March 21, 2022

ESG objectives now a priority for quarter of organisations

New research from Cloudera claims that more than one quarter (26 percent) of business decision makers are now putting increasing investment into environmental, social and corporate governance (ESG) initiatives, ahead of developing new products/services (24 percent) or accelerating financial growth (21 percent). Additionally, knowledge workers believe as much as 49 percent of the data their business uses on a day-to-day basis should be focused on doing good for the communities it serves. This is a sentiment 52 percent of business decision makers agree with — a clear indication that profit and ESG are no longer mutually exclusive pursuits. More →

March 17, 2022

Many employers still not offering the work life balance people crave

by Neil Franklin • Flexible working, News, Wellbeing

Two-thirds of UK employees (66 percent) feel that work life balance is crucial in their decision to apply for a job, yet a third (31 percent) do not currently achieve it, according to new research from Lenovo and Cebr. With over 2,000 UK employees surveyed, Lenovo’s “Future of You” report claims to shed light on the priorities for workers, tracking how these have changed in recent years as well as looking ahead to the future. It found that the offer of remote work is important to over half (54 percent) of workers today, compared to one-fifth (21 percent) ten years ago. Of those who are not currently offered remote work, most (83 percent) feel that their employer is not on track to deliver this in the next two years. More →

March 15, 2022

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

by Neil Franklin • Environment, News, Property

In the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. More →

March 2, 2022

Sustainability doesn’t have to depend on high-tech solutions

by Chris McMahon • Architecture, Environment, Features, Technology

It’s a popular idea that the path to sustainability lies in high-tech solutions. By making everyday items like cars electric, and installing smart systems to monitor and reduce energy use, it seems we’ll still be able to enjoy the comforts to which we’ve become accustomed while doing our bit for the planet – a state known as “green growth”. But the risks of this approach are becoming ever clearer. Many modern technologies use materials like copper, cobalt, lithium and rare earth elements. These metals are in devices like cell phones, televisions and motors. Not only is their supply finite, but large amounts of energy are required for their extraction and processing – producing significant emissions. More →

February 24, 2022

Building workplace resilience in a changing environment

by Jennifer Bryan • Business, Features, Flexible working, JB, Workplace

For decades, it has been agreed that change is a constant. So, doesn’t it stand to reason that before a change or crisis happens, an organization should have the ability and resilience to transform? In the McKinsey report, The resilience imperative: Succeeding in uncertain times, resilience is defined as, “the ability to withstand unpredictable threat or change and then to emerge stronger.” In other words, it is the ability to sustain and endure. And it applies just as much to workplace resilience as any other element of the organisation. More →

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 14, 2022

New RICS framework aims to “put people at heart of commercial property”

by Neil Franklin • Flexible working, News, Property

A new framework from the Royal Institution of Chartered Surveyors has been designed to improve building use, support flexible working and put people at the heart of decision making about commercial property. RICS says the International Building Operation Standard will provide organisations an interactive easy-to-use framework, supported by an assessment tool, to measure and benchmark building performance, by collecting consistent data to satisfy the latest needs of occupiers, investors, advisors and end users. More →

February 10, 2022

ESG concerns mean half of younger workers considering career change

by Neil Franklin • News, Workplace

Companies across the UK risk losing out on top talent if they fail to take account of younger workers’ greater ethical awareness, with the majority willing to sacrifice earnings for their values. New research by Robert Half claims that nearly two in five (38 percent) employees would look for a new role if they thought their organisation was not doing enough on ESG (environmental, social and governance) issues, such as reducing carbon emissions or operating ethically. 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 27, 2022

Firms that invest in sustainability are more resilient, research claims

by Jayne Smith • Business, News

Investing in sustainability increases the resilience of small and medium-sized enterprises (SMEs) because they become more creditworthy, according to new research conducted by Vlerick Business School and commissioned by ABN AMRO. Although large companies are under scrutiny from regulators, consumers and the media to become more sustainable, the sustainability transition is unachievable without the involvement of SMEs. Especially since SMEs constitute more than 60 percent of the value-adding economic fabric in Europe. More →

January 18, 2022

Four day week trial launched in UK

by Neil Franklin • Flexible working, News, Wellbeing

A six-month trial of the recently much talked about four day week has been launched across the United Kingdom. Around thirty companies are expected to take part, who have also committed to retaining current pay and conditions for the employees involved. The pilot has been launched by the think tank Autonomy, 4 Day Week Global, the 4 Day Week UK Campaign and researchers at Cambridge University, Oxford University and Boston College. 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 →