Public Profile

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.

69

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.

25

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.

99%

Workspace's reported carbon emissions

In 2023, Workspace reported total carbon emissions of approximately 26,238,000 kg CO2e. This figure includes 3,188,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 6,482,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The company also recorded 16,615,000 kg CO2e in Scope 3 emissions, which cover all other indirect emissions in its value chain. Workspace has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by FY2030, using FY2020 as the base year. Additionally, the company plans to source 100% renewable electricity annually through FY2030. For Scope 3 emissions, specifically from capital goods, Workspace targets a 20% reduction per square foot of net lettable area by FY2030. These commitments align with industry standards for climate action, demonstrating Workspace's dedication to sustainability and its role in mitigating climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20202021202220232024
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
-
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Workspace's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Workspace is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers