Potential offtaker

Workspace Group PLC

www.workspace.co.uk

Estimated electricity consumption

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Countries of production presence

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Workspace Group PLC is a leading provider of flexible office space solutions in the United Kingdom. The company operates in the Multi Asset Class REIT sector, which involves investing in a variety of real estate assets, including office buildings, retail spaces, and residential properties. Workspace Group PLC has a portfolio of over 4 million square feet of office space across London, providing a range of services to support the needs of businesses of all sizes.

In recent years, Workspace Group PLC has made significant efforts to reduce its carbon footprint and promote sustainability in its operations. The company has implemented a number of initiatives to support decarbonisation, including the installation of energy-efficient lighting and heating systems in its buildings, the use of renewable energy sources, and the promotion of sustainable transport options for its employees and customers.

One of the key ways in which Workspace Group PLC is promoting sustainability is through its corporate energy strategy. The company has set ambitious targets to reduce its energy consumption and carbon emissions, and is working to achieve these goals through a range of measures. These include the use of smart building technology to optimise energy use, the installation of solar panels and other renewable energy sources, and the implementation of energy-efficient building design principles.

Another important aspect of Workspace Group PLC's sustainability strategy is its focus on corporate power purchase agreements (PPAs) for renewable energy. PPAs allow companies to purchase renewable energy directly from generators, providing a reliable and cost-effective source of clean energy. Workspace Group PLC has signed a number of corporate PPAs with renewable energy providers, helping to support the growth of renewable energy in the UK and reduce the company's carbon footprint.

In addition to its efforts to promote sustainability in its own operations, Workspace Group PLC is also working to support its customers in their own sustainability efforts. The company offers a range of services to help businesses reduce their energy consumption and carbon emissions, including energy audits, sustainability training, and access to renewable energy sources.

Overall, Workspace Group PLC is a leader in promoting sustainability and decarbonisation in the Multi Asset Class REIT sector. The company's commitment to reducing its carbon footprint and promoting renewable energy is helping to drive positive change in the UK real estate industry, and is setting an example for other companies to follow. With its focus on sustainability and innovation, Workspace Group PLC is well-positioned to continue leading the way in the years to come.

✓ Science Based Targets member
✓ Declared Net Zero commitment