Public Profile

Novel Coworking

Novel Coworking, a prominent player in the flexible workspace industry, is headquartered in the United States and operates in major cities across the country. Founded in 2017, the company has rapidly established itself as a leader in providing innovative coworking solutions tailored for businesses of all sizes. Specialising in private offices, dedicated desks, and shared workspaces, Novel Coworking distinguishes itself through its commitment to affordability and community engagement. With a focus on fostering collaboration and creativity, the company has created a unique environment that supports productivity and networking. Recognised for its rapid growth and customer-centric approach, Novel Coworking continues to expand its footprint, making it a preferred choice for entrepreneurs and established companies alike seeking flexible office solutions.

DitchCarbon Score

How does Novel Coworking'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.

23

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.

25

Industry Benchmark

Novel Coworking's score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Novel Coworking's reported carbon emissions

In 2019, Novel Coworking reported total carbon emissions of approximately 36,068,000 kg CO2e. This figure includes Scope 1 emissions of about 4,437,000 kg CO2e, Scope 2 emissions of approximately 19,102,000 kg CO2e, and Scope 3 emissions totalling around 12,529,000 kg CO2e. Despite the significant emissions, there are currently no publicly disclosed reduction targets or climate pledges from Novel Coworking. The absence of specific initiatives or commitments highlights a potential area for improvement in their sustainability strategy. As the coworking industry increasingly prioritises climate action, Novel Coworking may benefit from establishing clear reduction goals to align with industry standards and expectations.

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2019
Scope 1
4,437,000
Scope 2
19,102,000
Scope 3
12,529,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Novel Coworking's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Novel Coworking is in US, which has a low grid carbon intensity relative to other regions.

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.

Novel Coworking is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers