It’s easy to see how coworking saves money. Furniture, appliances, utilities, some office supplies, coffee, security, insurance and office maintenance are built into the monthly cost of renting the space – a cost, mind you, that’s predicable and comes with no upfront expenditures.
But did you know that coworking might also be helping to save the environment?
One of the fundamental components of sustainability is that the shared use of resources helps minimize waste. Most people innately understand this – it’s why some of us carpool, take public transit or donate used belongings to organizations that redistribute them to people in need. All of these are examples of people reducing the amount of resources they consume on a daily basis by sharing them. And so is coworking. Here’s how:
Shared, multi-use spaces
Like food, water and fuel, space is a limited resource. Coworking makes better use of it in a few ways.
Firstly, businesses that occupy coworking space only pay for the space they use. There’s no risk of over-estimating the amount of room you need. If you’re a freelancer or a one-person business, you can pay for a single office or just a desk. If your team doubles in size, you can tack on another membership, and voila! It’s the same story for a bigger company. Coworking facilities have dedicated office spaces that businesses can rent in their entirety, and those spaces come in various sizes to suit your team. It’s like Old Navy but for offices.
We should also point out that unused space is expensive. Rent isn’t cheap, and the only way to really maximize the value of what you’re paying for is to use as much of your square-footage as possible. Otherwise you’re basically paying for more space than you need. With coworking, you only pay for what you know you’re actually going to use, and you do it on a month-by-month basis – no locked-in contracts.
The second thing coworking facilities do well is make multiple uses of their space. There are dedicated conference rooms, lounge areas, dining areas, and refreshment kiosks in one facility. And in some cases like at Workhub, there’s also a gym and a walking track. That’s one less car trip in your day – which saves fuel, time and money. Just imagine a world where everyone worked in a facility with a fitness center.
Shared utilities, appliances and supplies
The cost and the environmental toll of utilities like gas and electricity add up fast. A domestic refrigerator alone consumes – give or take – 495kWh of electricity each year. With coworking, there’s only one set of utility accounts for many different businesses, and shared appliances that will actually give back what they consume in energy by being put to good use for a larger number of people.
Likewise, stores of kitchen supplies such as plastic wear, coffee filters, dish washer soap, cups, paper towels and other supplies are shared among a community of businesses in coworking spaces, and inventories are carefully managed to ensure nothing goes to waste.
Simply put, you focus on your business, and we focus on using utilities, appliances and everyday supplies as efficiently as possible.
Ready to work more sustainably?
At WorkHub, we’ve optimized our office space to serve many businesses at one time so that our members face lower costs, and ultimately waste far fewer resources than they would if they were working out of their own offices.
See for yourself. Take the virtual tour today, or stop in and we’ll show you around in person.