SpacetoCo's ESG Statement

SpacetoCo is committed to conducting business in an environmentally sustainable, socially responsible, and ethically governed manner. Operating within the sharing economy, our platform supports the efficient use of existing built assets to create positive, lasting impact.

Environmental Initiatives

SpacetoCo reduces its environmental impact by maximising resource efficiency, supporting sustainable practices, and limiting its ecological footprint across several key areas:

• Company culture: Operating as a remote-first organisation minimises commuting emissions, physical office energy consumption, and paper waste.
• Energy management: As a cloud-based platform, SpacetoCo hosts services on Amazon Web Services (AWS), which is committed to net-zero carbon operations by 2040. Co-working spaces are used for central team meetings to share resource requirements.
• Resource management and circular economy: Digital operations avoid excess office waste. Sharing space through our marketplace increases infrastructure utilisation and reduces resource demand.
• Greenhouse gas emissions: Emissions are limited through remote work, minimal business travel, EV salary sacrifice schemes, and virtual meetings.
• Solid waste and water management: Devices are maintained for extended lifecycles and recycled responsibly through e-waste services. Operating with minimal physical infrastructure limits direct water and solid waste generation.
• Provider alignment: External suppliers and contractors are evaluated to ensure their environmental commitments align with SpacetoCo standards.

Social Responsibility

SpacetoCo focuses on fostering equity, inclusion, and well-being for employees, Customers, and local communities:

• Diversity and inclusion: We maintain a workplace that respects and celebrates diverse backgrounds and perspectives.
• Employee well-being: Remote-first and flexible work arrangements support work-life balance. Employees receive professional development budgets, career advocates, and access to wellness programs.
• Community engagement: SpacetoCo supports community centres, non-profits, and sector associations through conference sponsorships, community events, and free Co-Lab webinars.
• Customer experience: The platform provides a transparent, accessible, and inclusive booking service for all venue users.

Governance and Ethics

SpacetoCo upholds high standards of accountability, integrity, and operational transparency:

• Ethical business practices: SpacetoCo maintains a zero-tolerance policy for corruption and unethical behaviour.
• Accountability: Management reviews ESG initiatives annually to assess performance and continuously improve business practices.
• Data privacy and security: User data is managed securely in compliance with relevant privacy regulations, including GDPR. Learn more in the SpacetoCo Privacy Policy
• Corporate governance: Our board of directors provides diverse oversight and transparent corporate reporting.

Operational Goals

• Emissions reduction: Endeavour to calculate operational emissions and achieve net-zero carbon status by 2050 or earlier.
• Partner support: Work with Hosts and partner organisations to encourage energy efficiency and sustainable practices across listed venues.
• Customer awareness: Encourage sustainable behaviours and gather feedback from venue users to promote responsible space sharing.
• Annual review: Evaluate and update sustainability practices and governance policies annually.