Segro Sustainability Profile
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 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.
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Segro's reported carbon emissions
In 2024, SEGRO's carbon emissions in Great Britain totalled approximately 1,244,000 kg CO2e for Scope 1 and about 941,000 kg CO2e for Scope 2 (market-based). The company has set ambitious targets to reduce its carbon footprint, committing to a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2020 as a baseline. Additionally, SEGRO aims to achieve net-zero carbon emissions across its operations by 2050. The company is also focused on reducing the embodied carbon intensity of new developments by 20% by 2030, compared to a 2020 baseline. This commitment aligns with their broader Responsible SEGRO Framework, which integrates environmental and social considerations into their corporate strategy. In terms of global emissions, SEGRO reported a total of approximately 737,123,000 kg CO2e in 2024, with significant contributions from Scope 3 emissions, including capital goods and downstream leased assets. The company is actively working to measure and reduce these Scope 3 emissions as part of its sustainability initiatives. Overall, SEGRO's climate commitments reflect a strong dedication to reducing greenhouse gas emissions and promoting sustainable practices within the real estate sector.
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| 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 |
How Carbon Intensive is Segro's Industry?
How Carbon Intensive is Segro's Location?
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
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.
