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Penske Automotive Group Inc
Motor Vehicle Retail ServicesUnited StatesNYSE: PAG
Last verified 11 months agopenskeautomotive.com
Established in 1990, Penske Automotive Group Inc., often referred to simply as Penske Automotive, is a leading international transportation services company headquartered in the US. This global powerhouse operates across the sale, maintenance, and repair of motor vehicles, motorcycles, and their respective parts and accessories.
Penske Automotive Group stands as one of the largest automotive retailers in the world, with significant operations in the US, UK, Canada, and Europe. They offer an extensive range of new and pre-owned vehicles, alongside comprehensive after-sales services, parts, and financing solutions to a diverse customer base. Their commitment to customer satisfaction and operational excellence has solidified their market position within the automotive retail sector.
25
DitchCarbon score
-14 vs industry average
Penske Automotive Group Inc’s score of 25 is lower than 38% 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
Low
Motor Vehicle Retail Services has below-average carbon intensity
Industry performance
0.167
20182025
The Motor Vehicle Retail Services industry has reduced its overall emissions by 38% since 2018
Emissions trajectory 2020 – 2027
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.
Penske Automotive Group Inc's reported carbon emissions
Penske Automotive Group Inc, headquartered in the US and operating in the sale, maintenance, and repair of motor vehicles, reported its 2024 Scope 1 emissions as 103,206,000 kg CO2e and Scope 2 emissions as 58,255,000 kg CO2e. There is no publicly available data for their Scope 3 emissions for 2024.
Penske Automotive Group Inc has established climate neutrality commitments for its Scope 1 and Scope 2 emissions, specifically concerning its motorsports facilities. Working with Shell Oil Company, their multi-year goal, starting in 2023 and extending to 2030, is to achieve a negative carbon footprint for the Indianapolis Motor Speedway and the NTT INDYCAR Series. These commitments are direct from Penske Automotive Group, Inc. as the performance source.
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Penske Automotive Group Inc’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%
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 Initiative
See details
Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Penske Automotive Group Inc11 months ago
25
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