Sagax AB

Common Name
Sagax
Country
Sweden
Sector
Real Estate
Industry
Real Estate Services
Employees
101
Ticker
SAGA B
Exchange
NASDAQ STOCKHOLM AB
Description
AB Sagax (publ), a property company, owns and manages a property portfolio in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries. The company invests in commercial properti...

Sagax's GHG Emissions Data Preview

In 2024, Sagax 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).

Sagax has also provided a category-level breakdown for 8 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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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Sagax’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 Sagax’s data sources below and access millions more through our Disclosure Search.

a. Sagax's Annual Report 2024
a. Sagax's Annual Report 2024
b. Sagax's Annual Report 2022
b. Sagax's Annual Report 2022

Insights into Sagax's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sagax amounted to 32 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 Sagax decreased by 25.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Sagax's Scope 1 Emissions Over Time

20212022202320240481216tCO2e-31%-45%-17%
  • Total Scope 1
  • Year-over-Year Change

What are Sagax's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sagax were 5 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Sagax's Scope 1 emissions decreased by 16.67%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Sagax's Scope 2 emissions?

In 2024, Sagax reported Scope 2 greenhouse gas (GHG) emissions of 31 tCO₂e using the market-based method and 27 tCO₂e using the location-based method. a

Has Sagax reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Sagax's Scope 2 emissions (Location-Based) fell by 27.03% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Sagax use for Scope 2 reporting?

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

Sagax's Scope 2 Emissions Over Time

2020202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sagax's Value Chain Emissions

In 2024, Sagax reported 113,532 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 Sagax includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Sagax's Scope 3 Emissions Over Time

20202021202220232024030 k60 k90 k120 ktCO2e+69%+185%+8%+129%
  • Total Scope 3
  • Year-over-Year Change

What are Sagax's Scope 3 emissions?

In 2024, Sagax reported total Scope 3 emissions of 113,532 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 11.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.25% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Sagax reduced its Scope 3 emissions over time?

Since 2020, Sagax's Scope 3 emissions have increased by 1,092.56%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Sagax's Scope 3 emissions increased by 129.37%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Sagax disclose?

In 2024, Sagax reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Downstream Leased Assets (Cat. 13): 97,195 tCO₂e (85.61%)
  • Capital Goods (Cat. 2): 11,844 tCO₂e (10.43%)
  • Investments (Cat. 15): 2,990 tCO₂e (2.63%)

Sagax's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(10.4%)Downstream LeasedAssets (Cat. 13)(85.6%)Investments(Cat. 15)(2.6%)

Insights into Sagax’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Sagax reported Scope 1 greenhouse gas (GHG) emissions of 5 tCO₂e and total revenues of USD 459 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. a

Sagax's Scope 1 Emissions Intensity Compared to Peers

51005,000200,00010,000,000Scope 1 Emissions (tCO2e)201002001,0002,000Revenues (Millions of USD)SVGPYear: 2023Scope 1: 924 tCO2eRevenue: $M 133Scope 1 Intensity: 6.95 tCO2e/$MPlatzer Fastigheter HoldingYear: 2024Scope 1: 216 tCO2eRevenue: $M 152Scope 1 Intensity: 1.43 tCO2e/$MAllosYear: 2023Scope 1: 20,623 tCO2eRevenue: $M 559Scope 1 Intensity: 36.88 tCO2e/$MNyfosaYear: 2023Scope 1: 845 tCO2eRevenue: $M 352Scope 1 Intensity: 2.40 tCO2e/$MCentral China New LifeYear: 2023Scope 1: 1,075 tCO2eRevenue: $M 438Scope 1 Intensity: 2.46 tCO2e/$MRMR GroupYear: 2023Scope 1: 2,394,468 tCO2eRevenue: $M 962Scope 1 Intensity: 2,488.23 tCO2e/$MHysan DevelopmentYear: 2023Scope 1: 1,754 tCO2eRevenue: $M 411Scope 1 Intensity: 4.27 tCO2e/$MAzrieli GroupYear: 2024Scope 1: 2,992 tCO2eRevenue: $M 899Scope 1 Intensity: 3.33 tCO2e/$MWihlborgs FastigheterYear: 2024Scope 1: 510 tCO2eRevenue: $M 379Scope 1 Intensity: 1.35 tCO2e/$MS Enjoy Service GroupYear: 2023Scope 1: 1,914 tCO2eRevenue: $M 835Scope 1 Intensity: 2.29 tCO2e/$MRed Star Macalline GroupYear: 2024Scope 1: 61,525 tCO2eRevenue: $M 1,072Scope 1 Intensity: 57.41 tCO2e/$MAlony HetzYear: 2022Scope 1: 1,273 tCO2eRevenue: $M 495Scope 1 Intensity: 2.57 tCO2e/$MSSSunac Services HoldingsYear: 2023Scope 1: 1,216 tCO2eRevenue: $M 1,078Scope 1 Intensity: 1.13 tCO2e/$MHang Lung PropertiesYear: 2024Scope 1: 4,292 tCO2eRevenue: $M 1,448Scope 1 Intensity: 2.97 tCO2e/$MGrand City PropertiesYear: 2023Scope 1: 9,235 tCO2eRevenue: $M 455Scope 1 Intensity: 20.29 tCO2e/$MHang Lung GroupYear: 2023Scope 1: 4,034 tCO2eRevenue: $M 1,393Scope 1 Intensity: 2.90 tCO2e/$MWallenstamYear: 2024Scope 1: 477 tCO2eRevenue: $M 288Scope 1 Intensity: 1.66 tCO2e/$MFabegeYear: 2022Scope 1: 54 tCO2eRevenue: $M 319Scope 1 Intensity: 0.17 tCO2e/$MNivika FastigheterYear: 2024Scope 1: 55 tCO2eRevenue: $M 66Scope 1 Intensity: 0.84 tCO2e/$MNP3 FastigheterYear: 2024Scope 1: 254 tCO2eRevenue: $M 181Scope 1 Intensity: 1.41 tCO2e/$MPandoxYear: 2024Scope 1: 6,659 tCO2eRevenue: $M 648Scope 1 Intensity: 10.28 tCO2e/$MWharf Real Estate InvestmentYear: 2024Scope 1: 8,888 tCO2eRevenue: $M 1,663Scope 1 Intensity: 5.35 tCO2e/$MSagaxYear: 2024Scope 1: 5 tCO2eRevenue: $M 459Scope 1 Intensity: 0.01 tCO2e/$M

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

In 2024, Sagax reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 2.73 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Sagax rank on GHG emissions intensity within its industry?

In 2024, Sagax ranked 1 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Sagax among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Sagax's Total Carbon Footprint

In 2024, Sagax reported a total carbon footprint of 113,564 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 129.23% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Sagax's total carbon footprint was Scope 3 emissions, accounting for 99.97% of the company's total carbon footprint, followed by Scope 2 emissions at 0.02%. a

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