Palace Capital
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Palace Capital's score of 30 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Palace Capital's reported carbon emissions
In 2023, Palace Capital reported total carbon emissions of approximately 882,000 kg CO2e, with Scope 1 emissions at about 1,000 kg CO2e, Scope 2 emissions at around 2,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 879,000 kg CO2e. This marked an increase from 2022, where total emissions were about 772,000 kg CO2e, with Scope 1 at 16,000 kg CO2e, Scope 2 at 14,000 kg CO2e, and Scope 3 emissions at approximately 742,000 kg CO2e. In 2024, Palace Capital achieved a notable reduction in total emissions, reporting approximately 548,000 kg CO2e. This reduction was primarily driven by a decrease in Scope 3 emissions, which fell to about 545,000 kg CO2e, while Scope 2 emissions were reported at around 3,000 kg CO2e. Notably, there were no reported Scope 1 emissions for 2024. Despite these fluctuations in emissions, Palace Capital has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on its emissions across all scopes, with an average GHG intensity of about 1.0 tCO2e/sqm for 2023 and 2024.
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Add to project| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 767,000 | 00,000 | 0,000 | - |
| Scope 2 | 27,000 | 00,000 | 0,000 | 0,000 |
| Scope 3 | - | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Palace Capital is not committed to any reduction initiatives 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.
