Smart investments in sustainable workspaces for future-proofing your business.
It is clear from the findings that creating quality working environments that prioritize employee needs and drive productivity is crucial. Employers should aim to integrate flexibility and work-life balance into their workplace strategies. There is also a growing emphasis on the alignment of workspaces with environmental, social, and governance (ESG) commitments.
Our research revealed that quality workplaces continue to play a pivotal role in instilling a sense of pride and positivity in people. Employers that wish to inspire such feeling much look beyond financial recompense, focus on the unspoken psychological contract with their people, and deliver on the intangibles to harbour a true connection and sense of professional loyalty.
The forward-thinking businesses will continue to look to inhabit spaces that appeal to the world’s most gifted people and retain top talents.
Stakeholders involved in designing and managing spaces should share the potential benefits of accurate building data and promote a holistic understanding of the operational potential of their spaces. Brands with an investment mindset may consider adjusting their perception of the workplace to recognise that investment in the right working environment can not only add value but save money.
Organizations should strive to reduce building energy consumption and prioritize sustainability to contribute to the global zero-carbon targets. Leveraging technology to create people-centric environments can empower both individuals and businesses. Building management systems that offer centralized controls and improve facility quality can be valuable.
ESG values are not just a passing trend but a necessity for value creation and growth. Long-term ESG fundamentals should be taken into consideration to leverage property as an asset and achieve sustainable development goals. There’s an increasing pressure to operate efficiently to maximise ROI from workplaces, whilst clients and employees alike will have a keen eye on how you as a business is delivering against sustainable goals.
In one of our insights stories, ‘From floating bookshops to big tech: King’s Cross is writing its own community legacy’, we look at how ISG is working with local inhabitants from Google and facebook to local bookshops to transform a community into a thriving mixture of workforces.
The way forwardThe UAE's net zero commitments require an acceleration of retrofit programs to improve energy performance and circularity standards. For the UAE to remain a hotbed for investment from the most prominent brands it is important for the industry to be transparent about its progress and committed to driving change.
According to reports the global community needs to reduce the building energy consumption by over 80% to reach zero carbon targets. To achieve such a ‘dramatic change’ we need to be innovative and unconventional in our approach to retrofit projects, which was evident in the project lead by ISG and the Cambridge Institute of Sustainability Leadership (CISL) to transform The Entopia Building, a former Telephone Exchange, constructed in 1930, into a ultra-low carbon sustainability hub. ISG was set about designing and delivering the most sustainable retrofit possible within the programme and budget parameters.
In the UAE, we have a track record for innovating and attracting the foremost brands, and drawing on our global experiences and expertise, we are locally leading the discussion on ESG, inclusion and social value while integrating our supply chain partners to create and pioneer a distinctive supply chain strategy that underpins shifting perspectives and radical change in sustainable practices.