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 29 is lower than 52% 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 commute, and about 12,501,000 kg CO2e from fuel and energy-related activities. Notably, there is no available data for Scope 1 emissions for this year. Pacolet Milliken has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 30% from 2020 levels by 2030 and to reduce Scope 2 emissions by 25% from the same baseline. Additionally, the company is evaluating its forestry land holdings as a potential source of carbon sequestration, with a goal to achieve carbon neutrality by 2025. The emissions data for earlier years shows a trend of high emissions, with Scope 1 emissions reaching approximately 30,332,000 kg CO2e and Scope 2 emissions at about 30,381,000 kg CO2e in 2010, and Scope 1 emissions of about 27,900,000 kg CO2e and Scope 2 emissions of approximately 50,506,000 kg CO2e in 2015. The 2016 data indicates Scope 1 emissions of about 30,381,000 kg CO2e and Scope 2 emissions of approximately 56,150,000 kg CO2e. Pacolet Milliken's climate commitments reflect a proactive approach to reducing its carbon footprint and enhancing sustainability within its operations.
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| 2010 | 2015 | 2016 | |
|---|---|---|---|
| Scope 1 | 31,032,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 30,381,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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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.
