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Workspace Group PLC

Common Name
Workspace Group
Country
United Kingdom
Sector
Real Estate
Industry
REIT - Office
Employees
322
Ticker
WKP
Exchange
London Stock Exchange
Description
Workspace Group plc is a real estate investment trust (REIT) specializing in the acquisition, design, development, and ownership of office buildings primarily in London. Established in 1987 through th...

Workspace Group's Climate Target Data Preview

As of 2025, Workspace Group has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 2 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Workspace Group's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-8%a
2025
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
-46%a
2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2040
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-58%a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-90%a
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Workspace Group’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Workspace Group’s data sources below and access millions more through our Disclosure Search.

a. Workspace Group's Annual Report 2025

Insights into Workspace Group's Greenhouse Gas Emissions Pathways

As of 2025, Workspace Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Workspace Group have a target to reduce the emissions from its operations?

As of 2025, Workspace Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Workspace Group's most ambitious operational target is to reduce these emissions by 8% by 2025, compared to a baseline of 8,610 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024.a

As of 2025, Workspace Group is on track to meet its operational emissions reduction target, having achieved 89.25% of the planned reduction.a

Workspace Group's Operational (Scope 1+2) Emissions Pathway

2024202502.5 k5 k7.5 k10 kCurrent (-7%)

Does Workspace Group have a target to reduce the emissions from its value chain?

As of 2025, Workspace Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Workspace Group's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 19,190 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a

As of 2025, Workspace Group is ahead of schedule on its value chain emissions reduction target, having achieved 49.14% of the planned reduction.a

Workspace Group's Value Chain (Scope 3) Emissions Pathway

202020252030204005 k10 k15 k20 kBaselineCurrent (-44%)Target 2040 (-90%)

Does Workspace Group have a target to reduce its total carbon footprint?

As of 2025, Workspace Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a

Workspace Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 31,631 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 90% by 2040.a

As of 2025, Workspace Group is ahead of schedule on its total carbon footprint reduction target, having achieved 38.87% of the planned reduction.a

Workspace Group's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20202025204008 k16 k24 k32 kBaselineCurrent (-35%)Target 2040 (-90%)
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