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 86 is higher than 92% 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 Group PLC reported total greenhouse gas 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 reflects a slight decrease in Scope 1 emissions from 3,188,000 kg CO2e in 2023, while Scope 2 emissions remained relatively stable at about 6,482,000 kg CO2e. Scope 3 emissions also decreased from 16,615,000 kg CO2e in 2023. Workspace has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 emissions by 2030 from a 2020 baseline. Additionally, they are committed to achieving net-zero carbon emissions across their operations and value chain by 2040. This includes a commitment to reduce absolute Scope 3 emissions by 90% by 2040 and to maintain 100% absolute reductions of all other Scope 1 and 2 emissions from 2030 through 2040. The company has also pledged to source 100% renewable electricity annually through 2030 and to reduce Scope 3 emissions from capital goods by 20% per square foot of net lettable area by 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect Workspace's commitment to sustainable practices within the real estate sector.
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| 2013 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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 | - | 0,000,000 | 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 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.
