Safestore Holdings PLC

Common Name
Safestore Holdings
Country
United Kingdom
Sector
Real Estate
Industry
REIT - Industrial
Employees
804
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 2023, 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 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Safestore Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Safestore Holdings amounted to 3,367 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Safestore Holdings increased by 2.65%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Safestore Holdings's Scope 1 Emissions Over Time

20182019202020212022202302505007501 ktCO2e+8%-13%+5%-17%-15%
  • Total Scope 1
  • Year-over-Year Change

What are Safestore Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Safestore Holdings were 564 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Safestore Holdings reduced its Scope 1 emissions over time?

Since 2018, Safestore Holdings's Scope 1 emissions have decreased by 29.66%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Safestore Holdings's Scope 1 emissions decreased by 14.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Safestore Holdings's Scope 2 emissions?

In 2023, Safestore Holdings reported Scope 2 greenhouse gas (GHG) emissions of 47 tCOâ‚‚e using the market-based method, and 2,803 tCOâ‚‚e using the location-based method.

Has Safestore Holdings reduced its Scope 2 emissions over time?

Since 2018, Safestore Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 35.96%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), 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.

What methodology does Safestore Holdings use for Scope 2 reporting?

In 2023, Safestore Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.

Safestore Holdings's Scope 2 Emissions Over Time

20182019202020212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Safestore Holdings's Value Chain Emissions

In 2023, Safestore Holdings reported 420 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Safestore Holdings includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Safestore Holdings's Scope 3 Emissions Over Time

2018201920202021202220230150300450600tCO2e-17%-1%-15%+20%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Safestore Holdings's Scope 3 emissions?

In 2023, Safestore Holdings reported total Scope 3 emissions of 420 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Safestore Holdings reduced its Scope 3 emissions over time?

Since 2018, Safestore Holdings's Scope 3 emissions have decreased by 13.13%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Safestore Holdings's Scope 3 emissions remained relatively stable, indicating that Safestore Holdings 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Safestore Holdings disclose?

In 2023, Safestore Holdings reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Safestore Holdings's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 260 tCOâ‚‚e (61.96%)
  • Business Travel (Cat. 6): 122 tCOâ‚‚e (29.07%)
  • Purchased Goods and Services (Cat. 1): 19.95 tCOâ‚‚e (4.75%)

Safestore Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(4.8%)Business Travel(Cat. 6)(29.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(62.0%)

Insights into Safestore Holdings's Total Carbon Footprint

In 2023, Safestore Holdings reported a total carbon footprint of 3,787 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.77% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Safestore Holdings's total carbon footprint was Scope 2 emissions, accounting for 74.02% of the company's total carbon footprint, followed by Scope 1 emissions at 14.89%.

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