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OrganisationsSegro
Segro logo

Segro

Financial IntermediationUnited KingdomPNK: SEGXF
Last verified 20 days agosegro.com

Segro plc, a leading UK-based real estate investment trust, is headquartered in Greater London, GB. Founded in 1920, Segro has established itself as a prominent player in the logistics and industrial property sector, focusing on the development and management of high-quality warehouses and distribution centres across Europe.

With a strong presence in key operational regions including the UK, France, Germany, and the Netherlands, Segro offers a diverse portfolio of properties tailored to meet the evolving needs of businesses in e-commerce, logistics, and manufacturing. The company is renowned for its innovative approach to sustainable development, integrating green technologies into its projects.

Notable achievements include a robust market position as one of the largest owners of industrial property in Europe, consistently recognised for its commitment to sustainability and customer service excellence.

76
DitchCarbon score

+41 vs industry average

Segro’s score of 76 is higher than 87% 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

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2028

000.0M000.0M000.0M000.0M0

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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.

Segro's reported carbon emissions

In 2025, SEGRO reported total carbon emissions of approximately 71,653,600 kg CO2e, comprising 2,306,000 kg CO2e from Scope 1, 1,801,000 kg CO2e from Scope 2 (market-based), and 39,000,000 kg CO2e from Scope 3 emissions, which include significant contributions from purchased goods and services. SEGRO has set ambitious climate commitments, aiming for net-zero carbon emissions by 2030. This target encompasses Scope 1, 2, and key elements of Scope 3 emissions, particularly focusing on capital goods and downstream leased assets, which together accounted for 81% of their overall emissions in 2022. Additionally, they aim to reduce the embodied carbon intensity of new developments by 20% by 2030, using a 2020 baseline. The company has also committed to reducing absolute Scope 1 and 2 emissions by 42% by 2030, with a further target to achieve a 58.8% reduction in these emissions by 2034. Long-term goals include a 95.3% reduction in operational GHG emissions per square metre by 2050, alongside a 90% reduction in remaining absolute Scope 1, 2, and 3 emissions from purchased goods and services and capital goods. SEGRO's climate strategy is aligned with the Science Based Targets initiative (SBTi), ensuring their targets are consistent with the reductions necessary to limit global warming to 1.5°C. The company is also a signatory of the Amazon Climate Pledge, reinforcing its commitment to sustainability and climate action.

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Segro’s Climate Goals (2030 & 2050)

4 goals

2030

We have committed to reducing the embodied carbon in its dev…

We have committed to reducing the embodied carbon in its development programme as well as reducing the carbon-intensity of our properties. W…

On track0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

2 of 15 categories disclosed
Purchased Goods & Services100%
Business Travel0%
Purchased Goods & Services100%
Business Travel0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2034 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

Signed 2021See details
Active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Segro logoSegro
GBFinancial Intermediation
20 days ago
76
Landsec logoLandsec
GBReal Estate Services
5 days ago
98
View
British Land logoBritish Land
GBReal Estate Services
10 days ago
74
View
The Crown Estate logoThe Crown Estate
GBPublic Administration
10 days ago
71
View
Icade logoIcade
FRReal Estate Services
22 hours ago
64
View
Covivio logoCovivio
FRFinancial Intermediation
1 day ago
63
View
Merlin Properties logoMerlin Properties
ESReal Estate Services
7 days ago
54
View

Frequently asked questions

Common questions about Segro’s sustainability data and climate commitments

In 2025, Segro reported total carbon emissions of approximately 71.7 million kg CO₂e. This includes around 2.3 million kg CO₂e from Scope 1 emissions, about 1.8 million kg CO₂e from Scope 2 emissions, and approximately 39 million kg CO₂e from Scope 3 emissions, which primarily arise from purchased goods and services. This data highlights Segro's significant carbon footprint and underscores the importance of their ongoing sustainability initiatives.

Data year: 2025

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