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OrganisationsWorkspace
Workspace logo

Workspace

Real Estate ServicesUnited KingdomPNK: WKPPF
Last verified 4 months agoworkspace.co.uk

Workspace Group PLC, commonly known as Workspace, is a leading provider of real estate services based in Great Britain. Founded in 1987, the company has established a strong presence in London and the surrounding regions, specialising in flexible office spaces and business premises tailored for small to medium-sized enterprises.

Workspace's unique offerings include a diverse portfolio of properties that combine modern amenities with vibrant community environments, fostering collaboration and innovation. The company has achieved significant milestones, including the successful transformation of various iconic buildings into dynamic workspaces, positioning itself as a key player in the UK commercial property market.

With a commitment to sustainability and customer-centric solutions, Workspace continues to enhance its market position, making it a preferred choice for businesses seeking adaptable and inspiring work environments.

64
DitchCarbon score

+36 vs industry average

Workspace’s score of 64 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

00M00.0M00.0M00.0M0

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Sign up to see forecasted emissions and if they are on track for their climate goals

20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Workspace's reported carbon emissions

Workspace Group PLC, a UK-based real estate services company, reported a total of approximately 23.4 million kg CO2e in Scope 1, 2, and 3 emissions for fiscal year 2023. For fiscal year 2024, Scope 1 emissions were approximately 2.04 million kg CO2e, Scope 2 emissions were approximately 6.47 million kg CO2e, and Scope 3 emissions were approximately 14.94 million kg CO2e. The combined total for Scope 1 and 2 for FY2024 was approximately 8.51 million kg CO2e. Workspace has established several climate commitments, including: * A near-term target to reduce absolute Scope 1 GHG emissions by 42% by 2030, using a 2019/2020 base year. * A near-term target to reduce Scope 1, 2, and 3 in-use operational GHG emissions by 56.7% per square metre by FY2030 from a FY2020 base year. * A near-term target to reduce all other absolute Scope 1 and Scope 2 emissions by 100% by FY2030. * A near-term target to reduce absolute Scope 3 emissions by 42% by FY2030. * A commitment to reach net-zero greenhouse gas emissions across the value chain by FY2040. * A long-term target to reduce Scope 1, 2, and 3 in-use operational GHG emissions by 89.9% per square metre by FY2040. * A commitment to maintain 100% absolute reductions of all other Scope 1 and 2 GHG emissions from FY2030 through FY2040. * A commitment to reduce absolute Scope 3 emissions by 90% by FY2040. * A commitment to annually source 100% renewable electricity through FY2030.

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Workspace’s Climate Goals (2030 & 2050)

1 goal

2030

To reach our goal to become a net zero carbon business by 20…

To reach our goal to become a net zero carbon business by 2030, we are reducing our emissions across our operations and value chain in line…

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Purchased Goods & Services44%
Use of Sold Products18%
Fuel & Energy Activities4%
Employee Commuting3%
Waste Generated in Operations1%
Business Travel0%
Purchased Goods & Services44%
Use of Sold Products18%
Fuel & Energy Activities4%
Employee Commuting3%
Waste Generated in Operations1%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Workspace logoWorkspace
GBReal Estate Services
4 months ago
64
Derwent London logoDerwent London
GBFinancial Intermediation
19 hours ago
71
View
Big Yellow logoBig Yellow
GBBusiness Services
22 days ago
67
View
Cls Holdings logoCls Holdings
GBReal Estate Services
9 minutes ago
67
View
Php logoPhp
GBReal Estate Services
5 days ago
61
View
Safestore logoSafestore
GBOther Services
9 days ago
55
View
Shaftesbury Capital logoShaftesbury Capital
GBReal Estate Services
3 days ago
54
View

Frequently asked questions

Common questions about Workspace’s sustainability data and climate commitments

Workspace reported a total of approximately 23.4 million kg CO2e in carbon emissions for the fiscal year 2023. This figure encompasses Scope 1, 2, and 3 emissions, highlighting the company's overall carbon footprint. The emissions data is crucial for understanding Workspace's environmental impact and informs stakeholders about the company's sustainability efforts and progress towards its climate targets.

Data year: 2023

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
data come from?

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