Search Results for: budget

EU building data project to drive full decarbonisation in three European countries

EU building data project to drive full decarbonisation in three European countries

Czechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sectorCzechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sector, responsible for almost 40 percent of global carbon emissions. The INDICATE initiative will bring together governments, industry and academia to tackle one of the most common barriers to enacting policies which will ensure climate neutral construction: a lack of reliable and comprehensive emissions data for buildings. More →

Firms failing to embed net zero into operations

Firms failing to embed net zero into operations

While 85 percent of companies now have net-zero strategies, the majority are failing to incorporate them into daily business operations.A survey [registration] of 300 managers at organisations in industrial sectors across the U.K., U.S. and Germany by ESG consulting firm Sphera, claims that while 85 percent of companies now have net zero strategies, the majority are failing to incorporate them into daily business operations. Only 41 percent of operations managers have seen sustainability strategies produce significant changes in daily practices, and 32 percent say their firms do not align with science-based emissions targets.   More →

Half of people never thought they’d be back working in an office last year

Half of people never thought they’d be back working in an office last year

More than half of UK employees did not believe they would return to office based work full time in 2022, according to a survey by GlobalDataMore than half of UK employees did not believe they would return to office based work full time in 2022, according to a survey by GlobalData. The poll from the analytics company which focuses its research on the insurance sector  suggests that increasing consumer demand for flexible working models presents both challenges and opportunities. GlobalData’s survey, conducted as part of research for its Insurance Intelligence Center, indicates that only 40 percent of those surveyed anticipated a return to the office in 2022. More →

Getting past the uncertainty of GDP to find something better

Getting past the uncertainty of GDP to find something better

Epicenter Coworking Space in Stockholm, where Sweden has an economic model that deals with the uncertainty of GDP as a focusThe other night, my fourteen-year-old daughter was revising for her Economics exam, and we discussed the Swedish Economic Model and its relevance in our own age of uncertainty. According to the International Monetary Fund, Sweden’s national debt to GDP ratio has fallen chiefly since 1995. We proceeded to discuss the term Gross National Product (GDP). GDP measures the monetary value of final goods and services produced in a country in a given period of time over three months or a year. More →

BW showcases new Design and Build service

BW showcases new Design and Build service

BW design and Build serviceBW: Workplace Experts has added to its expertise in fit out with a new design and build (D&B) service. BW Design and Build extends the company’s service portfolio, encompassing a pool of resources that are now able to design and deliver from within. This forms part of the firm’s commitment to ongoing and dynamic investment in supporting future client relationships. It is also in line with BW’s three layers: Innovation, Diversity and Net Zero, launched last year as part of its Purpose Report. 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 →

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 →

Two thirds of employees are now worried about paying for essentials

Two thirds of employees are now worried about paying for essentials

As real time pay fails to keep up with rising costs and soaring inflation, employees are increasingly anxious about their financial situation. And employers are failing to keep up according to a new survey from Personio. The poll suggests that over two thirds (69 percent) of employees are worried or stressed about their ability to pay for essentials if the economy worsens over the coming months. A further 22 percent are concerned about losing their job whilst a fifth (20 percent) are worried they will need to take on a second job to support themselves. 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 →

Office fit out and rent rises will hit occupiers worldwide this year

Office fit out and rent rises will hit occupiers worldwide this year

commercial property and office fit outOccupiers around the world are facing a 10 percent increase in office fit out costs with rental rises also squeezing budgets for those in EMEA, according to a new report from Savills. The firm’s Prime Office Costs (SPOC) analysis for Q3 2022 suggests that fit-out costs in key office markets around the world have continued to climb with inflation, rising an average of 10%, with increased rents in many markets also contributing to higher total net effective costs for office occupiers. Overall, the markets which have seen the largest increases in net effective costs (including fit-out costs, rents and other costs) over the quarter are largely clustered in the EMEA region, including Dublin (+7%), London City (+5%), Dubai (+3%), and Berlin (+3%). More →

The success of hybrid working hinges on creating a great workplace experience

The success of hybrid working hinges on creating a great workplace experience

A carved heart to suggest great workplace experience for hybrid workingRecent statistics underline the extent to which hybrid working is now a permanent fixture of US business life. A recent report suggests that 74 percent of US companies are using or plan to implement a permanent hybrid working model, whilst 44 percent of US employees prefer a hybrid work model, compared to 51 percent of employers. 55 percent of employees want to work remotely at least three days a week and 59 percent of employees are more likely to choose an employer that offers remote work opportunities over one that doesn’t. More →