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.
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.
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.
Workspace's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Workspace reported total carbon emissions of approximately 31,272,000 kg CO2e, with emissions distributed across various scopes: 2,039,000 kg CO2e (Scope 1), 6,470,000 kg CO2e (Scope 2), and 14,938,000 kg CO2e (Scope 3). This represents a slight increase from 2022, where total emissions were about 26,285,000 kg CO2e. Workspace has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 emissions by 2030, using a 2019/20 baseline. Additionally, they plan to reduce Scope 3 emissions from capital goods by 20% per square foot of net lettable area by the same year. The company is also committed to sourcing 100% renewable electricity through 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect Workspace's commitment to addressing climate change and reducing its carbon footprint in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.