Pacolet Milliken Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Pacolet Milliken's score of 23 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pacolet Milliken's reported carbon emissions
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 to address its carbon footprint. The company aims to reduce its Scope 1 emissions by 30% from 2020 levels by 2030 and its Scope 2 emissions by 25% from 2020 levels by the same year. Additionally, they are evaluating forestry land holdings as a potential source of carbon sequestration, with a goal to enhance their overall real estate portfolio to achieve carbon neutrality by 2025. These commitments reflect Pacolet Milliken's proactive approach to climate action, aligning with industry standards for emissions reduction and sustainability.
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Pacolet Milliken's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Fuel and Energy Related Activities" being the largest emissions source at 44% of Scope 3 emissions.
Top Scope 3 Categories
Pacolet Milliken's Climate Goals (2030 & 2050)
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.
Pacolet Milliken 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.
