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Public Profile
Real Estate Services
GB
updated 11 hours ago

Workspace Sustainability Profile

Company website

Workspace Group PLC, commonly known as Workspace, is a leading provider of flexible office space solutions based in Great Britain. Founded in 1987, the company has established a strong presence across London and the South East, catering to a diverse range of businesses from startups to established enterprises. Specialising in the provision of innovative workspaces, Workspace offers a unique blend of serviced offices, studios, and co-working environments designed to foster collaboration and creativity. Their properties are strategically located in vibrant business districts, making them highly attractive to companies seeking dynamic work settings. With a commitment to sustainability and community engagement, Workspace has achieved notable milestones, including a significant expansion of its portfolio and recognition for its contributions to the commercial property sector. As a market leader, Workspace continues to redefine the future of work, providing tailored solutions that meet the evolving needs of modern businesses.

DitchCarbon Score

How does Workspace'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.

89

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.

29

Industry Benchmark

Workspace's score of 89 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Workspace's reported carbon emissions

In 2024, Workspace Group PLC reported total carbon emissions of approximately 20,000,000 kg CO2e, comprising 2,039,000 kg CO2e from Scope 1, 6,470,000 kg CO2e from Scope 2, and 14,938,000 kg CO2e from Scope 3 emissions. This represents a significant commitment to transparency in their carbon footprint, with emissions data disclosed across all three scopes. Workspace has set ambitious targets to reduce its carbon emissions. The company aims to achieve a 42% reduction in absolute Scope 1 emissions by 2030, using a 2020 baseline. Additionally, Workspace is committed to becoming a net-zero carbon business by 2040, with a focus on reducing Scope 3 emissions by 90% during the same timeframe. The company also plans to maintain 100% absolute reductions of Scope 1 and Scope 2 emissions from 2030 through 2040. In terms of operational efficiency, Workspace has committed to reducing in-use operational GHG emissions of owned and leased buildings by 56.7% per square metre by 2030, with a long-term goal of achieving an 89.9% reduction by 2040. Furthermore, Workspace is dedicated to sourcing 100% renewable electricity annually through 2030. These commitments align with the Science Based Targets initiative (SBTi) and reflect Workspace's proactive approach to addressing climate change within the real estate sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2013201920202021202220232024
Scope 1
4,130,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
10,510,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
00,000,000
-
0,000,000
00,000,000
00,000,000

How Carbon Intensive is Workspace's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Workspace's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Workspace's Location?

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 Workspace is in GB, which has a very low grid carbon intensity relative to other regions.

Workspace's Scope 3 Categories Breakdown

Workspace's Scope 3 emissions, which decreased by 10% last year and decreased by approximately 28% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 64% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 44% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
44%
Use of Sold Products
18%
Fuel and Energy Related Activities
4%
Employee Commuting
3%
Waste Generated in Operations
1%
Business Travel
<1%

Workspace's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Workspace has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Workspace's Emissions with Industry Peers

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•
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Frequently Asked Questions

Common questions about Workspace's sustainability data and climate commitments

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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

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