Parks Residential, a leading name in the residential services industry, is headquartered in the United States and operates extensively across major regions nationwide. Founded in 1998, the company has established itself as a trusted provider of innovative residential solutions, focusing on market research and consulting services tailored to the evolving needs of homeowners and property managers. Specialising in areas such as smart home technology and energy management, Parks Residential distinguishes itself through its commitment to delivering actionable insights and strategic guidance. The company has achieved notable milestones, including recognition for its comprehensive market analysis and thought leadership in the residential sector. With a strong market position, Parks Residential continues to shape the future of residential living, making it a pivotal player in the industry.
How does Parks Residential'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 Business 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.
Parks Residential's score of 26 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Parks Residential, headquartered in the US, is committed to reducing its carbon emissions through significant capital investment and efficiency improvements. Although specific emissions data for the most recent year is not available, the company has undertaken 73 capital expenditure projects, amounting to nearly $21 million, aimed at enhancing the overall efficiency of its portfolio. These initiatives are projected to achieve a combined carbon reduction of approximately 3% compared to the 2019 baseline. The reduction targets focus on both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to tackling direct and indirect emissions associated with their operations. Parks Residential's commitment to sustainability is evident in its strategic investments, which are designed to foster long-term environmental benefits. While no specific emissions figures are provided, the company's proactive measures align with industry standards for climate action, demonstrating a dedication to reducing its carbon footprint and contributing to broader climate goals.
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.
Parks Residential 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.