Latest Flex Office Market Insights: London Flexible Office Space Report - January 2024
From cutting-edge initiatives to the benefits of transitioning to an eco-friendly office, we'll explore why these coworking providers are essential for businesses striving to adopt a "green mindset."
In today's climate, companies are increasingly aware of the need to reduce their environmental impact and are taking steps to do so. One such step is partnering with a workspace provider that upholds sustainable practices. Although green offices may come at a higher cost, according to the global JLL Future of Work Survey, 74% of companies surveyed expressed willingness to pay a premium for green credentials, with 56% expecting to do so by 2025.
According to Oktra UK,
"A Green Office considers its impact on the environment and takes necessary measures to ensure energy efficiency and lower emissions. Sustainability and biophilic design are integral components of green offices."
Recent data from Bupa found that 68% of Gen Z feel more concerned about environmental issues than other age groups, and 54% reported being willing to take a pay cut for the sake of ESG concerns. As environmental concerns continue to grow, commitment to sustainability is essential if companies hope to attract and retain talent.
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Second Home is a London-based company providing coworking and serviced offices in four locations across the city. The company has further sites in Los Angeles, California (USA), and Lisbon, Portugal. Across its locations, Second Home utilizes green energy solutions, including a “bubble roof” at one of its London sites that actively responds to external weather conditions to reduce heating and cooling waste.
Work.Life is committed to creating sustainable, inclusive, and happier workspaces for businesses that care about people. Work.Life is committed to sourcing local, sustainable suppliers in order to support its community and reduce its carbon footprint. They are continually reviewing their environmental impact to make use of the latest technologies, while also searching for ways to further improve.
x+why is a flexible workspace provider that believes that advancing people and the planet, as well as profit, goes beyond responsibility; it makes exceptional sense. They are focussed on building a community of purpose-driven businesses that understand that business should be a force for good.
Comprising of 14 flexible, consciously designed spaces the Fora workplace experience is engineered to maximise productivity, well-being, and overall satisfaction. Having recently merged with The Office Group, Fora has remained focussed on achieving net zero carbon by 2030 and remains sustainably focused.
Uncommon has the vision to create a safe and sustainable environment for its members, team, and partners in which to thrive. To ensure this, they have developed their own environmental, social and governance (ESG) strategy with ambitious market-leading targets for environmental and social issues.
The UK is leading the way in sustainability, offering a range of workspace providers who have made it their mission to reduce their environmental impact while still providing exceptional services. With the help of these 5 sustainable workspace providers, businesses can make a lasting difference within their own organizations and shift towards an eco-friendly future.
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