IWG's research reveals that the hybrid working model can significantly reduce businesses' energy usage and carbon footprint, helping them reach critical net zero targets. The rapidly accelerating global adoption of the hybrid working model is also leading to corporate bottom lines seeing a significant benefit. The commercial real estate sector, which is currently responsible for around 20% of global greenhouse gas emissions, can benefit from the introduction of hybrid working. This approach can help reduce emissions and provide environmental and economic benefits for businesses. With the 2025 deadline for new and stronger plans to curb carbon pollution approaching, Stiell's speech underscores the critical need for dramatic action to reduce heat-trapping emissions.