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 41 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 significant contributions from Scope 3 emissions, which accounted for about 49,498,000 kg CO2e. Scope 1 emissions were about 6,000 kg CO2e, primarily from fugitive emissions, while Scope 2 emissions totalled approximately 15,000 kg CO2e, with 10,000 kg CO2e from location-based sources. Comparatively, in 2022, Sagax's total emissions were about 45,948,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at approximately 10,000 kg CO2e, Scope 2 at about 34,000 kg CO2e, and Scope 3 at around 45,874,000 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 aligns with the Science Based Targets initiative (SBTi) and is designed to support the global goal of limiting temperature rise to 1.5°C. Additionally, Sagax is committed to measuring and reducing its Scope 3 emissions, which represent the majority of its carbon footprint. The company also has a near-term goal to reduce energy use by 30% across both Scope 1 and Scope 2 emissions between 2018 and 2025. This commitment reflects Sagax's proactive approach to sustainability and its recognition of the importance of reducing energy consumption in mitigating climate change impacts.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000 | 00,000 | 0,000 |
| Scope 2 | - | 0,000,000 | 00,000 | 00,000 |
| Scope 3 | 27,000 | 00,000,000 | 00,000,000 | 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.
