, UK
Photo by fauxels via Pexels

Firms slash energy usage by 19% with hybrid workspaces

Those who reduced office space by 26%-50% saw a significant reduction.

Implementing a hybrid working setup proved to be effective in reducing energy usage.

Data from IWG showed that Hong Kong companies which replaced large city offices with small and more efficient spaces reduced their energy usage by 19%. 

Four in 10 (44%) of companies which reported lower energy usage reduced their traditional office space by a quarter, whilst 19% slashed office space by 26%-50%.

Hybrid working has not only reduced overall energy usage for the majority (84%) but also their carbon footprint.
 
Meanwhile, 79% of businesses said they plan to look into other ways to reduce energy consumption, such as downsizing existing office spaces or facilitating access to flexible workspaces.

Join Hong Kong Business community

RELATED: Hong Kong sees 8% decline in flexible workspace demand

 

Follow the link for more news on

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

HK employers face rising benefit costs, financial strain: report
Mental health, health benefits, and financial wellbeing are the three areas most employers in the region are planning to enhance over the next three years.
HR & Education
Commercial floors at 382 Lockhart Road up for sale
The indicative price is set at $398M, or approximately $8,405 per square foot.
Hong Kong logistics rental softens in H1
Tenants’ adjustment and tariff risks dragged rental prices and activities.