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 23.4 million 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 commitment to reducing their carbon footprint significantly, with a target to achieve a 42% reduction in absolute Scope 1 emissions by 2030 from a 2020 baseline. Additionally, Workspace aims to reach net-zero carbon emissions across its operations and value chain by 2040. In 2023, the total emissions were approximately 26.3 million kg CO2e, indicating a need for ongoing efforts to meet their ambitious targets. The company has set a long-term goal to reduce Scope 3 emissions by 90% by 2040, alongside maintaining 100% absolute reductions in Scope 1 and Scope 2 emissions from 2030 through 2040. Workspace's climate commitments are aligned with the Science Based Targets initiative (SBTi), ensuring that their reduction targets are consistent with the global aim to limit warming to 1.5°C. The organization is also committed to sourcing 100% renewable electricity through 2030, further enhancing its sustainability profile.
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| 2013 | 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 |
| 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 | - | - | 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 decreased by approximately 28% since 2020, 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.
Frequently Asked Questions
Common questions about Workspace's sustainability data and climate commitments