RVBA-SGROListed

SEGRO

Real Estate & REITs·Industrial
SGRO (LSE)·London·GB
Verified credentials
SBTi Validated1.5°CCDP Listed
Company website
Decarbonisation trajectory · all scopes
Scope 1 + 2· base 2020 · 3k tCO2eScope 3· base 2021 · 569k tCO2e

No targets available; showing actuals against baseline.

Headline intensities

Reporting year 2025·Values in USD ($)· normalised from GBP at FY2025 avg rate
Peer cohort: Real Estate & REITs · lower is better
Revenue intensity
Carbon / $m revenue
235tCO2e / $m

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

Bottom quartile
better than 20% of peers
best 67.9n=2 peersworst 235
Operational intensity
Carbon / $m OpEx
tCO2e / $m

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

no peer comparison yet
Economic intensity
Carbon / $m EVIC
tCO2e / $m

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

no peer comparison yet
Asset intensity
Carbon / $m PP&E + leased
4.3ktCO2e / $m

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Bottom quartile
better than 18% of peers
best 405n=2 peersworst 4.3k
Asset intensity (full)
Carbon / $m PP&E + leased S3
tCO2e / $m

Carbon per million dollars of physical infrastructure — PP&E plus leased real-estate, including upstream and downstream leased emissions (Scope 3 categories 8 + 13). The most complete view of physical-asset carbon intensity, relevant for REITs and infrastructure-heavy firms.

no peer comparison yet

Climate action evidence

0 records · 0 sources
Carbon credits retired
No retirement evidence on file (third-party or self-reported).
Renewable electricity
82 %
Self-reported renewable electricity share, FY2025
Sources
    Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

    Targets

    Near-term

    4 targets
    ScopeBaseTargetReductionAlignmentProgressStatus
    Scope 1Absolute20232034−59%1.5°C
    0.0% reductionof −59% target · 0% there
    Off track
    Scope 1 + 2 + 3Intensity20232034−80%1.5°Cintensity — not tracked vs absolute
    Scope 320232030absolute-value target
    Scope 3Intensity20232034−58%intensity — not tracked vs absolute

    Long-term

    3 targets
    ScopeBaseTargetReductionAlignmentProgressStatus
    Scope 1 + 2 + 3Intensity20232050−95%1.5°Cintensity — not tracked vs absolute
    Scope 1 + 3Absolute20232050−90%1.5°Cinsufficient data
    Scope 3Intensity20232050−96%intensity — not tracked vs absolute

    Net zero

    2 targets
    ScopeBaseTargetReductionAlignmentProgressStatus
    Scope 1 + 2 + 3202320501.5°Cabsolute-value target
    Scope 1 + 2 + 32050In corporate strategyabsolute-value target

    Progress · absolute tCO2e

    Scope 1 + 2 trajectory
    ActualLinear1.5°C

    No target available for this scope.

    Scope 3 trajectory
    ActualLinear1.5°C

    No target available for this scope.

    Latest news· last 5 of 50

    full news log →
    • Change of UK valuer from CBRE to Cushman & Wakefield from June 2026

      Following RICS mandatory rotation rule changes, SEGRO retendered UK valuation and approved Cushman & Wakefield as UK valuers from June 2026 half year. CBRE remains Continental European valuer.

      2026
    • 2026 LTIP performance metric: TAR replaced with absolute EPRA EPS growth

      For 2026 LTIP, Total Accounting Return (TAR) measure replaced with absolute EPRA EPS growth (3% threshold to 8% maximum p.a.). Designed to incentivise EPS and dividend growth alongside balance sheet metrics.

      2026
    • Cushman & Wakefield to replace CBRE as UK property valuer from June 2026

      Following RICS mandatory rotation rules, Cushman & Wakefield approved as UK valuers from June 2026 half-year valuation. CBRE retained for Continental European portfolio. Same level of external valuation by qualified independent valuers.

      2026
    • SELP joint venture acquired €470m portfolio (Tritax EuroBox assets) and Prague logistics park

      SELP joint venture completed acquisition of a six-asset, 37,000 sq m portfolio in the Netherlands and Germany for €470 million (formerly Tritax EuroBox plc), and a logistics park in Prague. Total acquisitions at share £232m.

      2025
    • Formation of SEGRO Pure Premier Park Data Centre 50:50 JV with Pure DC

      50:50 joint venture with Pure Data Centres Group to develop first fully fitted data centre in Park Royal, West London (56MW IT load, c.£1bn potential investment, c.£150m SEGRO cash equity). Marks evolution from powered shell to fully fitted data centre strategy.

      2025

    Latest reporting year· 6 earlier years on Data-by-year tab

    all years + ratios →

    2026

    reporting year
    Financials
    Revenue
    OpEx
    FTE
    Market cap (FY-end)
    Climate
    Scope 1
    Scope 2 (market)
    Scope 2 (location)
    Scope 3 total

    Source documents· FY2025· 4 earlier docs on Data-by-year tab

    all documents →
    annual report2025
    via jina search · 6.3 MB
    extractedOPEN PDF ↗
    sustainability report2025
    via jina search · 0.5 MB
    extractedOPEN PDF ↗
    cdp response2025
    via jina search · 0.9 MB
    extractedOPEN PDF ↗