Category: Sustainability

The pressing need to address climate change has placed environmental sustainability at the forefront of corporate agendas. Buildings account for approximately 40% of global energy consumption and 33% of greenhouse gas emissions, according to the International Energy Agency (IEA, 2020). As urbanisation accelerates, these figures are poised to rise unless decisive action is taken. Integrating the Internet of Things (IoT) with advanced Building Management Systems (BMS) presents a significant opportunity to enhance energy efficiency and reduce environmental impact.

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As global concerns about climate change and environmental degradation intensify, the construction and real estate industries face mounting pressure to adopt sustainable practices. Building new properties is no longer just about architectural brilliance or prime locations; it’s about integrating sustainability at every stage of development. This shift is not only environmentally imperative but also economically beneficial in the long run. This article explores the critical sustainability frameworks and cutting-edge technologies that developers and builders should consider to meet both current and future demands.

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As the global push for sustainability intensifies, businesses are increasingly under pressure to align their operations with environmental, social, and governance (ESG) principles. The idea of planet before profit is becoming more than just a corporate slogan—it is evolving into a guiding principle for how companies must operate in a rapidly changing world. Investors, too, are playing a pivotal role in this transition, with more capital being directed towards sustainable enterprises. However, the question remains: are investors truly prepared to invest more to make a business sustainable, especially when it requires significant upfront costs, long-term commitments, and, in today’s world, the added risks of economic uncertainty?

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The term “sustainability” has become ubiquitous in business, government, and society discussions, but its broad usage often leads to misinterpretation. Companies and individuals alike grapple with understanding what sustainability truly encompasses.

From my experience working at Weeva and observing the industry, I’ve seen that sustainability is frequently viewed through a limited lens, which undermines its potential for driving comprehensive change.

This article explores why sustainability is often misunderstood, focusing on three key dimensions: economic sustainability, environmental sustainability, and social sustainability. Together, they form the core pillars of a sustainable strategy, yet their true meanings and interdependencies are often overlooked or oversimplified.

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The hospitality industry faces several perceived and actual barriers to achieving net-zero and embracing sustainability. Despite growing consumer demand for eco-friendly options and heightened awareness of climate change, many businesses in this sector are hesitant to implement sustainability strategies due to perceived high costs, lack of standardised regulations, limited access to sustainable technology, and challenges in supply chain management. However, evidence suggests that sustainable technologies can offer a return on investment (ROI) within ten years or less, indicating that financial concerns may be more about perception than reality. This post provides a detailed analysis of these challenges and offers strategic recommendations to help hospitality businesses overcome these limitations and advance towards net-zero goals.

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Introduction

The advent of Industry 4.0 has revolutionised the manufacturing landscape, introducing a new era of smart factories where cyber-physical systems, the Internet of Things (IoT), and cloud computing converge. As this industrial paradigm continues to evolve, the focus is gradually shifting towards Industry 5.0, which emphasises human-centric approaches and sustainable practices. This blog explores the origins and development of Industry 4.0 and Industry 5.0, highlighting their implications for sustainability in modern manufacturing.

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