Workspace Group PLC, commonly known as Workspace, is a leading provider of real estate services based in Great Britain. Founded in 1987, the company has established a strong presence in London and the surrounding regions, specialising in flexible office spaces and business premises tailored for small to medium-sized enterprises.
Workspace's unique offerings include a diverse portfolio of properties that combine modern amenities with vibrant community environments, fostering collaboration and innovation. The company has achieved significant milestones, including the successful transformation of various iconic buildings into dynamic workspaces, positioning itself as a key player in the UK commercial property market.
With a commitment to sustainability and customer-centric solutions, Workspace continues to enhance its market position, making it a preferred choice for businesses seeking adaptable and inspiring work environments.
+36 vs industry average
Workspace’s score of 64 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Workspace's reported carbon emissions
Workspace Group PLC, a UK-based real estate services company, reported a total of approximately 23.4 million kg CO2e in Scope 1, 2, and 3 emissions for fiscal year 2023. For fiscal year 2024, Scope 1 emissions were approximately 2.04 million kg CO2e, Scope 2 emissions were approximately 6.47 million kg CO2e, and Scope 3 emissions were approximately 14.94 million kg CO2e. The combined total for Scope 1 and 2 for FY2024 was approximately 8.51 million kg CO2e. Workspace has established several climate commitments, including: * A near-term target to reduce absolute Scope 1 GHG emissions by 42% by 2030, using a 2019/2020 base year. * A near-term target to reduce Scope 1, 2, and 3 in-use operational GHG emissions by 56.7% per square metre by FY2030 from a FY2020 base year. * A near-term target to reduce all other absolute Scope 1 and Scope 2 emissions by 100% by FY2030. * A near-term target to reduce absolute Scope 3 emissions by 42% by FY2030. * A commitment to reach net-zero greenhouse gas emissions across the value chain by FY2040. * A long-term target to reduce Scope 1, 2, and 3 in-use operational GHG emissions by 89.9% per square metre by FY2040. * A commitment to maintain 100% absolute reductions of all other Scope 1 and 2 GHG emissions from FY2030 through FY2040. * A commitment to reduce absolute Scope 3 emissions by 90% by FY2040. * A commitment to annually source 100% renewable electricity through FY2030.
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Workspace’s Climate Goals (2030 & 2050)
1 goal2030
To reach our goal to become a net zero carbon business by 20…
To reach our goal to become a net zero carbon business by 2030, we are reducing our emissions across our operations and value chain in line…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisationsFrequently asked questions
Common questions about Workspace’s sustainability data and climate commitments
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