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Safestore Holdings PLC

Common Name
Safestore Holdings
Country
United Kingdom
Sector
Real Estate
Industry
REIT - Industrial
Employees
800
Ticker
SAFE
Exchange
LONDON STOCK EXCHANGE
Description
Safestore Holdings plc is a prominent provider of self-storage solutions in the United Kingdom and France. As a storage service company, its primary function is to offer convenient and secure storage ...

Safestore Holdings's GHG Emissions Data Preview

In 2024, Safestore Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Safestore Holdings has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Safestore Holdings’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Safestore Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Safestore Holdings’s data sources below and access millions more through our Disclosure Search.

a. Safestore Holdings's Annual Report 2024
a. Safestore Holdings's Annual Report 2024
b. Safestore Holdings's Annual Report 2023
b. Safestore Holdings's Annual Report 2023

Insights into Safestore Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Safestore Holdings amounted to 3,541 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Safestore Holdings increased by 2.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Safestore Holdings's Scope 1 Emissions Over Time

20192020202120222023202402505007501 ktCO2e-13%+5%-17%-2%-17%
  • Total Scope 1
  • Year-over-Year Change

What are Safestore Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Safestore Holdings were 536 metric tons of CO₂ equivalent (tCO₂e).a

Has Safestore Holdings reduced its Scope 1 emissions over time?

Since 2019, Safestore Holdings's Scope 1 emissions have decreased by 38.32%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Safestore Holdings's Scope 1 emissions decreased by 16.77%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Safestore Holdings's Scope 2 emissions?

In 2024, Safestore Holdings reported Scope 2 greenhouse gas (GHG) emissions of 87 tCO₂e using the market-based method and 3,005 tCO₂e using the location-based method.a

Has Safestore Holdings reduced its Scope 2 emissions over time?

Since 2019, Safestore Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 14.8%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Safestore Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Safestore Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Safestore Holdings use for Scope 2 reporting?

In 2024, Safestore Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a

Safestore Holdings's Scope 2 Emissions Over Time

20192020202120222023202409001.8 k2.7 k3.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Safestore Holdings's Value Chain Emissions

In 2024, Safestore Holdings reported 369 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Safestore Holdings includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Safestore Holdings's Scope 3 Emissions Over Time

2019202020212022202320240150300450600tCO2e-15%-7%+27%+4%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Safestore Holdings's Scope 3 emissions?

In 2024, Safestore Holdings reported total Scope 3 emissions of 369 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Safestore Holdings reduced its Scope 3 emissions over time?

Since 2019, Safestore Holdings's Scope 3 emissionshave remained relatively stable, indicating that Safestore Holdings's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2023), Safestore Holdings's Scope 3 emissions decreased by 12.14%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Safestore Holdings disclose?

In 2024, Safestore Holdings reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Safestore Holdings's Scope 3 emissions?

In 2024, the largest contributors to Safestore Holdings's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 248 tCO₂e (69.9%)
  • Business Travel (Cat. 6): 103 tCO₂e (29.03%)
  • Waste Generated in Operations (Cat. 5): 3.8 tCO₂e (1.07%)

Safestore Holdings's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(1.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(69.9%)Business Travel(Cat. 6)(29.0%)

Insights into Safestore Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Safestore Holdings reported Scope 1 greenhouse gas (GHG) emissions of 536 tCO₂e and total revenues of USD 290 millions. This translates into an emissions intensity of 1.85 tCO₂e per millions USD.a

