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OrganisationsGenuine Parts
Genuine Parts logo

Genuine Parts

Machinery and EquipmentUnited StatesNYSE: GPC
Last verified 1 month agogenpt.com

Genuine Parts Company, often referred to as GPC, is a leading distributor in the machinery and equipment sector, specifically within the "Machinery and equipment n.e.c. (29)" industry. Headquartered in the United States, GPC operates extensively across North America, Europe, and Asia, providing a wide range of products and services tailored to various sectors.

Founded in 1928, Genuine Parts has established itself as a trusted name in the distribution of automotive and industrial replacement parts. The company’s core offerings include automotive parts, industrial components, and office supplies, distinguished by their commitment to quality and customer service. With a strong market position, GPC has achieved notable milestones, including consistent growth and expansion, solidifying its reputation as a reliable partner in the machinery and equipment landscape.

33
DitchCarbon score

+6 vs industry average

Genuine Parts’s score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Machinery and Equipment has above-average carbon intensity

Industry performance

0.418
20182025

The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018

Emissions trajectory 2020 – 2027

000.0M000M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Genuine Parts's reported carbon emissions

Genuine Parts, operating in the machinery and equipment industry in the US, has reported emissions for 2024, 2023, 2022, and 2021.

For 2024, the company reported Scope 1 emissions of approximately 144,244,000 kg CO2e and Scope 2 emissions of approximately 237,256,000 kg CO2e. This brings the total Scope 1 and 2 emissions to approximately 381,500,000 kg CO2e.

In 2023, Genuine Parts reported Scope 1 emissions of approximately 232,711,000 kg CO2e and Scope 2 emissions of approximately 111,792,000 kg CO2e, totalling approximately 344,503,000 kg CO2e.

For 2022, Scope 1 emissions were approximately 217,836,000 kg CO2e and Scope 2 emissions were approximately 117,797,000 kg CO2e, resulting in a combined total of approximately 335,633,000 kg CO2e.

In 2021, the company's Scope 1 emissions were approximately 242,817,000 kg CO2e and Scope 2 emissions were approximately 132,008,000 kg CO2e, making the total Scope 1 and 2 emissions approximately 374,825,000 kg CO2e.

Genuine Parts has a long-term net-zero commitment spanning 2023 to 2050, covering all scopes. While specific reduction percentages are not detailed, the company is aiming for net-zero emissions by 2050. It's important to note that Scope 3 emissions data is not currently disclosed by the company.

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Genuine Parts’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Genuine Parts logoGenuine Parts
USMachinery and Equipment
1 month ago
33
Uni-Select Inc. logoUni-Select Inc.
CAMotor Vehicle Manufacturing
3 days ago
78
View
Sherwin Williams logoSherwin Williams
USConstruction Material Reprocessing
3 days ago
64
View
PPG Industries, Inc. logoPPG Industries, Inc.
USPaint, Varnish, and Supplies Merchant Wholesalers
1 day ago
59
View
Fastenal logoFastenal
USBusiness Services
3 days ago
50
View
Applied Industrial Technologies logoApplied Industrial Technologies
USComputer Manufacturing
2 days ago
42
View
Dorman Products logoDorman Products
USBusiness Services
3 days ago
34
View

Frequently asked questions

Common questions about Genuine Parts’s sustainability data and climate commitments

In 2024, Genuine Parts reported that its combined Scope 1 and Scope 2 emissions were approximately 381.5 million kg of CO₂e. Scope 1 emissions were roughly 144 million kg, while Scope 2 emissions were about 237 million kg. This data indicates that the company's overall carbon footprint remains significant within the machinery and equipment sector in the US. Monitoring these emissions helps stakeholders understand the company's environmental impact and progress toward its long-term net-zero commitment by 2050, despite current emissions levels being substantial.

Data year: 2024

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