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 49 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 78,000,000 kg CO2e from Scope 1 and 147,000,000 kg CO2e from Scope 2. This marked a reduction in Scope 1 emissions compared to 2022, where they were about 87,000,000 kg CO2e, while Scope 2 emissions increased from 138,000,000 kg CO2e in the previous year. For 2022, IWG's total emissions were approximately 225,000,000 kg CO2e, with Scope 1 emissions at about 87,000,000 kg CO2e and Scope 2 emissions at 138,000,000 kg CO2e. In 2021, the company reported total emissions of around 240,000,000 kg CO2e, with Scope 1 at 86,000,000 kg CO2e and Scope 2 at 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 other climate pledges. The company continues to monitor its emissions and aims to improve its sustainability practices, although detailed commitments or strategies have not been provided. Overall, IWG's emissions data reflects a commitment to tracking and potentially reducing its carbon footprint, with a focus on Scope 1 and Scope 2 emissions.
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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.
