Segro
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.
DitchCarbon Score
How does Segro'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 Financial Intermediation 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
Segro's score of 76 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Segro's reported carbon emissions
In 2024, SEGRO reported total carbon emissions of approximately 736,000,000 kg CO2e, with significant contributions from Scope 1 (2,568,000 kg CO2e), Scope 2 (2,109,000 kg CO2e market-based), and a substantial Scope 3 total of 732,446,000 kg CO2e. The Scope 3 emissions included capital goods (238,580,000 kg CO2e) and downstream leased assets (251,058,000 kg CO2e). In 2023, SEGRO's emissions in the UK were approximately 1,122,000 kg CO2e, with Scope 1 emissions at 336,000 kg CO2e, Scope 2 emissions at 989,000 kg CO2e (market-based), and Scope 3 emissions at 109,615,000 kg CO2e. SEGRO has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using a 2020 baseline. Additionally, they are committed to achieving net-zero carbon emissions across all scopes by 2030, as outlined in their Responsible SEGRO Framework adopted in 2021. The company also targets a 20% reduction in the embodied carbon intensity of new developments by 2030, compared to a 2020 baseline. Furthermore, SEGRO aims to eliminate waste sent to landfill by 2025, with a 100% reduction target against a 2017 baseline. These commitments align with the Science Based Targets initiative (SBTi), which has validated SEGRO's targets, ensuring they are consistent with the reductions required to limit global warming to 1.5°C. The company has also signed the Amazon Climate Pledge, reinforcing its dedication to sustainability and climate action.
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| 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,860,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Segro 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.
