Workspace
Workspace Group PLC, commonly known as Workspace, is a leading provider of flexible office space based in London, UK. Founded in 1987, the company has established a strong presence across the capital and other major UK cities, catering to a diverse range of businesses from startups to established enterprises. Workspace specialises in offering innovative workspaces that combine modern design with essential amenities, making them ideal for collaboration and productivity. Their portfolio includes a variety of properties, such as serviced offices, studios, and co-working spaces, all tailored to meet the evolving needs of today’s workforce. With a commitment to sustainability and community engagement, Workspace has positioned itself as a key player in the commercial property sector, earning recognition for its customer-centric approach and high-quality environments. The company continues to thrive, adapting to market trends and enhancing its offerings to support businesses in their growth journeys.
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 69 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Workspace's reported carbon emissions
In 2023, Workspace reported total carbon emissions of approximately 26.2 million tonnes CO2e. This figure includes 3.2 million tonnes CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 6.5 million tonnes CO2e from Scope 2 emissions, related to the purchase of electricity and heat. Additionally, Scope 3 emissions accounted for about 16.6 million tonnes CO2e, primarily from business travel, employee commuting, and purchased goods and services. Workspace has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by FY2030, using FY2020 as the baseline. Furthermore, the company plans to continue sourcing 100% renewable electricity through FY2030. For Scope 3 emissions, Workspace targets a 20% reduction per square foot of net lettable area from capital goods by FY2030. These commitments align with the Science Based Targets initiative (SBTi) and reflect Workspace's dedication to achieving significant reductions in greenhouse gas emissions, contributing to global efforts to combat climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 36,400 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 340,600 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 14,500 | 00,000,000 | - | 0,000,000 | 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 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.
