Sagax AB

Common Name
Sagax
Country
Sweden
Sector
Real Estate
Industry
Real Estate Services
Employees
98
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 2023, 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 6 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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Unspecified Calculation Method
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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 Sagax's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sagax amounted to 43 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 Sagax decreased by 20.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Sagax's Scope 1 Emissions Over Time

20202021202220230481216tCO2e-31%-45%
  • Total Scope 1
  • Year-over-Year Change

What are Sagax's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sagax were 6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Sagax's Scope 1 emissions decreased by 45.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Sagax's Scope 2 emissions?

In 2023, Sagax reported Scope 2 greenhouse gas (GHG) emissions of 42 tCOâ‚‚e using the market-based method, and 37 tCOâ‚‚e using the location-based method.

Has Sagax reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Sagax's Scope 2 emissions (Location-Based) fell by 13.95% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Sagax use for Scope 2 reporting?

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

Sagax's Scope 2 Emissions Over Time

202020212022202302.5 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 2023, Sagax reported 49,498 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 Sagax includes a breakdown across 6 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.

Sagax's Scope 3 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e+69%+185%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Sagax's Scope 3 emissions?

In 2023, Sagax reported total Scope 3 emissions of 49,498 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.78% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Sagax reduced its Scope 3 emissions over time?

Since 2020, Sagax's Scope 3 emissions have increased by 419.94%, reflecting a rising long-term trend in Scope 3 emissions over time.

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

What categories of Scope 3 emissions does Sagax disclose?

In 2023, Sagax reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

  • Downstream Leased Assets (Cat. 13): 49,390 tCOâ‚‚e (99.78%)
  • Business Travel (Cat. 6): 97 tCOâ‚‚e (0.2%)
  • Fuel- and Energy-Related Services (Cat. 3): 9 tCOâ‚‚e (0.02%)

Sagax's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(99.8%)

Insights into Sagax's Total Carbon Footprint

In 2023, Sagax reported a total carbon footprint of 49,541 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.87% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Sagax's total carbon footprint was Scope 3 emissions, accounting for 99.91% of the company's total carbon footprint, followed by Scope 2 emissions at 0.07%.