Sagax
Sagax, officially known as Sagax AB, is a prominent player in the real estate investment sector, headquartered in Sweden (SE). Founded in 2004, the company has established a strong presence in the Nordic region, focusing on logistics and industrial properties. Sagax is renowned for its strategic acquisitions and development of high-quality assets, which cater to the evolving needs of businesses in a dynamic market. With a commitment to sustainability and innovation, Sagax offers unique investment opportunities that stand out in the competitive landscape. The company has achieved significant milestones, including a robust portfolio that spans multiple countries, solidifying its position as a leader in the real estate industry. Sagax continues to drive growth through its expertise in property management and development, making it a trusted name for investors seeking reliable returns.
DitchCarbon Score
How does Sagax's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sagax's score of 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sagax's reported carbon emissions
In 2023, AB Sagax reported total carbon emissions of approximately 49,542,000 kg CO2e, with emissions distributed across various scopes: 6,000 kg CO2e (Scope 1), 42,000 kg CO2e (Scope 2), and a significant 49,874,000 kg CO2e (Scope 3). This represents an increase from 2022, where total emissions were about 45,948,000 kg CO2e, with Scope 1 emissions at 11,000 kg CO2e and Scope 2 at 62,000 kg CO2e. Sagax has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. Additionally, Sagax is committed to measuring and reducing its Scope 3 emissions, which are primarily driven by downstream leased assets. The company has also established a near-term target to reduce energy use by 30% across both Scope 1 and Scope 2 emissions between 2018 and 2025. As part of its ongoing efforts, Sagax has reported a 10% decrease in CO2e emissions from property management as of 2023. Overall, Sagax's climate strategy reflects a proactive approach to sustainability within the real estate sector, focusing on significant reductions in both direct and indirect emissions.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 | 0,000 |
| Scope 2 | - | 00,000 | 00,000 | 00,000 |
| Scope 3 | 27,000 | 00,000 | 000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sagax is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
