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 47 is higher than 97% 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 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 emissions. This represents a reduction from 2022, where total emissions were about 225,000,000 kg CO2e, with Scope 1 at approximately 87,000,000 kg CO2e and Scope 2 at about 138,000,000 kg CO2e. In 2021, IWG's emissions were higher, totalling about 240,000,000 kg CO2e, with Scope 1 emissions at approximately 86,000,000 kg CO2e and Scope 2 at about 154,000,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, as evidenced by the decreasing trend in emissions over the years. Despite these reductions, IWG has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its operational efficiency and reducing emissions per employee, which was reported at approximately 291,000 kg CO2e in 2023 and 376,600 kg CO2e in 2024. Overall, IWG's emissions data reflects a proactive approach to climate commitments, although further transparency regarding specific reduction targets would enhance their sustainability profile.
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| 2021 | 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 | - | - | - |
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.
