Pacolet Milliken Enterprises, commonly referred to as Pacolet Milliken, is a prominent player in the real estate and investment industry, headquartered in the United States. Established in 1906, the company has a rich history marked by significant milestones, including its expansion into various operational regions across the Southeast. Specialising in real estate development, investment management, and asset management, Pacolet Milliken is known for its unique approach to sustainable development and community-focused projects. The firm’s portfolio includes a diverse range of properties, from commercial spaces to residential developments, all designed with an emphasis on quality and environmental stewardship. With a strong market position, Pacolet Milliken has garnered recognition for its commitment to excellence and innovation, making it a trusted name in the industry. Its dedication to creating lasting value sets it apart in a competitive landscape.
How does Pacolet Milliken's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Pacolet Milliken's score of 29 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Pacolet Milliken reported significant carbon emissions totalling approximately 16,740,000 kg CO2e for Scope 2 and about 28,510,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes approximately 2,420,000 kg CO2e from investments, 6,693,000 kg CO2e from capital goods, 558,000 kg CO2e from employee commuting, and about 12,501,000 kg CO2e from fuel and energy-related activities. Pacolet Milliken has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 30% from 2020 levels by 2030. Additionally, the company plans to reduce its Scope 2 emissions by 25% from 2020 levels by the same year. Furthermore, they are evaluating forestry land holdings as a potential source of carbon sequestration, with the goal of achieving carbon neutrality in their overall real estate portfolio by 2025. These commitments reflect Pacolet Milliken's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards for sustainability and environmental responsibility.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pacolet Milliken is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.