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OUR esg Achievements

Awards, accreditations and memberships

OUR esg Achievements

Awards, accreditations and memberships

We are proud to share our ESG achievements and the areas in which we have received external recognition. 

We have a successful long-term track record of meeting stringent requirements in sustainability, carbon disclosure and environmentally responsible building practices, as well as upholding high social welfare standards. 

esg ratings

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    CDP 2021

    Workspace achieved an A- rating in the 2021 Carbon Disclosure Project. We are also proud to have been recognised as a Supplier Engagement Leader for the second year in a row.

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    GRESB

    5 Star Rating 87 Real Estate Assessment Score 93 Development Assessment Score A Public Disclosure Score

    5 Star Rating 87 Real Estate Assessment Score 93 Development Assessment Score A Public Disclosure Score

    We gained a Green Star for the seventh year in a row for the GRESB (Global Real Estate Sustainability Benchmark) survey. We achieved an A rating for Public Disclosure and scored 78/100 in the Real Estate Assessment, and 81/100 in the Development Assessment, exceeding both the average score of 70 and 74 respectively. GRESB changed their structure significantly this year which is why our score has reduced from last year, along with most participants. Objective comparison between absolute GRESB scores from this year and previous years is therefore not meaningful. Our GRESB allows us and our investors to measure our sustainability performance within the real estate sector.

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    EPRA

    Gold Sustainability Best Practice Award

    Gold Sustainability Best Practice Award

    We were awarded another Gold for reporting in line with the 2020 European Sustainability Best Practice Recommendations (EPRA sBPRs) for the seventh year in a row. The EPRA sBPR Awards are intended to raise the standards and consistency of sustainability reporting for listed real estate companies across Europe. As with the EPRA financial BPR Awards, each year EPRA recognises companies which have issued the best-in-class annual sustainability performance report.

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    FTSE4Good

    3.0 absolute ranking out of 5

    3.0 absolute ranking out of 5

    We were once again included in the FTSE4Good Index, which helps us assess our achievements against a transparent and evolving global corporate responsibility standard. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. This year we achieved 3.0 out of 5 (Absolute Rating) and 89% (Relative Percentile Score).

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    Investors in People

    Gold

    Gold

    We continued to hold our Investors in People accreditation. There are four different levels; Standard, Bronze, Silver and Gold, and in order to achieve Gold we had to provide 126 additional evidence requreiements. The Standard defines what it takes to lead, support and manage people well for sustainable results.

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    The Social Mobility Pledge

    Commitment

    Commitment

    We have signed up to the Social Mobility Pledge and have committed to the following: 

    1. Partnership - Partner with schools or colleges to provide coaching to people from disadvantaged backgrounds.

    2. Access - Provide structured work experience to those from disadvantaged backgrounds.

    3. Recruitment - Adopt open employee recruitment practices and promote a level playing field for those from disadvantaged backgrounds.

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    Mayor of London's Healthy Workspace Foundation

    London Healthy Workplace Award Foundation Level

    London Healthy Workplace Award Foundation Level

    The London Healthy Workplace Award is a pan-London framework that supports and recognises investment in staff health and wellbeing, partnering local public health resource with employers. It complements the Mayor’s Good Work Standard which is designed to work alongside other existing initiatives to support fair employment practices and better workplaces. In gaining the Award, Workspace are one of over 250 organisations that have met the standards to date.

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    Renewable for business

    100% renewable energy

    100% renewable energy

    All of our electricity supplies within our group contract are on a 100% renewable tariff with EDF. All source certification meets GHG Protocol Scope 2 Guidance Quality Criteria. We are therefore calculating our market-based emissions in addition to location-based emissions for our scope 2 greenhouse gas reporting. 

memberships

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    Better Buildings Partnership

    We are a member of the Better Building Partnership (BBP) and report into the Real Estate Environmental Benchmark (REEB). The BBP is a collaboration of the UK's leading commercial property owners who are working together to improve the sustainability of existing commercial building stock. The BBP respond to government policies and regulations on behalf of members.

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    British Property Federation

    We are a member of the BPF Sustainability Committee. The committee reflects upon issues of resource efficiency, environmental enhancement, and climate change.

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    Islington Sustainable Energy Partnership

    We sit on the Steering Committee for the Islington Sustainable Energy Partnership (ISEP). Committee members meet six times a year to plan projects and events, and maximise benefit for members and the wider community.

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