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.
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.
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.
Iwg's score of 23 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IWG reported total carbon emissions of approximately 225,000,000 kg CO2e, comprising about 78,000,000 kg CO2e from Scope 1 and about 147,000,000 kg CO2e from Scope 2. This marked a reduction in Scope 1 emissions compared to 2022, where they were approximately 87,000,000 kg CO2e, while Scope 2 emissions increased slightly from about 138,000,000 kg CO2e in the previous year. For 2022, IWG's total emissions were about 225,000,000 kg CO2e, with Scope 1 emissions at approximately 87,000,000 kg CO2e and Scope 2 emissions at around 138,000,000 kg CO2e. In 2021, the company reported total emissions of about 240,000,000 kg CO2e, with Scope 1 at approximately 86,000,000 kg CO2e and Scope 2 at about 154,000,000 kg CO2e. Despite these figures, IWG has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any climate pledges. The company continues to monitor its emissions and aims to improve its carbon footprint, reflecting a commitment to sustainability in its operations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 86,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 154,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - |
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 not committed to any 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.