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Public Profile
Financial Intermediation
GB
updated 2 months ago

Segro Sustainability Profile

Company website

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.

88

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.

32

Industry Benchmark

Segro's score of 88 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Segro's reported carbon emissions

In 2024, SEGRO reported total carbon emissions of approximately 737.1 million kg CO2e, comprising 2,568,000 kg CO2e from Scope 1, 2,109,000 kg CO2e from Scope 2 (market-based), and significant Scope 3 emissions of 732,546,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to an 81% reduction in corporate and customer emissions intensity by 2034, using 2023 as a baseline. Additionally, SEGRO aims to achieve net-zero carbon emissions across its value chain by 2050. For its UK operations in 2024, SEGRO's emissions included 1,244,000 kg CO2e from Scope 1 and 941,000 kg CO2e from Scope 2 (market-based). The company is also focused on reducing absolute CO2e emissions from its portfolio by 42% by 2030 against a 2020 baseline, specifically targeting both Scope 1 and Scope 2 emissions. SEGRO's climate commitments are further reinforced by its participation in the Science Based Targets initiative (SBTi), where it has committed to reducing Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2020 base year. The company has also pledged to reduce the embodied carbon intensity of new developments by 20% by 2030, compared to a 2020 baseline. Overall, SEGRO's comprehensive approach to carbon emissions reduction reflects its commitment to sustainability and aligns with industry standards for climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2014201620172018201920202021202220232024
Scope 1
8,848,000
0,000,000
0,000,000
0,000,000
000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
27,860,000
00,000,000
0,000,000
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

How Carbon Intensive is Segro's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Segro's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Segro's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Segro is in GB, which has a very low grid carbon intensity relative to other regions.

Segro's Scope 3 Categories Breakdown

Segro's Scope 3 emissions, which increased by 3% last year and increased by approximately 37% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 54% of Scope 3 emissions.

Top Scope 3 Categories

2024
Downstream Leased Assets
54%
Capital Goods
33%
Purchased Goods and Services
13%
Fuel and Energy Related Activities
<1%
Business Travel
<1%
Employee Commuting
<1%
Waste Generated in Operations
<1%
Upstream Transportation & Distribution
<1%

Segro's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Segro has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Segro's Emissions with Industry Peers

Annaly Capital Management

US
•
Real estate services (70)
Updated about 1 month ago

Berkshire Group Ltd.

VG
Updated 3 months ago

Intu Properties Plc

GB
•
Real estate services (70)
Updated 2 days ago

Blackstone Real Estate Partners Limited

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Glp

SG
•
Real estate services (70)
Updated about 1 month ago

Landsec

GB
•
Real estate services (70)
Updated 5 days ago

Frequently Asked Questions

Common questions about Segro's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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