Penske Corporation, commonly known as Penske, is a prominent player in the automotive and logistics industries, headquartered in the United States. Founded in 1969, the company has established a strong presence across North America, with significant operations in the automotive retail, logistics, and transportation sectors. Penske is renowned for its diverse portfolio, which includes retail automotive dealerships, logistics services, and commercial vehicle distribution. The company’s commitment to quality and customer service sets it apart in a competitive market. With a reputation for excellence, Penske has achieved notable milestones, including strategic acquisitions and expansions that have solidified its market position. As a leader in the industry, Penske continues to innovate and adapt, ensuring it meets the evolving needs of its customers.
How does Penske'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 Land Transportation 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.
Penske's score of 13 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Penske reported significant carbon emissions, totalling approximately 521,573,000 kg CO2e globally. This figure includes 23,544,000 kg CO2e from Scope 1 emissions and 10,826,000 kg CO2e from Scope 2 emissions in the US. Additionally, their global Scope 3 emissions reached about 12,254,093,000 kg CO2e, highlighting the extensive impact of their supply chain and product lifecycle. Despite these substantial emissions, there are currently no specific reduction targets or initiatives disclosed by Penske. The absence of documented climate pledges or science-based targets suggests that while the company acknowledges its carbon footprint, it has yet to commit to formal reduction strategies. As the industry increasingly prioritises sustainability, Penske's future climate commitments will be crucial in aligning with global efforts to mitigate climate change.
Access structured emissions data, company-specific emission factors, and source documents
2021 | |
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Scope 1 | 521,573,000 |
Scope 2 | 12,090,000 |
Scope 3 | 12,254,093,000 |
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.
Penske is not committed to any reduction initiatives 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.