Paccar

Paccar's reported carbon emissions

Paccar, headquartered in the US and operating in the motor vehicles, trailers, and semi-trailers industry (34), reported approximately 112.2 billion kg CO2e for Scope 3 emissions in 2024. Scope 1 emissions for the same year were about 105.9 million kg CO2e, and Scope 2 emissions (market-based) totalled around 93.7 million kg CO2e, with location-based Scope 2 emissions at approximately 121.3 million kg CO2e. The total calculated Scope 1, 2, and 3 emissions for 2024 amounted to approximately 112.4 billion kg CO2e. Paccar has set ambitious climate targets. The company commits to a net-zero goal by 2050. More immediately, Paccar has a Science Based Target (SBT) for Scope 1 and 2 emissions, aiming for a 35% absolute reduction from a 2018 baseline year by 2030. Additionally, Paccar has a target to reduce Scope 3 emissions from the use of sold products by 25% per vehicle kilometre (vkm) by 2030, also from a 2018 baseline. Recent reporting indicates Paccar is on track for its near-term Scope 1 and 2 targets. Furthermore, a separate SBTi commitment shows a target to reduce absolute Scope 1 and 2 GHG emissions by 42% by fiscal year 2030 from a fiscal year 2022 base year.