Search Results for: climate

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

by • AI, Business, News, Technology

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. More →

Focus should shift to reducing energy demand, WEF report suggests

Focus should shift to reducing energy demand, WEF report suggests

by • Environment, Facilities management, News

A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy if measures are taken by the end of this decade. This would boost growth, save companies cash and deliver competitive advantage while also reducing emissions.A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy if measures are taken by the end of this decade. This would boost growth, save companies cash and deliver competitive advantage while also reducing emissions. These are the findings of the World Economic Forum’s Transforming Energy Demand initiative – and a new report – launched in collaboration with PwC and supported by over 120 global CEOs who are members of the International Business Council (IBC), a group representing 3 percent of global energy use. More →

For all its flaws, COP28 still gives us a route to a greener future

For all its flaws, COP28 still gives us a route to a greener future

by • Company news, Environment

As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future.As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future. The UAE played host to two weeks of debate over climate change as COP28 recently rolled into town. While some questioned this region’s suitability – it being a centre of the fossil fuel industry – perhaps there is an argument to be made that this is exactly where you should hold it – to bring the issues into sharp relief. More →

A bit of alien thinking on coffee and some other BS

A bit of alien thinking on coffee and some other BS

by • Facilities management, Features, Technology, Wellbeing, Workplace design

I’ve sometimes highlighted how our perceptions of the workplace are subject to an apex fallacy. The daily consumption of narratives about campuses, tech palaces and ‘cool’ design can obscure the fact that most people don’t experience this stuff in their daily lives. They work in adequate or possibly nice offices. Some in shabby offices or horrible offices. Many travel into work at the same time each day and sit with roughly the same people and do roughly the same things. They may work from home more frequently now, but they have a routine there too. Most will work in a mundane or nice home that mirrors the mundane office that awaits at the other end of the commute. More →

It will take more than government funding for the world to reach net zero

It will take more than government funding for the world to reach net zero

by • Environment, News

The world needs up to $3.5 trillion of additional investments each year to reach net-zero and restore natureClimate finance was central to discussions at COP28 in Dubai and funding to reach net zero and restore biodiversity is still falling short. A new report from the World Economic Forum highlights the priorities for action and sets out how partnerships between organisations from the philanthropic, private and public sectors can create what it refers to as a positive domino effect, cut emissions at speed. More →

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

by • Environment, News, Property

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. More →

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 →

Unpicking the retrofit enigma

Unpicking the retrofit enigma

by • Briefing, News, Property, Workplace design

We explore many of the issues around the crucial subject of retrofit in this supplement produced in partnership with BVNEarlier this year, a report from building consultancy Mace advocated for a retrofit first principle for buildings. The report highlighted how non-domestic buildings in the UK make up about an eighth of the country’s building stock but account for around a quarter of the country’s carbon emissions. The solution argued for in the report was to look at how best to retrofit around 3.5 million such buildings over the next ten years. We explore many of the issues around this crucial subject in this supplement produced in partnership with BVN. It represents both a snapshot of the current conversations about retrofit while pointing a way ahead. This one will run and run, but we need to get it right. More →

Green innovator Artus Air secures significant investment to drive next phase of growth

Green innovator Artus Air secures significant investment to drive next phase of growth

by • Company news

BGF, one of the largest and most experienced investors in the UK and Ireland, has completed a multi-million-pound investment in Artus Air Limited (“Artus”)BGF, one of the largest and most experienced investors in the UK and Ireland, has completed a multi-million-pound investment in Artus Air Limited (“Artus”), as part of a wider funding round alongside leading venture capital firm, Par Equity. Artus designs and sells game-changing HVAC (Heating, Ventilation and Air Conditioning) units for buildings, with its innovative, elegant design significantly reducing carbon emissions both by using fewer materials and being more efficient to operate. More →

The challenge for fit-out firms is to deliver best value despite supply chain challenges

The challenge for fit-out firms is to deliver best value despite supply chain challenges

by • Comment, Facilities management, Property, Workplace design

Whilst industry supply and demand dynamics may have found a level of equilibrium since the pandemic, geopolitical tensions, economic disruptions, and an unstable domestic policy environment continue to have an impact on the office fit-out marketThe past year has been a challenging one for London’s commercial fit-out market. Whilst industry supply and demand dynamics may have found a level of equilibrium since the pandemic, geopolitical tensions, economic disruptions, and an unstable domestic policy environment continue to have an impact. In tandem with this, the commercial fit-out market is adapting to changing needs; from accommodating hybrid working models to growing demands for sustainability and reuse, the workplaces of today are ever changing. More →

Economies need to cut carbon emissions by 7 percent annually to hit Paris target

Economies need to cut carbon emissions by 7 percent annually to hit Paris target

by • Environment, News

In the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goalsIn the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goals. According to a report by the Alliance of CEO Climate Leaders, in collaboration with the Boston Consulting Group (BCG), emissions must be cut back by 7 percent each year from now until 2030 to limit global warming to 1.5°C, as agreed in Paris in 2015. More →

Inadequate provision for menopause and menstrual health driving women away from jobs

Inadequate provision for menopause and menstrual health driving women away from jobs

by • News, Wellbeing, Workplace

The workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptomsThe workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptoms, according to a new poll from workplace health provider Simplyhealth.? The research suggests almost a quarter (23 percent) of women have considered quitting due to the impact of menopause or menstrual symptoms at work, and over one in ten (14 percent) are actively planning to quit. More →

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