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 94% 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. This figure includes 6,000 kg CO2e from Scope 1 emissions, which primarily stem from fugitive emissions, and 42,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, about 49,498,000 kg CO2e, fall under Scope 3, with significant contributions from business travel and downstream leased assets. AB 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 baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company is also committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to tackling its overall carbon footprint. In summary, AB Sagax is actively working towards significant emissions reductions while maintaining transparency in its climate commitments, positioning itself as a responsible player in the real estate sector in Sweden.
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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 | 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.
