GlobalData offers a comprehensive analysis of SEGRO, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on SEGRO‘s ESG performance. GlobalData’s company profile on SEGRO offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
SEGRO, a leading real estate investment trust, has set ambitious net-zero targets by 2030 to reduce its greenhouse gas (GHG) emissions. The company is actively working towards reducing its emissions across scope 1, scope 2, and scope 3 categories. As per 2022 ESG report, the company’s greenhouse gas (GHG) emissions across Scopes 1-3, with total GHG emissions in 2022 being 669,067 tCO2e. In 2022, the company's Scope 1, Scope 2, & Scope 3 emissions were 2,329, 1,662, & 268,227 tCO2e respectively.
To achieve its net-zero targets, SEGRO has implemented various measures and plans. The company has already taken steps to reduce its carbon emissions and is expected to continue doing so in the future. The company's science-based goals, which are in line with the framework of the Science Based Target project, include a target to cut the development program's embodied carbon intensity by 20% by 2030, from a baseline of 400 kgCO2e per sq m in 2020. The company aims to achieve a 42% reduction in absolute corporate and customer emissions by 2030, as compared to a 2020 baseline of 312,115 tonnes CO2e.
In conclusion, SEGRO has set net-zero targets and is actively working towards reducing its GHG emissions. The company's compliance statements emphasize the importance of reducing carbon emissions and highlight its efforts in this regard. As a leading real estate investment trust, SEGRO recognizes the importance of addressing climate change and is taking steps to minimize its environmental impact.
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