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Segro plc, commonly referred to as Segro, is a leading provider of financial intermediation services, excluding insurance and pension funding, with its headquarters based in Great Britain. Established in 1920, the company has a long-standing history of delivering specialised financial solutions across the UK and Europe, supporting a diverse range of clients and industries.
Specialising in financial intermediation, Segro offers a variety of core services that facilitate efficient capital flow and risk management. Its expertise in structuring complex financial transactions and providing tailored intermediary services distinguishes it within the industry. Recognised for its stability and innovative approach, Segro maintains a strong market position, contributing significantly to the financial services sector in its operational regions.
77
DitchCarbon score
+40 vs industry average
Segro’s score of 77 is higher than 85% 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
Low
Financial Intermediation has below-average carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% 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.
Segro's reported carbon emissions
Segro, a UK-based company in financial intermediation services, aims for net-zero carbon emissions across its value chain by 2050, with several Science Based Targets initiative (SBTi) approved targets.
In 2025, Segro reported approximately 2.31 million kg CO2e in Scope 1 emissions, 1.80 million kg CO2e in market-based Scope 2 emissions, and around 39.06 million kg CO2e in Scope 3 emissions (including purchased goods and services and business travel). This compares to 2024 emissions of approximately 2.29 million kg CO2e (Scope 1), 1.30 million kg CO2e (market-based Scope 2), and 0.11 million kg CO2e (Scope 3 business travel, with purchased goods and services data missing). In 2023, total emissions were approximately 716.54 million kg CO2e, with Scope 1 at about 1.97 million kg CO2e, market-based Scope 2 at 0.80 million kg CO2e, and Scope 3 at roughly 713.77 million kg CO2e, heavily influenced by capital goods and downstream leased assets.
Segro has committed to ambitious reduction targets:
- Near-Term Targets: By 2034, Segro aims to reduce absolute Scope 1 and 2 GHG emissions by 58.8% from a 2023 base year. Additionally, it plans to reduce in-use operational GHG emissions of owned and leased buildings (Downstream Leased Assets) by 79.7% per m2 by 2034 from a 2023 base year. Upfront embodied Scope 3 GHG emissions of new buildings (Capital Goods) are targeted for a 57.9% reduction per m2 within the same timeframe.
- Long-Term Targets: By 2050, Segro commits to reduce in-use operational GHG emissions of owned and leased buildings (Downstream Leased Assets) by 95.3% per m2 from a 2023 base year. Upfront embodied Scope 3 GHG emissions of new buildings (Capital Goods) are targeted for a 95.5% reduction per m2 within the same timeframe. Furthermore, remaining absolute Scope 1, 2, and 3 GHG emissions from purchased goods and services and capital goods are targeted for a 90% reduction within the same timeframe.
Segro also maintains a near-term target to reduce the embodied carbon intensity of new developments by 20% by 2030 against a 2020 baseline. The company has committed to being net-zero carbon by 2030 for Scope 1, 2, and the most material Scope 3 emissions (Capital Goods and Downstream Leased Assets), which accounted for 81% of its overall emissions in 2022. Segro is a signatory to The Climate Pledge.
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Segro’s Climate Goals (2030 & 2050)
3 goals2050
90% reduction in scope 3 total
SEGRO further commits to reduce remaining absolute scope 1, 2 and 3 GHG emissions from purchased goods and services and remaining emissions…
On track90%
2050
95.5% reduction in scope 3 upstream
SEGRO also commits to reduce upfront embodied scope 3 GHG emissions of new buildings, covering capital goods, 95.5% per m2 within the same t…
Insufficient data95.5%
2034
57.9% reduction in scope 3 upstream
SEGRO also commits to reduce upfront embodied scope 3 GHG emissions of new buildings, covering capital goods, 57.9% per m2 within the same t…
Insufficient data57.9%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
2034 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
Signed 2021See details
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
Segro1 month ago
77
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Frequently asked questions
Common questions about Segro’s sustainability data and climate commitments
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