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Sagax, officially known as Sagax AB, is a prominent player in the real estate services industry, headquartered in Sweden (SE). Founded in 2000, the company has established a strong presence in the Nordic region, focusing on the acquisition, management, and development of commercial properties.
With a portfolio that includes logistics, office, and retail spaces, Sagax distinguishes itself through its commitment to sustainability and innovative property solutions. The company has achieved significant milestones, including a robust market position as a leading real estate investment firm, recognised for its strategic growth and operational excellence.
Sagax's unique approach to real estate management and development has garnered attention, making it a trusted partner for investors and tenants alike in the competitive landscape of real estate services.
41
DitchCarbon score
+12 vs industry average
Sagax’s score of 41 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Sagax's reported carbon emissions
Sagax, a real estate services company headquartered in Sweden, reported total carbon emissions of approximately 203.86 million kg CO2e in 2025. This includes about 7,000 kg CO2e from Scope 1, 26,000 kg CO2e (market-based) from Scope 2, and approximately 114.07 million kg CO2e from Scope 3 emissions. Key Scope 3 contributors in 2025 were downstream leased assets (approximately 91.95 million kg CO2e) and capital goods (approximately 16.13 million kg CO2e).
In 2024, Sagax's total emissions were approximately 245.39 million kg CO2e, with about 5,000 kg CO2e from Scope 1, 31,000 kg CO2e (market-based) from Scope 2, and approximately 113.53 million kg CO2e from Scope 3.
Sagax has set several climate commitments. The company aims to reduce direct and indirect greenhouse gas emissions (Scope 1 and Scope 2) by 42% by 2030, using 2022 as a base year. This target is aligned with the Science Based Targets initiative (SBTi), approved for small and medium-sized enterprises (SMEs) to keep warming to 1.5°C. Additionally, Sagax has a near-term target to reduce energy use by 30% between 2018 and 2025 for both Scope 1 and Scope 2 emissions. The company also commits to measuring and reducing its Scope 3 emissions.
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Sagax’s Climate Goals (2030 & 2050)
2 goals2030
42% reduction in Scope 2
AB Sagax commits to reduce scope 2 GHG emissions 42% by 2030 from a 2022 base year.
On track42%
2030
42% reduction in Scope 1
AB Sagax commits to reduce scope 1 GHG emissions 42% by 2030 from a 2022 base year.
Behind target42%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sagax4 months ago
41
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Frequently asked questions
Common questions about Sagax’s sustainability data and climate commitments
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