Safestore Holdings's Scope 1 Emissions Intensity Compared to Peers

0.1520020,0001,000,000Scope 1 Emissions (tCO2e)502005002,00010,000Revenues (Millions of USD)LWorkspace GroupYear: 2025Scope 1: 1,912 tCO2eRevenue: $M 240Scope 1 Intensity: 7.98 tCO2e/$MTritax Big Box ReitYear: 2021Scope 1: 0 tCO2eRevenue: $M 1,250Scope 1 Intensity: 0.00 tCO2e/$MArganYear: 2024Scope 1: 65 tCO2eRevenue: $M 249Scope 1 Intensity: 0.26 tCO2e/$MMapletree Industrial TrustYear: 2025Scope 1: 430 tCO2eRevenue: $M 507Scope 1 Intensity: 0.85 tCO2e/$MNSAYear: 2023Scope 1: 4,403 tCO2eRevenue: $M 858Scope 1 Intensity: 5.13 tCO2e/$MTerreno RealtyYear: 2022Scope 1: 5 tCO2eRevenue: $M 276Scope 1 Intensity: 0.02 tCO2e/$MEastgroup PropertiesYear: 2024Scope 1: 3 tCO2eRevenue: $M 638Scope 1 Intensity: 0.00 tCO2e/$MLondonMetric PropertyYear: 2024Scope 1: 77 tCO2eRevenue: $M 225Scope 1 Intensity: 0.34 tCO2e/$MExtra Space StorageYear: 2024Scope 1: 37,171 tCO2eRevenue: $M 3,257Scope 1 Intensity: 11.41 tCO2e/$MLLLineageYear: 2024Scope 1: 292,065 tCO2eRevenue: $M 5,340Scope 1 Intensity: 54.69 tCO2e/$MDream Industrial REITYear: 2023Scope 1: 2,338 tCO2eRevenue: $M 331Scope 1 Intensity: 7.07 tCO2e/$MLXP Industrial TrustYear: 2024Scope 1: 235 tCO2eRevenue: $M 358Scope 1 Intensity: 0.66 tCO2e/$MMEL REITYear: 2023Scope 1: 1 tCO2eRevenue: $M 100Scope 1 Intensity: 0.01 tCO2e/$MMapletree Logistics TrustYear: 2025Scope 1: 946 tCO2eRevenue: $M 532Scope 1 Intensity: 1.78 tCO2e/$MMonteaYear: 2024Scope 1: 13,859 tCO2eRevenue: $M 143Scope 1 Intensity: 97.04 tCO2e/$MCapitaLand Ascendas REITYear: 2024Scope 1: 3,554 tCO2eRevenue: $M 1,117Scope 1 Intensity: 3.18 tCO2e/$MNational Storage REITYear: 2024Scope 1: 759 tCO2eRevenue: $M 227Scope 1 Intensity: 3.35 tCO2e/$MSEGROYear: 2024Scope 1: 2,568 tCO2eRevenue: $M 847Scope 1 Intensity: 3.03 tCO2e/$MPublic StorageYear: 2024Scope 1: 32,399 tCO2eRevenue: $M 4,696Scope 1 Intensity: 6.90 tCO2e/$MRexford Industrial RealtyYear: 2024Scope 1: 21 tCO2eRevenue: $M 938Scope 1 Intensity: 0.02 tCO2e/$MLaSalle Logiport REITYear: 2023Scope 1: 126 tCO2eRevenue: $M 152Scope 1 Intensity: 0.83 tCO2e/$MSafestore HoldingsYear: 2024Scope 1: 536 tCO2eRevenue: $M 290Scope 1 Intensity: 1.85 tCO2e/$M

How does Safestore Holdings's GHG emissions intensity compare to its peers?

In 2024, Safestore Holdings reported a Scope 1 emissions intensity of 1.85 tCO₂e per millions USD. Compared to the peer group median of 1.78, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Safestore Holdings rank on GHG emissions intensity within its industry?

In 2024, Safestore Holdings ranked 12 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Safestore Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Safestore Holdings's Total Carbon Footprint

In 2024, Safestore Holdings reported a total carbon footprint of 3,910 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.11% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Safestore Holdings's total carbon footprint was Scope 2 emissions, accounting for 76.85% of the company's total carbon footprint, followed by Scope 1 emissions at 13.71%.a

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