Uplifting neighborhoods and cities
WeWork is supporting economic growth in neighborhoods and cities around the world.
Supporting our neighborhoods
When a WeWork location opens, it brings economic opportunity to the neighborhood. Through spending and job creation, each WeWork location has a direct and indirect impact in its community.
84% of WeWork members did not work in the neighborhood prior to joining WeWork, bringing more activity and spending at local restaurants and shops.DOWNLOAD FULL REPORT
of members globally did not work in the neighborhood prior to joining their location, bringing more activity and spending to local restaurants and shops.
22% of WeWork members have moved closer to their WeWork location since joining.DOWNLOAD FULL REPORT
WeWork members moved closer to their WeWork location since joining.
64% of WeWork members visit neighborhood cafés, restaurants, and businesses daily.DOWNLOAD FULL REPORT
of WeWork members visit neighborhood cafés, restaurants, and businesses daily.
Commuting more sustainably
From public transportation to walking and biking, WeWork members help reduce carbon emissions while commuting.
of WeWork members globally use sustainable forms of public transportation (walk, bike, public transit).
98% of WeWork members use sustainable forms of public transit (walk, bike, public transit).
Globally, 40% of WeWorks members who used to drive by themselves to work have switched to using more sustainable forms of transit since joining WeWork.
89% of WeWorks members who used to drive by themselves to work have switched to using more sustainable forms of transportation since joining WeWork.
Creating a global network of cities
“WeWork has created the physical-world equivalent of a digital platform, generating value by imprinting design onto physical space, which leads to network effects at both the individual and institutional levels. Its global constellation of companies and entrepreneurs allows members to tap into and realize value from these economic spillovers within their local communities and across cities.”
Dr. Arun Sundararajan
Professor of Business at NYU, Author of The Sharing Economy
On average, the 25 largest enterprise member companies have members in at least 10 cities around the world.
49% of enterprise members globally say that WeWork has helped them enter new markets.
WeWork helps cities by fueling innovation and accelerating small business growth
Small businesses and high-growth companies are the backbone of a healthy economy. WeWork is home to the world’s most innovative and cutting-edge businesses.
1 in 8
first-time entrepreneurs in major U.S. cities are WeWork members.
Average job growth rate across small and medium-sized WeWork member companies compared to 1.7% job growth rate in WeWork markets globally.
In major U.S. cities, 83% of WeWork members are in the Innovation Economy compared to 15% outside of WeWork. Globally, 76% of members are in the Innovation Economy.
of all workers in the Innovation Economy in the U.S. are WeWork members.
This adds up, spurring economic growth
The WeWork economy creates a powerful multiplier for cities, injecting billions into local economies and helping spur financial growth.
Globally, for every WeWork member, another 0.7 jobs are supported across local economies.
In the U.S., for every WeWork member, an additional 1.2 jobs are supported across local economies.
Direct and indirect contribution to GDP worldwide. If the WeWork economy was a city, it’s GDP would be equivalent to that of Vancouver, Dublin or Austin.
Jobs supported by the
Los Angeles, CA
80% of WeWork members in Los Angeles are in the Innovation Economy, (vs. 15% in the region as a whole).
90% of WeWork members in Singapore are in the Innovation Economy.
Ciudad de México
73% of WeWork members in Ciudad de México are in the Innovation Economy.
New York, NY
WeWork economy directly contributed $19.67B of GDP and in total supports $31.53B, ($19.67B direct and $11.86B indirect) of GDP in the city.
Together we’re making our cities more sustainable
From how we commute to the meals we serve and how we serve them, we can make a big impact for the benefit of the environment and future generations.
A carbon-neutral future. WeWork has committed to being fully carbon-neutral by 2023. The carbon emissions associated with all WeWork corporate travel have been offset via a donation to the Carbonfund.org Envira Amazonia Project.
More sustainable urban development
WeWork is 2.5x more efficient with space than a typical office, freeing up room for new people, businesses, and jobs. Increased efficiency of real estate can reduce a city’s carbon footprint and enable people to work closer to public transit, unlocking space in neighborhoods without requiring additional construction.
WeWork is eliminating the need for the renovation of approximately 68 million square feet of commercial real estate globally.
metric tons of carbon saved through commercial construction renovation and more efficient use of space rather than new construction of WeWork spaces.
Our efficiency with space results in the equivalent of removing 380,000 cars off the road.
WeWork has eliminated single-use disposable plastics from daily operations, which avoids nearly 4 million pounds of plastic per year.
Together, we’re just getting started
With an international community of 400,000 members around the world, The We Company is building the first global physical platform designed to bring people together to pursue their purpose.