Palace Capital plc, a prominent player in the UK real estate investment sector, is headquartered in Great Britain. Founded in 2013, the company has rapidly established itself as a key investor and asset manager, focusing primarily on commercial properties across the UK, particularly in the North and the Midlands. Specialising in a diverse portfolio that includes retail, office, and industrial spaces, Palace Capital is recognised for its strategic approach to property management and development. The firm’s commitment to enhancing asset value through active management sets it apart in a competitive market. With a strong track record of growth and notable achievements, Palace Capital continues to solidify its position as a trusted name in the real estate industry, delivering sustainable returns for its shareholders while contributing to the revitalisation of local economies.
How does Palace Capital'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 Real Estate Services 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.
Palace Capital's score of 40 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Palace Capital reported total carbon emissions of approximately 548,000 kg CO2e, with Scope 2 emissions accounting for about 3,000 kg CO2e and Scope 3 emissions comprising the majority at about 545,000 kg CO2e. This marks a significant reduction from 2023, where total emissions were about 882,000 kg CO2e, including 1,000 kg CO2e from Scope 1, 2,000 kg CO2e from Scope 2, and 879,000 kg CO2e from Scope 3. In 2022, the company recorded total emissions of approximately 772,000 kg CO2e, with Scope 1 emissions at about 16,000 kg CO2e, Scope 2 at about 14,000 kg CO2e, and Scope 3 emissions at around 742,000 kg CO2e. The data indicates a trend of decreasing emissions over the years, although specific reduction targets or initiatives have not been disclosed. Palace Capital has not reported any specific climate commitments or reduction targets through the Science Based Targets initiative (SBTi) or other frameworks. The emissions data is sourced directly from Palace Capital Plc, with no cascaded data from a parent organization. The company continues to monitor and report its emissions, reflecting its commitment to transparency in environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 16,000 | 0,000 | - | 
| Scope 2 | 14,000 | 0,000 | 0,000 | 
| Scope 3 | 742,000 | 000,000 | 000,000 | 
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Palace Capital has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
