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Shurgard Self Storage Ltd

Common Name
Shurgard Self Storage
Country
Guernsey
Sector
Real Estate
Industry
REIT - Specialty
Employees
813
Ticker
SHUR
Exchange
Euronext Brussels
Description
Shurgard Self-Storage Ltd. is the largest owner and operator of self-storage facilities in Europe, specializing in the acquisition, development, and management of storage centers for personal and busi...

Shurgard Self Storage's GHG Emissions Data Preview

In 2024, Shurgard Self Storage 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).

Shurgard Self Storage 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)2024202320222021-2019
Total Scope 1
1,376a
771a
853.2b
Total Scope 2
Market-Based
752a
639a
548.5b
Location-Based
4,385a
3,526a
2,920.4b
Total Scope 3
399,060a
8,250a
N/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
3.2529a
1.9462a
2.3869b
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Verified Sources Behind Shurgard Self Storage’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.

a. Shurgard Self Storage's Sustainability Report 2024
b. Shurgard Self Storage's Sustainability Report 2023

Insights into Shurgard Self Storage's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Shurgard Self Storage amounted to 5,761 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 Shurgard Self Storage increased by 34.07%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Shurgard Self Storage's Scope 1 Emissions Over Time

20222023202403507001.05 k1.4 ktCO2e-10%+78%
  • Total Scope 1
  • Year-over-Year Change

What are Shurgard Self Storage's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Shurgard Self Storage were 1,376 metric tons of CO₂ equivalent (tCO₂e).a

Has Shurgard Self Storage reduced its Scope 1 emissions over time?

Since 2022, Shurgard Self Storage's Scope 1 emissions have increased by 61.28%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Shurgard Self Storage's Scope 1 emissions increased by 78.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Shurgard Self Storage's Scope 2 emissions?

In 2024, Shurgard Self Storage reported Scope 2 greenhouse gas (GHG) emissions of 752 tCO₂e using the market-based method and 4,385 tCO₂e using the location-based method.a

Has Shurgard Self Storage reduced its Scope 2 emissions over time?

Since 2022, Shurgard Self Storage's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 50.15%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Shurgard Self Storage's Scope 2 emissions (Location-Based) rose by 24.36% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Shurgard Self Storage use for Scope 2 reporting?

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

Shurgard Self Storage's Scope 2 Emissions Over Time

20222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Shurgard Self Storage's Value Chain Emissions

In 2024, Shurgard Self Storage reported 399,060 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 Shurgard Self Storage includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Shurgard Self Storage's Scope 3 Emissions Over Time

202320240100 k200 k300 k400 ktCO2e+4737%
  • Total Scope 3
  • Year-over-Year Change

What are Shurgard Self Storage's Scope 3 emissions?

In 2024, Shurgard Self Storage reported total Scope 3 emissions of 399,060 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 98.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.87% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Shurgard Self Storage's Scope 3 emissions increased by 4,737.09%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Shurgard Self Storage disclose?

In 2024, Shurgard Self Storage 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 Shurgard Self Storage's Scope 3 emissions?

In 2024, the largest contributors to Shurgard Self Storage's Scope 3 emissions were:a

  • Capital Goods (Cat. 2): 341,534 tCO₂e (85.58%)
  • Purchased Goods and Services (Cat. 1): 36,058 tCO₂e (9.04%)
  • Downstream Transportation and Distribution (Cat. 9): 12,494 tCO₂e (3.13%)

Shurgard Self Storage's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(9.0%)DownstreamTransportation andDistribution(Cat. 9)(3.1%)Capital Goods(Cat. 2)(85.6%)

Insights into Shurgard Self Storage’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Shurgard Self Storage reported Scope 1 greenhouse gas (GHG) emissions of 1,376 tCO₂e and total revenues of USD 423 millions. This translates into an emissions intensity of 3.25 tCO₂e per millions USD.a

