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.
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.
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.
Wework's score of 27 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, WeWork has not disclosed any specific carbon emissions figures, indicating a lack of published emissions data for the most recent year. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to report. In terms of climate commitments, WeWork has not outlined any specific reduction targets or initiatives, nor have they made any pledges related to climate action. This absence of data suggests that WeWork may still be in the early stages of developing a comprehensive sustainability strategy. It is important to note that WeWork's emissions data is not cascaded from any parent or related organization, meaning that the company operates independently regarding its climate reporting and commitments. Overall, without specific emissions data or reduction targets, WeWork's current climate impact and commitments remain unclear.
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 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.
