Search Results for: governments

Remote work one of the emergency measures that could cut energy use, says IEA

Remote work one of the emergency measures that could cut energy use, says IEA

remote workIn the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine, practical actions by governments and citizens in advanced economies and beyond can achieve significant reductions in oil demand in a matter of months, reducing the risk of a major supply crunch, according to new analysis released by the International Energy Agency. These efforts, including the uptake of remote work, would reduce the pain being felt by consumers around the world, lessen the economic damage, shrink Russia’s hydrocarbon revenues, and help move oil demand towards a more sustainable pathway, the IEA claims.

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Flexible working can lead people to work longer and harder, according to new book

Flexible working can lead people to work longer and harder, according to new book

flexible working and long hoursFlexible working has become the norm for many workers since the COVID-19 pandemic began, but it can actually lead many to work longer and harder, with work encroaching on family life. A new book by Professor Heejung Chung from the University of Kent’s School of Social Policy, Sociology and Social Research explores how workers’ wellbeing and gender equality may in fact be jeopardised by flexible work, rather than providing a better work-life balance. (more…)

Building workplace resilience in a changing environment

Building workplace resilience in a changing environment

workplace resilienceFor 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…)

ESG issues top wish-lists for investors and employees

ESG issues top wish-lists for investors and employees

ESGThe 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…)

Net zero climate pledges of major companies hide their true intentions

Net zero climate pledges of major companies hide their true intentions

net zero climate pledge failThe headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40 percent on average, not 100 percent as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. It evaluates 25 major companies – operating across different sectors and geographies – to determine the transparency and integrity of their headline climate pledges. (more…)

Four day week trial launched in UK

Four day week trial launched in UK

four day weekA 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…)

Councils can meet net zero targets with help of building renovation

Councils can meet net zero targets with help of building renovation

Public Sector Estate and net zeroThe UK Green Building Council (UKGBC), together with the World Green Building Council, several European Green Building Councils, Climate Alliance and the Buildings Performance Institute Europe, has published a framework to support cities and local authorities to measure the impacts and wider benefits of building retrofit as a way of meeting their net zero targets. (more…)

Longer lives significantly contributing to European economies, new reports claims

Longer lives significantly contributing to European economies, new reports claims

A series of reports published by the International Longevity Centre UK (ILC) highlights the economic opportunities of longer lives across Europe. According to the reports, older people’s contributions across the European region are significant, and growing. The reports call for countries to better support older people’s economic contributions, particularly through greater investment in preventative health measures that support healthy ageing – the authors call for governments to invest at least 6 percent of their health budgets on these interventions, such as vaccines, screenings, early detection and management of disease. (more…)

Three quarters of firms planning to change work culture

Three quarters of firms planning to change work culture

cultureSocio-economic fault lines exposed by COVID-19 are creating an unforgiving marketplace, with companies under scrutiny from governments and the public and little room to avoid disputes and investigations into business practices and behavior, according to a new report from FTI Consulting, Inc. (NYSE: FCN). (more…)

Resilient companies need the trust of their employees more than ever

Resilient companies need the trust of their employees more than ever

Since offices reopened, there has naturally been a much greater focus on health and safety. Office managers everywhere have deployed one-way corridors, anti-viral disinfectant wipes, and daily temperature checks in order to ensure that those who have returned to the office feel safe. Globally, businesses have learned to cope with these adverse circumstances, but there are other lessons from the past year that we should use to refresh the workplace as well. (more…)

The four day week won’t necessarily help us cope with workplace stress

The four day week won’t necessarily help us cope with workplace stress

four day weekScotland is to become the latest nation to trial a four-day working week, after the SNP government announced it was setting up a £10 million fund to enable some office businesses to cut workers’ hours without reducing their pay. Similar trials are underway in Ireland and Spain, following on from trials in Iceland several years ago. Some firms have also been experimenting with a four day week, while other nations such as Japan are encouraging their employers to think about it too. (more…)

WorldGBC Net Zero Carbon Buildings Commitment expands scope to include embodied carbon

WorldGBC Net Zero Carbon Buildings Commitment expands scope to include embodied carbon

WorldGBCWorldGBC has announced an update to the Net Zero Carbon Buildings Commitment (the Commitment), expanding its scope to recognise enhanced leadership action in tackling embodied carbon emissions from the building and construction sector. (more…)