Penske Automotive Group, Inc., commonly referred to as Penske Automotive, is a leading international transportation services company headquartered in the United States. Founded in 1990, the company has established a strong presence in the automotive retail industry, operating over 300 retail automotive franchises across the United States, Canada, and the United Kingdom. Penske Automotive specialises in the sale of new and used vehicles, as well as providing automotive services and parts. Its unique approach combines a commitment to customer satisfaction with a diverse portfolio of luxury and commercial brands, positioning it as a key player in the market. Notable achievements include consistent growth and recognition as one of the largest automotive retailers in the world, reflecting its dedication to excellence and innovation in the automotive sector.
How does Penske Automotive'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 Retail Trade 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.
Penske Automotive's score of 5 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Penske Automotive reported total carbon emissions of approximately 35,000,000 kg CO2e, comprising about 20,000,000 kg CO2e from Scope 1 emissions and about 15,000,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2021, when total emissions were about 34,370,000 kg CO2e, with Scope 1 emissions at approximately 23,544,000 kg CO2e and Scope 2 emissions at about 10,826,000 kg CO2e. Despite these reductions, Penske Automotive has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company continues to focus on its operational emissions, primarily through Scope 1 and Scope 2, while the absence of data on Scope 3 emissions suggests a potential area for future commitment and improvement.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | |
---|---|---|
Scope 1 | 23,544,000 | 00,000,000 |
Scope 2 | 10,826,000 | 00,000,000 |
Scope 3 | - | - |
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 Automotive 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.