Shurgard Self Storage's Scope 1 Emissions Intensity Compared to Peers

102005,000100,0001,000,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)Embassy Office Parks REITYear: 2025Scope 1: 14,922 tCO2eRevenue: $M 473Scope 1 Intensity: 31.57 tCO2e/$MKeppel DC REITYear: 2024Scope 1: 932 tCO2eRevenue: $M 228Scope 1 Intensity: 4.09 tCO2e/$MGranite REITYear: 2024Scope 1: 2,401 tCO2eRevenue: $M 396Scope 1 Intensity: 6.07 tCO2e/$MAllreal HoldingYear: 2024Scope 1: 4,000 tCO2eRevenue: $M 464Scope 1 Intensity: 8.62 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$MDaiwa House REIT InvestmentYear: 2024Scope 1: 190 tCO2eRevenue: $M 427Scope 1 Intensity: 0.44 tCO2e/$MCencosud ShoppingYear: 2024Scope 1: 1,669 tCO2eRevenue: $M 355Scope 1 Intensity: 4.70 tCO2e/$MSirius Real EstateYear: 2026Scope 1: 470 tCO2eRevenue: $M 400Scope 1 Intensity: 1.18 tCO2e/$MOUTFRONT MediaYear: 2024Scope 1: 3,747 tCO2eRevenue: $M 1,831Scope 1 Intensity: 2.05 tCO2e/$MGaming and Leisure PropertiesYear: 2023Scope 1: 20 tCO2eRevenue: $M 1,444Scope 1 Intensity: 0.01 tCO2e/$MWeyerhaeuserYear: 2024Scope 1: 400,000 tCO2eRevenue: $M 7,124Scope 1 Intensity: 56.15 tCO2e/$MSBA CommunicationsYear: 2024Scope 1: 10,400 tCO2eRevenue: $M 2,680Scope 1 Intensity: 3.88 tCO2e/$MIron MountainYear: 2024Scope 1: 115,728 tCO2eRevenue: $M 6,150Scope 1 Intensity: 18.82 tCO2e/$MCrown CastleYear: 2024Scope 1: 11,374 tCO2eRevenue: $M 6,568Scope 1 Intensity: 1.73 tCO2e/$MDigital Realty TrustYear: 2024Scope 1: 51,745 tCO2eRevenue: $M 5,555Scope 1 Intensity: 9.32 tCO2e/$MAmerican TowerYear: 2024Scope 1: 365,725 tCO2eRevenue: $M 10,127Scope 1 Intensity: 36.11 tCO2e/$MEquinixYear: 2024Scope 1: 59,400 tCO2eRevenue: $M 8,748Scope 1 Intensity: 6.79 tCO2e/$MPotlatchdelticYear: 2024Scope 1: 45,000 tCO2eRevenue: $M 1,062Scope 1 Intensity: 42.37 tCO2e/$MRayonierYear: 2024Scope 1: 557 tCO2eRevenue: $M 1,263Scope 1 Intensity: 0.44 tCO2e/$MEPR PropertiesYear: 2023Scope 1: 6,064 tCO2eRevenue: $M 706Scope 1 Intensity: 8.59 tCO2e/$MShurgard Self StorageYear: 2024Scope 1: 1,376 tCO2eRevenue: $M 423Scope 1 Intensity: 3.25 tCO2e/$M

How does Shurgard Self Storage's GHG emissions intensity compare to its peers?

In 2024, Shurgard Self Storage reported a Scope 1 emissions intensity of 3.25 tCO₂e per millions USD. Compared to the peer group median of 6.43, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Shurgard Self Storage rank on GHG emissions intensity within its industry?

In 2024, Shurgard Self Storage ranked 7 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Shurgard Self Storage's Total Carbon Footprint

In 2024, Shurgard Self Storage reported a total carbon footprint of 404,821 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3,126.44% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Shurgard Self Storage's total carbon footprint was Scope 3 emissions, accounting for 98.58% of the company's total carbon footprint, followed by Scope 2 emissions at 1.08%.a

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