Workspace
Workspace Group PLC, commonly known as Workspace, is a leading provider of flexible office space solutions based in Great Britain. Founded in 1987, the company has established a strong presence across London and the South East, catering to a diverse range of businesses from startups to established enterprises. Specialising in the provision of innovative workspaces, Workspace offers a unique blend of serviced offices, studios, and co-working environments designed to foster collaboration and creativity. Their properties are strategically located in vibrant business districts, making them highly attractive to companies seeking dynamic work settings. With a commitment to sustainability and community engagement, Workspace has achieved notable milestones, including a significant expansion of its portfolio and recognition for its contributions to the commercial property sector. As a market leader, Workspace continues to redefine the future of work, providing tailored solutions that meet the evolving needs of modern businesses.
DitchCarbon Score
How does Workspace'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 Real Estate 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
Workspace's score of 60 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Workspace's reported carbon emissions
In 2023, Workspace Group PLC reported total carbon emissions of approximately 31,272,000 kg CO2e. This figure includes 2,039,000 kg CO2e from Scope 1 emissions, 6,470,000 kg CO2e from Scope 2 emissions, and 14,938,000 kg CO2e from Scope 3 emissions. Notably, the company has set ambitious targets to reduce its carbon footprint, committing to a 42% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by FY2030, using FY2020 as the baseline. Additionally, Workspace aims to decrease Scope 3 emissions from capital goods by 20% per square foot of net lettable area by FY2030. In previous years, Workspace's emissions were as follows: in 2022, total emissions were about 26,285,000 kg CO2e; in 2021, they were approximately 4,718,000 kg CO2e for Scope 2 and 2,877,000 kg CO2e for Scope 1; and in 2020, total emissions reached 31,860,000 kg CO2e. The company has consistently sourced 100% renewable electricity since FY2020 and continues to prioritise sustainability in its operations. Workspace's climate commitments align with industry standards, reflecting a strong dedication to reducing greenhouse gas emissions and contributing to global climate goals.
Unlock detailed emissions data
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,451,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,144,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,667,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Workspace is committed to some reduction initiatives 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.
