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.
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.
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.
Segro's score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, SEGRO reported total carbon emissions of approximately 737,123,000 kg CO2e globally, with 2,568,000 kg CO2e from Scope 1, 2,109,000 kg CO2e from Scope 2 (market-based), and significant contributions from Scope 3 emissions, including 238,580,000 kg CO2e from capital goods and 394,051,000 kg CO2e from downstream leased assets. In the UK, SEGRO's emissions were approximately 1,244,000 kg CO2e for Scope 1 and 941,000 kg CO2e for Scope 2 (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, they are committed to achieving net-zero carbon emissions across their value chain by 2050. Near-term targets include a 20% reduction in the embodied carbon intensity of new developments by 2030, against a 2020 baseline, and a 40% reduction in carbon intensity of properties under their influence by 2025, aligned with the Paris Agreement. The company has also pledged to eliminate waste sent to landfill by 2025 and to install no new fossil fuel equipment in its portfolio from December 31, 2030. These targets are part of SEGRO's Responsible SEGRO Framework, which integrates environmental and social considerations into their corporate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
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.
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.

Common questions about Segro's sustainability data and climate commitments