Forbes released an article this month that illustrates how The U.S. The Department of Energy (DOE) has been articulating different approaches to “reduce, consolidate or eliminate underutilized space for nearly 20 years”. The fourth-largest real estate portfolio among federal agencies comprehends 130 million square feet, owned and managed by the DOE, it costs the department $2.6 billion annually.
The pandemic forced all institutions to integrate remote work, but this can be seen as an interesting opportunity for all government agencies and private companies to reduce property requirements. Of course, this means that with a transition to hybrid workplaces, old norms and management practices regarding environmental sustainability and environmental consumption of real estate assets need to change.
Identifying The Right Sustainability Projects
Technology is a key tool to get important insights regarding sustainability on buildings. Processes such as the identification of energy consumption on buildings can be easily taken care of with Buildings Management Systems. By doing so, companies can understand the value of “a green upgrade, based on real, accurate data”.
“There are countless ways to reduce energy costs and footprint. Simple considerations such as more natural lighting, smarter window placement and better insulation can drastically improve thermal dynamics and save companies big money on lighting and HVAC. But in addition to (or instead of) going down the road of structural changes such as these, sustainable workplaces can turn to digital workplace management solutions that provide deeper analytics to promote more sustainable processes.The key to improving operational ROI is to improve the volume and quality of data that is used to calculate the payoff of new and current investments.”
Carbon Hybrid Workplace
Companies should see the future as an opportunity to explore ‘green initiatives’. This will definitely be an important part of the post covid era workplace development in the coming years.
“While the hybrid transition is the dominant force behind the workplace of the future, it is also important for companies to be involved in energy-saving initiatives that help reduce the cost of managing space that only a portion of their staff use on a daily basis. For example, consolidating staff seating into neighborhoods or zones while "closing" off others to conserve energy”.
MKThink works at the intersection of people, place and environment. As trends change, so does the balance of that intersection, which means we need to re-think how we used to do things. Let us work with you to see where the future is going and how you want to shape it. To find out more, contact us.