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 79 is higher than 89% 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 737,123,000 kg CO2e globally, with specific emissions breakdowns of 2,568,000 kg CO2e for Scope 1 and 2,109,000 kg CO2e for Scope 2 (market-based). The company also disclosed significant Scope 3 emissions, including 238,580,000 kg CO2e from capital goods and 394,051,000 kg CO2e from downstream leased assets. For the UK operations in 2024, SEGRO's emissions were approximately 1,244,000 kg CO2e for Scope 1 and 941,000 kg CO2e for Scope 2 (market-based). Notably, in 2023, the total emissions were about 716,536,000 kg CO2e globally, with Scope 1 at 2,084,000 kg CO2e and Scope 2 at 927,000 kg CO2e (market-based). SEGRO has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using a 2020 baseline. Additionally, the company is committed to achieving net-zero carbon emissions across its value chain by 2050. Near-term targets include a 40% reduction in carbon intensity of properties by 2025 and a 20% reduction in embodied carbon intensity of new developments by 2030. The company has also pledged to eliminate waste to landfill by 2025 and has set interim targets for 2034, including an 81% reduction in corporate and customer emissions intensity compared to a 2023 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect SEGRO's commitment to sustainable practices in the real estate sector.
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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.
