Iwg
IWG plc, headquartered in Switzerland (CH), is a leading player in the flexible workspace industry, renowned for its innovative office solutions. Founded in 1989, IWG has transformed the way businesses operate by providing a diverse range of workspaces, including serviced offices, co-working spaces, and meeting rooms, across major operational regions worldwide. With a commitment to flexibility and convenience, IWG's core offerings, such as Regus and Spaces, cater to the evolving needs of modern professionals. The company has achieved significant milestones, including a vast global network of locations, making it a preferred choice for businesses seeking adaptable work environments. IWG's market position is bolstered by its reputation for quality and customer-centric services, solidifying its status as a pioneer in the flexible workspace sector.
DitchCarbon Score
How does Iwg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Iwg's score of 59 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iwg's reported carbon emissions
In 2024, IWG reported total carbon emissions of approximately 169,000,000 kg CO2e from Scope 1 and Scope 2 sources combined. This includes about 63,000,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and approximately 146,000,000 kg CO2e from Scope 2 emissions, with about 106,000,000 kg CO2e attributed to purchased electricity. In the UK, IWG's emissions for the same year were about 20,000,000 kg CO2e from Scope 1 and Scope 2 combined, with Scope 1 emissions at approximately 11,000,000 kg CO2e. Comparatively, in 2023, IWG's global emissions were about 225,000,000 kg CO2e, with Scope 1 emissions at approximately 78,000,000 kg CO2e and Scope 2 emissions at around 147,000,000 kg CO2e. In the UK, the total emissions for 2023 were about 17,000,000 kg CO2e. IWG has set ambitious near-term reduction targets, aiming for a 26% reduction in carbon footprint per square metre for both Scope 1 and Scope 2 emissions by 2025. This commitment reflects IWG's proactive approach to mitigating climate impact and aligns with industry standards for carbon reduction. Additionally, IWG is a signatory of the Climate Pledge, reinforcing its commitment to sustainability and climate action. The emissions data reported is not cascaded from any parent organization, indicating that IWG is independently managing its emissions reporting and reduction initiatives.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 86,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 154,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Iwg is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
