Topics related to sustainability have become increasingly prevalent in the commercial real estate market, and here at REsource, we are seeing a surge in discussions around ESG issues and coveted sustainability certifications.

A study conducted by IWG in collaboration with Arup in the United Kingdom and the United States reveals that adopting a hybrid work model can significantly reduce carbon emissions. The changing dynamics of work are leading to a considerable reduction in global emissions as the need for daily commuting decreases.

The research was conducted in six British cities, including London, Manchester, and Glasgow, and it unveiled that hybrid work can reduce carbon emissions by up to 70%. In the United States, the impact can be even greater, reaching 87%. New York, Los Angeles, and Atlanta are among the six cities analyzed.

The widespread adoption of remote work during the pandemic has revealed that two-thirds of workers in the US can operate remotely. Furthermore, 84% of UK workers who experienced hybrid work during the crisis intend to continue embracing this approach in the future.

The office, once seen as a physical location where people needed to be present every day, is undergoing a transformation with the mass adoption of hybrid work. This shift not only contributes to carbon emission reduction but also brings benefits to workers by reducing stress, commuting time, and the environmental impact associated with traveling between home and the office.

While growth is a priority for IWG, the company is committed to responsible expansion as a carbon-neutral organization. Its actions to limit and offset environmental impact are yielding positive results, with a high rating from MSCI and the achievement of carbon neutrality.

As world leaders face environmental challenges, the transformation of the work environment can be a crucial part of the solution. The possibility of drastically reducing emissions through a decrease in daily commuting is an encouraging sign.

"The world is heading towards 2°C to 3°C of global warming", says Johan Rockstrom, co-chair of the Earth Commission and Director of the Potsdam Institute for Climate Impact Research. "To maintain livable conditions on Earth, protect people from rising extremes, and enable a stable society, we must do everything possible to prevent crossing tipping points. Every tenth of a degree counts."

Transitioning to a more flexible and sustainable work environment is a step towards addressing climate challenges and creating a future in a healthier habitat for future generations.

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