Search Results for: investment

Majority of firms currently using technology to plug talent gaps

Majority of firms currently using technology to plug talent gaps

In the face of hiring and skills issues, 77 percent of UK organisations say they are finding ways for technology to do jobs formerly performed by people, according to a new poll from Rackspace Technology.  According to the survey, two thirds (64 percent) of UK companies are downsizing their staff, facilitated by technology, out of a necessity, with roles in customer service the most likely to be automated, as identified by 70 percent of business decision makers – followed by IT operations (62 percent), sales and marketing (57 percent), business operations (56 percent), and HR and admin (56 percent). More →

EU approves major funding increase for new circular economy and clean energy projects

EU approves major funding increase for new circular economy and clean energy projects

The European Commission has approved more than €380 million of funding for 168 new projects across Europe as part of its LIFE Programme for the environment and climate action. As part of the European Green Deal, it believes that the projects funded can help the EU become climate-neutral by 2050 and reach climate, energy and environmental goals. They aim to support biodiversity, nature restoration and a circular economy while contributing to the clean energy transition across the continent. More →

Firms should focus on people in the drive for long term growth

Firms should focus on people in the drive for long term growth

A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. The Magnetic Workplace Barometer claims to gauge confidence both today and in five years’ time across  what the report terms the three main pillars of productivity and infrastructure; employee engagement; and culture. The barometer scores are scaled from 1 to 7, 7 being the most confident. More →

HR profession should rebrand and shift its focus, claims a new report

HR profession should rebrand and shift its focus, claims a new report

A group of people bump fists to illustrate the challenges facing the HR professionThe time has come to re-brand the human resources profession and shift its focus from processes to people, a new report from Sage claims. The authors claim the study emphasises the scale of the challenge facing teams, with 92 percent of executives believing the perceived value of human resources is a challenge for the profession.  The poll of more than 1,000 HR and C-suite leaders working in SMBs across six of the world’s largest economies also highlights that 81 percent of human resources professionals are feeling burnt out and 62 percent are considering leaving the industry.  More →

Is carbon counting really the answer for the office furniture industry?

Is carbon counting really the answer for the office furniture industry?

A footprint on a beach to illustrate how the office furniture sector and others need to take a more sophisticated approach to environmental issuesThere is an increasing awareness that carbon is contained within all the products we buy. As an example, a leading sports trainer manufacturer is now displaying carbon content labelling, rather like food retailers quote calories. Within the workplace sector, the environmental impact of the built environment and products such as office furniture and flooring are seemingly well known. This must include consideration regarding how refurbishments and changes to embrace new working practices are managed responsibly. More →

Retrofitting buildings essential to reduce energy costs and combat the global energy crisis

Retrofitting buildings essential to reduce energy costs and combat the global energy crisis

A tree lined street to illustrate the green benefits of retrofitting buildingsA new report from JLL claims that rising energy costs are expediting the move toward more efficient buildings. JLL’s Retrofitting Buildings to be Future-Fit research suggests that net-zero carbon (NZC) intervention measures directly impact a building’s bottom line and that failing to decarbonise leads to significant financial risk. For many buildings, meeting 2050 decarbonization targets put forward in the Paris Climate Agreement is grounded in retrofitting current spaces, which can also garner higher rents, reduce financial risk and generate higher occupancy rates and tenant satisfaction. More →

The new Fern family from Bisley offers stylish storage solutions that feel like home

The new Fern family from Bisley offers stylish storage solutions that feel like home

Pink Bisley Fern cabinet in a plant filled roomFern is a new range of freestanding cabinets designed especially for the home by storage experts Bisley. With stylish utility at its core, the colourful capsule collection is elegant, flexible, functional and full of personality. The range, which is designed and made in Britain, reinvents traditional home storage formats of tallboys, linen presses, larder cupboards, credenzas and bed- or sofa-side cabinets in a no-nonsense, timeless aesthetic of hand-folded, vented sustainable steel. More →

Workplace wellbeing remains a neglected issue for many firms

Workplace wellbeing remains a neglected issue for many firms

Two people sharing a coffee and a joke at work to illustrate workplace wellbeingTwo in five businesses have either cut or maintained workplace wellbeing budgets despite growing pressures on their staff, according to a new report. Faced with stressors such as the cost-of-living crisis, political uncertainty, and the ‘return to work’ post-Covid, just 16 percent of directors and risk practitioners said their wellbeing budgets had seen a significant increase. Around 40 percent of businesses had increased their budgets slightly to tackle issues such as mental, physical, financial health, organisational vision, values, culture and working standards, according to the poll by Deloitte, the International Institute of Risk and Safety Management (IIRSM) and the Institute of Directors (IoD). More →

Zero carbon tech for building materials gets $12 billion commitment at COP27

Zero carbon tech for building materials gets $12 billion commitment at COP27

An aluminium clad building facade to illustrate the importance of zero carbon tech in buildingsThe World Economic Forum and US Special Presidential Envoy for Climate announced today at COP27, the expansion of a coalition of global companies, to commit $12 billion in 2030 purchase commitments for zero carbon and green technologies to decarbonise the cement and concrete industry and other hard-to-abate sectors. The latest expansion of the First Movers Coalition – made up of 65 companies with a collective market value of approximately $8 trillion – focuses on cleaning up one of the world’s most carbon-intensive industry sectors through purchasing commitments for low-carbon technology. From construction and engineering to real estate and developers, newly announced First Mover companies have committed to purchasing at least 10 percent near-zero cement and concrete per year by 2030.  More →

Corporate real estate sector facing up to tough year ahead

Corporate real estate sector facing up to tough year ahead

A person walks down an empty street in a central business district to reflect concerns about corporate real estateCorporate real estate business confidence and expectations of profitability have dropped to a low level, reflecting widespread industry concerns across an array of indicators for the business, political and real estate environments. Emerging Trends in Real Estate Europe 2023 is the twentieth annual survey by the Urban Land Institute (ULI) and PwC UK of European real estate sector leaders’ expectations for the year ahead. Based on the views of around 900 real estate leaders from across Europe, the report claims that 91 percent concerned about inflation, closely followed by interest rate movements (89 percent) and European economic growth (88 percent). Political uncertainty at the global, regional and national levels are of high concern as well. More →

Are digital skills the key to a happier, more productive workforce?

Are digital skills the key to a happier, more productive workforce?

A group of workers at a laptop to illustrate the importance of digital skillsThe rising cost-of-living is impacting life and work in all four corners of the UK. Research from BCC has found that businesses feel compelled to increase their own prices. With costs rising, businesses are facing growing pressures. Not least the need to attract and retain the talent they can depend on to deliver. Research has shown that taking time to upskill current employees, especially in terms of their digital skills, benefits both productivity and engagement at all levels of an organisation. Our own Tech and Battle for Talent report recognises that 42 percent of employees in organisations across the UK would be more likely to stay in their current role if employers provided regular and intensive training, while 47 percent would be happier. More →

Ethical organisations can pave the way to hell with their good intentions

Ethical organisations can pave the way to hell with their good intentions

An AI generated painting of the road to hell to illustrate how ethical organisations can create the conditions for bad behaviourDespite the growing focus for more ethical investment and management styles, a new paper from Rotterdam School of Management, Erasmus University (RSM) claims to have uncovered eight unethical effects that can ‘sneak in’, even when organisations are doing their best to act ethically. In his research Muel Kaptein, Professor of Business Ethics and Integrity Management, has looked at how even ostensibly ethical organisations can sometimes facilitate unethical behaviour. More →