Workspace
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.
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
Workspace's score of 55 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Workspace's reported carbon emissions
In 2023, Workspace reported total carbon emissions of approximately 31,272,000 kg CO2e. This figure includes 2,039,000 kg CO2e from Scope 1 emissions, 6,470,000 kg CO2e from Scope 2 emissions, and 14,938,000 kg CO2e from Scope 3 emissions. Notably, the company has set ambitious targets to reduce its carbon footprint, committing to a 42% reduction in absolute Scope 1 emissions by 2030, using a 2020 baseline. Additionally, Workspace aims to continue sourcing 100% renewable electricity through to 2030 and reduce Scope 3 emissions from capital goods by 20% per square foot of net lettable area by the same year. In 2022, Workspace's total emissions were about 26,285,000 kg CO2e, indicating a slight increase in 2023. The company has consistently reported emissions across all three scopes, demonstrating transparency in its climate commitments. The reduction targets align with the Science Based Targets initiative (SBTi) and are consistent with the goal of limiting global warming to 1.5°C. Workspace's ongoing efforts reflect a commitment to sustainability and responsible environmental stewardship, crucial for its operations based in Great Britain.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,451,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,144,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,667,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Workspace 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.
