Shurgard Self Storage Ltd

Shurgard Self Storage Ltd's reported carbon emissions

Shurgard Self Storage Ltd, headquartered in LU and operating in real estate services (70), reported a total of approximately 401.2 billion kg CO2e in emissions for the 2024 reporting year. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Delving deeper into the breakdown for 2024: * **Scope 1 emissions** amounted to approximately 1.4 million kg CO2e. * **Scope 2 emissions** were approximately 0.75 million kg CO2e (market-based) and approximately 4.4 million kg CO2e (location-based). * **Scope 3 emissions** were substantial, totalling approximately 399.1 billion kg CO2e. The largest contributors within Scope 3 include capital goods (approximately 341.5 billion kg CO2e), downstream transportation and distribution (approximately 12.5 billion kg CO2e), and end-of-life treatment of sold products (approximately 7.5 billion kg CO2e). In the prior year, 2023, Shurgard's Scope 1 and Scope 2 emissions (market-based) totalled approximately 1.4 million kg CO2e, with location-based Scope 2 emissions at approximately 3.5 million kg CO2e. Scope 3 emissions for 2023 included business travel at approximately 0.4 million kg CO2e, employee commute at approximately 0.3 million kg CO2e, and downstream transportation and distribution at approximately 7.6 million kg CO2e. Shurgard has set ambitious climate commitments. Notably, the company has committed to achieving Net Zero in its operations by 2030. Furthermore, Shurgard has demonstrated a significant reduction in its location-based absolute Scope 1 and 2 emissions, decreasing them by approximately 25% from 7,649 tonnes CO2e in 2017 to 5,761 tonnes CO2e in 2024. The company also targeted a 10.0% reduction in carbon emissions in 2023 against a 2017 baseline on a like-for-like basis for both Scope 1 and Scope 2 emissions.