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 37 is higher than 92% 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 significant contributions from Scope 3 emissions, which accounted for about 545,000 kg CO2e. Scope 2 emissions were reported at approximately 3,000 kg CO2e. In comparison, the previous year, 2023, the company had total emissions of about 882,000 kg CO2e, with Scope 1 emissions at approximately 1,000 kg CO2e, Scope 2 at about 2,000 kg CO2e, and Scope 3 at around 879,000 kg CO2e. This indicates a notable reduction in total emissions of about 334,000 kg CO2e from 2023 to 2024. In 2022, Palace Capital's emissions were approximately 772,000 kg CO2e, with Scope 1 emissions at about 16,000 kg CO2e, Scope 2 at around 14,000 kg CO2e, and Scope 3 at approximately 742,000 kg CO2e. The trend shows a gradual decrease in emissions over the years, with 2021 emissions recorded at about 873,000 kg CO2e, primarily driven by Scope 1 emissions at approximately 767,000 kg CO2e. Despite these reductions, Palace Capital has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The company continues to monitor and report its emissions, reflecting a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.