Workspace Sustainability Profile
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 89 is higher than 94% 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 carbon 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 represents a significant commitment to transparency in their carbon footprint, with emissions data disclosed across all three scopes. Workspace has set ambitious reduction targets, aiming for a 42% reduction in absolute Scope 1 emissions by 2030 from a 2019/20 base year. Additionally, they are committed to achieving net-zero carbon emissions across their operations and value chain by 2040. This includes a 100% reduction in all other Scope 1 and Scope 2 emissions from 2030 through 2040, and a 90% reduction in absolute Scope 3 emissions by 2040, also from a 2020 base year. The company has also pledged to continue sourcing 100% renewable electricity through 2030, reinforcing its commitment to sustainable practices. Workspace's targets align with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the global goal of limiting temperature rise to 1.5°C. Overall, Workspace Group PLC is actively working towards reducing its carbon emissions and enhancing its sustainability efforts, demonstrating a strong commitment to addressing climate change within the real estate sector.
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| 2012 | 2013 | 2018 | 2019 | 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 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 00,000,000 | - | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Workspace's Industry?
How Carbon Intensive is Workspace's Location?
Workspace's Scope 3 Categories Breakdown
Workspace's Scope 3 emissions, which decreased by 10% last year and increased by approximately 235% since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 64% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 44% of Scope 3 emissions.
Top Scope 3 Categories
Workspace's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Workspace has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
