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 62 is higher than 99% 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 2024, Workspace reported total carbon emissions of approximately 34,510,000 kg CO2e, comprising 3,451,000 kg CO2e from Scope 1, 6,470,000 kg CO2e from Scope 2, and 21,264,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were about 31,272,000 kg CO2e, with Scope 1 emissions at 2,039,000 kg CO2e, Scope 2 at 6,470,000 kg CO2e, and Scope 3 at 14,938,000 kg CO2e. Workspace has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 emissions by 2030 from a 2019/20 baseline. Additionally, they are committed to achieving 100% renewable electricity sourcing annually through 2030. For Scope 3 emissions, Workspace targets a 20% reduction per square foot of net lettable area by 2030, also from a 2019/20 base year. Long-term goals include reaching net-zero greenhouse gas emissions across the value chain by 2040, with specific targets of a 100% reduction in Scope 1 and Scope 2 emissions and a 90% reduction in Scope 3 emissions by 2040, all based on the 2020 baseline. These commitments align with industry standards for climate action and demonstrate Workspace's dedication to sustainability and reducing its carbon footprint.
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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.
