AB Sagax

Real Estate Operating Companies

SAGA-B.ST

SEK 287 (1.3)%

Share price

$ 8.8 bn

Market Cap

$ 14 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

AB Sagax aims to reduce Scope 1 + 2 by 30% by 2025 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

AB Sagax reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 4 Kt (-5.4 /-57.4% y-o-y). Also positively, carbon intensity plunged to 11 t (-18 /-61.2% y-o-y).

AB Sagax's Scope 3 emissions soared to 12 Kt (+12/+44768% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 30% by 2025 from a base year 2018, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	4	0.42	3.6	12	362	11
2020Q4	9.5	0	9.5	0.03	328	29
2019Q4	13	0	13	0.08	277	48
2018Q4	13		13	0.11	260	48