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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
A-List 2020 Climate Disclosure Project
A score - and supplier engagement leader
Workspace achieved an A in the 2020 Climate Disclosure Project (CDP), up from a A- last year. We're proud to have earned a position on CDP's Climate A List for our leadership in environmental transparency. CDP score over 8,000 companies from A to D- on the quality of their climate disclosure and action towards a low-carbon future.
GRESB
78 Real Estate Assessment Score 81 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.
EPRA
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.
FTSE4Good
3.6 absolute rating out of 5 89% relative percentile score
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 3.6 out of 5 (Absolute Rating) and 89% (Relative Percentile Score).
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.
The Social Mobility Pledge
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.
Mayor of London's Healthy Workspace Foundation
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.
Renewable for business
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.
WiredScore
Around half of our buildings are Wired Certified
The Wired Certification highlights buildings that have been independently assessed and certified by WiredScore to offer the very best connectivity. Workspace is delighted to have achieved the Wired Certified Platinum rating at The Metal Box Factory (only 10% of buildings that have been Wired Certified in the world so far have achieved this rating) and the Wired Certified Gold rating for Grand Union Studios, Clerkenwell Workshops and Salisbury House. Workspace continues to invest in its digital infrastructure ensuring the best in connectivity for its customers today and tomorrow.
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.
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.
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.
Climate change mitigation is a cornerstone of our ESG strategy.
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