Search Results for: pay ratio

Economic benefits of green buildings highlighted

worldInHands

Green buildings can be delivered at a price comparable to conventional buildings, with investments recouped through operational cost savings and, with the right design features, create a more productive workplace, says the World Green Building Council (WorldGBC). A new report, which looked at the benefits from green buildings received by different stakeholders throughout the life cycle of a building, “synthesizes credible evidence from around the world on green buildings into one collective resource, and the evidence presented highlights that sustainable buildings provide tangible benefits and make clear business sense,” said Jane Henley, CEO of WorldGBC. (more…)

Using the office treadmill to fight the flab

Office treadmill

While shopping recently for a new arm chair, I noticed the prevalence of “snuggle chairs”, marketed as wider than average chairs in which two people can sit cosily together. However, judging by some of the customers checking them out, they appeared much more suitable for use by individuals with a wider girth. You don’t have to people-watch in a furniture store or visit the town of Tamworth, which this weekend the Daily Mail branded ‘”the fattest town in Britain” to notice people are getting fatter. Could a new “office treadmill” help address the obesity problem?

(more…)

MIT survey shows link between sustainability and profitability

money-grows-on-treesA report published today by the Massachusetts Institute of Technology (MIT) Sloan Management Review and The Boston Consulting Group has found that more than half of companies see a rise in profits when they embrace a more sustainable business model. In addition to the link between sustainability and profitability, the number of companies reporting a profit from their sustainability efforts rose 23 percent last year, to 37 percent of the total, according to the report entitled The Innovation Bottom Line. The survey of 2,600 managers and executives around the world, also found that nearly half of respondents said their companies had changed their business model as a result of sustainability opportunities.  (more…)

Appetite for long leases presents challenges

The news from the weekend that Axa Real Estate is looking to raise around £1bn  to invest in buildings with very long leases has resparked the debate into what sort of lease represents the best value for investors and tenants in these uncertain times. The new fund will target commercial properties with minimum twenty year leases even though investors have to pay a premium for such properties and the majority of occupiers don’t want them. (more…)

Councils told to pool procurement resources

Manchester Town HallBritain’s local authorities have been told by the Government to find more ways to share back office functions and buy goods and services together to gain discounts and reduce costs. In a document, 50 ways to save: examples of sensible savings in local government, published by the Department for Communities and Local Government in December, councils were given a number of ideas about how they could reduce their annual spend. The report can be seen here.
(more…)