Research Says $1.5 Trillion Could be Saved with Efficient Usage of Space

“Philips Lighting has released research saying businesses around the world could realize savings of up to USD 1.5 trillion in reduced rental costs alone if their office buildings were refurbished to the most efficient standards of today.

The report, published in conjunction with World Green Building Week, says using energy efficient appliances and lighting — along with smart technologies — firms can cut the office space required per employee by up to 50% while also improving employee wellbeing.”

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