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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Safestore Holdings were 536 metric tons of CO₂ equivalent (tCO₂e).a
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
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
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
In 2024, Safestore Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to Safestore Holdings's Scope 3 emissions were:a
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
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
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
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