SEGRO PLC

Common Name
SEGRO
Country
United Kingdom
Sector
Real Estate
Industry
REIT - Industrial
Employees
466
Ticker
SGRO
Exchange
LONDON STOCK EXCHANGE
Description
Segro plc is a prominent Real Estate Investment Trust (REIT) specializing in owning, managing, and developing modern warehousing and industrial properties. With a robust presence primarily across the ...

SEGRO's GHG Emissions Data Preview

In 2024, SEGRO 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).

SEGRO has also provided a category-level breakdown for 10 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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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind SEGRO’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 SEGRO’s data sources below and access millions more through our Disclosure Search.

a. SEGRO's Responsibility Report 2024
a. SEGRO's Responsibility Report 2024
b. SEGRO's Responsibility Report 2023
b. SEGRO's Responsibility Report 2023
c. SEGRO's Financial & Extra-Financial Disclosure 2022
c. SEGRO's Financial & Extra-Financial Disclosure 2022

Insights into SEGRO's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of SEGRO amounted to 6,971 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 SEGRO increased by 54.19%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

SEGRO's Scope 1 Emissions Over Time

202120222023202406501.3 k1.95 k2.6 ktCO2e+82%-11%+23%
  • Total Scope 1
  • Year-over-Year Change

What are SEGRO's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SEGRO were 2,568 metric tons of CO₂ equivalent (tCO₂e). a

Has SEGRO reduced its Scope 1 emissions over time?

Since 2021, SEGRO's Scope 1 emissions have increased by 100.94%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), SEGRO's Scope 1 emissions increased by 23.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are SEGRO's Scope 2 emissions?

In 2024, SEGRO reported Scope 2 greenhouse gas (GHG) emissions of 2,109 tCO₂e using the market-based method and 4,403 tCO₂e using the location-based method. a

Has SEGRO reduced its Scope 2 emissions over time?

Compared to the previous year (2023), SEGRO's Scope 2 emissions (Location-Based) rose by 80.67% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does SEGRO use for Scope 2 reporting?

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

SEGRO's Scope 2 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into SEGRO's Value Chain Emissions

In 2024, SEGRO reported 737,123 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 SEGRO includes a breakdown across 8 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

SEGRO's Scope 3 Emissions Over Time

20212022202320240200 k400 k600 k800 ktCO2e+30%-4%+3%
  • Total Scope 3
  • Year-over-Year Change

What are SEGRO's Scope 3 emissions?

In 2024, SEGRO reported total Scope 3 emissions of 737,123 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 46.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.8% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has SEGRO reduced its Scope 3 emissions over time?

Since 2021, SEGRO's Scope 3 emissions have increased by 28.6%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), SEGRO's Scope 3 emissions remained relatively stable, indicating that SEGRO 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does SEGRO disclose?

In 2024, SEGRO 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 SEGRO's Scope 3 emissions?

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

  • Downstream Leased Assets (Cat. 13): 394,051 tCO₂e (53.8%)
  • Capital Goods (Cat. 2): 238,580 tCO₂e (32.57%)
  • Purchased Goods and Services (Cat. 1): 97,122 tCO₂e (13.26%)

SEGRO's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(53.8%)Purchased Goods andServices (Cat. 1)(13.3%)Capital Goods(Cat. 2)(32.6%)

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

In 2024, SEGRO reported Scope 1 greenhouse gas (GHG) emissions of 2,568 tCO₂e and total revenues of USD 847 millions. This translates into an emissions intensity of 3.03 tCO₂e per millions USD. a

SEGRO's Scope 1 Emissions Intensity Compared to Peers

0.121002,000100,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)PrologisYear: 2024Scope 1: 4,835 tCO2eRevenue: $M 8,202Scope 1 Intensity: 0.59 tCO2e/$MPrologis Property MexicoYear: 2023Scope 1: 303 tCO2eRevenue: $M 330Scope 1 Intensity: 0.92 tCO2e/$MCubeSmartYear: 2023Scope 1: 7,326 tCO2eRevenue: $M 1,050Scope 1 Intensity: 6.97 tCO2e/$MTritax Big Box ReitYear: 2021Scope 1: 0 tCO2eRevenue: $M 1,250Scope 1 Intensity: 0.00 tCO2e/$MMapletree Industrial TrustYear: 2025Scope 1: 430 tCO2eRevenue: $M 507Scope 1 Intensity: 0.85 tCO2e/$MTerreno RealtyYear: 2022Scope 1: 5 tCO2eRevenue: $M 276Scope 1 Intensity: 0.02 tCO2e/$MBritish Land CompanyYear: 2025Scope 1: 5,445 tCO2eRevenue: $M 587Scope 1 Intensity: 9.27 tCO2e/$MEastgroup PropertiesYear: 2024Scope 1: 3 tCO2eRevenue: $M 638Scope 1 Intensity: 0.00 tCO2e/$MWarehouses de PauwYear: 2024Scope 1: 310 tCO2eRevenue: $M 456Scope 1 Intensity: 0.68 tCO2e/$MShaftesbury CapitalYear: 2023Scope 1: 626 tCO2eRevenue: $M 248Scope 1 Intensity: 2.52 tCO2e/$MDerwent LondonYear: 2024Scope 1: 2,736 tCO2eRevenue: $M 348Scope 1 Intensity: 7.85 tCO2e/$MBig Yellow GroupYear: 2025Scope 1: 53 tCO2eRevenue: $M 265Scope 1 Intensity: 0.20 tCO2e/$MFLCTYear: 2024Scope 1: 1,000 tCO2eRevenue: $M 348Scope 1 Intensity: 2.88 tCO2e/$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: 2023Scope 1: 507 tCO2eRevenue: $M 1,121Scope 1 Intensity: 0.45 tCO2e/$MNational Storage REITYear: 2024Scope 1: 759 tCO2eRevenue: $M 227Scope 1 Intensity: 3.35 tCO2e/$MSafestore HoldingsYear: 2023Scope 1: 564 tCO2eRevenue: $M 273Scope 1 Intensity: 2.07 tCO2e/$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: $M 152Scope 1 Intensity: 0.83 tCO2e/$MSEGROYear: 2024Scope 1: 2,568 tCO2eRevenue: $M 847Scope 1 Intensity: 3.03 tCO2e/$M

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

In 2024, SEGRO reported a Scope 1 emissions intensity of 3.03 tCO₂e per millions USD. Compared to the peer group median of 0.92 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, SEGRO ranked 16 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into SEGRO's Total Carbon Footprint

In 2024, SEGRO reported a total carbon footprint of 744,094 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.19% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to SEGRO's total carbon footprint was Scope 3 emissions, accounting for 99.06% of the company's total carbon footprint, followed by Scope 2 emissions at 0.59%. a

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