Wework
WeWork, officially known as WeWork Companies Inc., is a prominent player in the flexible workspace industry, headquartered in the United States. Founded in 2010, the company has rapidly expanded its footprint, operating in major cities across North America, Europe, and Asia. WeWork offers a range of services, including co-working spaces, private offices, and meeting rooms, catering to freelancers, startups, and established enterprises alike. What sets WeWork apart is its emphasis on community and collaboration, fostering an environment that encourages networking and innovation. With a significant market presence, WeWork has achieved notable milestones, including a valuation of $47 billion at its peak. As a leader in the co-working sector, WeWork continues to redefine the way people work, providing flexible solutions that adapt to the evolving needs of modern businesses.
DitchCarbon Score
How does Wework'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
Wework's score of 10 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wework's reported carbon emissions
As of the latest available data, WeWork has not disclosed specific carbon emissions figures for the most recent year. However, the company has made significant climate commitments, aiming for net-zero emissions across all scopes by 2050. This commitment was formalised in 2023, aligning with the Science Based Targets initiative (SBTi) framework. WeWork's net-zero target encompasses all scopes of emissions, which include Scope 1 (direct emissions), Scope 2 (indirect emissions from energy), and Scope 3 (indirect emissions from the value chain). While specific reduction targets have not been detailed, the company's long-term commitment reflects a proactive approach to addressing climate change within the real estate sector. In summary, WeWork is dedicated to achieving net-zero emissions by 2050, demonstrating its commitment to sustainability and climate action, despite the absence of specific emissions data.
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.
Wework 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.
