- Higher environmental requirements from supervisory authorities, investors, tenants, or other stakeholders.
- Climate change impacts on the property portfolio (e.g., flooding).
- Risks related to non-compliance with Sagax’s Code of Conduct among suppliers.
- Variations in energy consumption due to tenant use and changes in occupancy.
AB SAGAX
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, AB SAGAX disclosed greenhouse gas emissions of 49.5K tCO2e/year. By scope: Scope 1: 6 tCO2e/year; Scope 2: 42 tCO2e/year; Scope 3: 49.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
49.5K tCO2e/year
2023
Renewable Energy
40% (estimated)
of total energy
Energy Use
240.2K MWh/year (44% of lettable area)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 6 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 42 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 49.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Energy consumption reduced by 1% in 2023.
- Ten new solar power facilities installed, bringing the total to 48, with an annual production of 10,002 MWh.
- 48 environmental certifications completed, covering 482,000 square meters; 32 ongoing, covering 420,000 square meters. A total of 777,000 square meters of the property portfolio had an environmental certification at year-end.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption in the property portfolio by 2% per year until 2030.
- Increase the production of electricity from solar panels to 15,000 MWh by 2025.
- Increase the share of environmentally certified properties to 30% of lettable area by 2025.
📅 Medium-term
- Reduce direct and indirect greenhouse gas emissions (Scopes 1 and 2) by 42% by 2030 (base year 2022).
🌱 ESG Focus Areas
Environmental and resource efficiencyBusiness ethicsEconomic sustainabilityProfessional and dedicated employees