would say their overall well-being is low. As such, Gen-Z and millennial workers are demanding a greater focus on workplace wellness initiatives. More →

Canary in the coal mine: other business districts are watching what happens next for Canary Wharf

Canary in the coal mine: other business districts are watching what happens next for Canary Wharf

by • Cities, Features, IN Magazine, Property

Already the symbol of a bygone era, Canary Wharf runs the risk of becoming a relic unless it reinvents itself. And others are watching The first casualties of the already cliched injunction to make offices worth the commute were always going to be the world’s most inaccessible business districts. In the UK the most high profile of these is Canary Wharf, 52 hectares of former wasteland in East London that became a financial powerhouse. Part of the regeneration of the area that began in the 1980s, it became synonymous with the era and with Margaret Thatcher and her reform of the financial services sector. This came to pass even though its most iconic structure One Canada Square was only completed in 1990, shortly after she had left office and shortly before its developer filed for bankruptcy. More →

How digital platforms are revolutionising the outplacement experience

How digital platforms are revolutionising the outplacement experience

by • Company news

For the first time since the 2008/2009 financial crisis, redundancy rates have risen, and this trend looks set to continue throughout 2024. Just over 42 percent of employers (HR Director) are planning to make redundancies in a year that has already seen a string of high-profile companies announce job cuts. Businesses are reorganising, considering ideas such as outplacement, and the market landscape is changing in more ways than one. With a new wave of Gen Zs raising the bar for issues that matter to them, employers are now facing expectations that are different to that of Boomers. More →

SMEs turn to AI and acquisitions to navigate an uncertain future

SMEs turn to AI and acquisitions to navigate an uncertain future

by • AI, Business, News, Technology

More than half of all business leaders (55 percent) believe that the overall economic conditions in the UK and Ireland have worsened compared to a year ago.  Yet, 58 percent of SMEs anticipate an increase in their firm’s sales revenues over the next 12 months; while nearly half (47 percent) expect profitability to improve within a year and 47 percent of SMEs are confident that their firm’s total number of employees will grow in the next 12 months. Business leaders are planning to invest more in AI and acquisitions to help them navigate an uncertain future. More →

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

by • News, Wellbeing • Tags: ,

WellbeingA new study from Alight reveals that 64 percent of the UK workforce would rate their overall wellbeing as low. This comes at a time where economic headwinds, budget cuts and remote work has created a feeling of uncertainty in the UK workforce, heightening the urgency for employers to act fast or compromise employee wellbeing.

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An uncertain world, but CEOs remain broadly bullish about the future

An uncertain world, but CEOs remain broadly bullish about the future

by • Business, Flexible working, News, Technology

Geopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businessesGeopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businesses. The KPMG 2023 CEO Outlook claims that geopolitics and political uncertainty have become the leading perceived risk this year for senior executives – concerns that didn’t even make the top five in the 2022 survey. More →

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