Penske Automotive Group Inc
Penske Automotive Group Inc., a leading player in the automotive retail industry, is headquartered in the United States. Founded in 1990, the company has established a strong presence across North America and the United Kingdom, operating over 300 retail automotive franchises. Specialising in the sale of new and used vehicles, Penske also offers automotive parts, service, and financing solutions, distinguishing itself through exceptional customer service and a diverse portfolio of brands. With a commitment to innovation and sustainability, Penske Automotive Group has achieved significant milestones, including recognition as one of the largest automotive retailers in the world. The company’s strategic acquisitions and partnerships have solidified its market position, making it a trusted name in the automotive sector.
DitchCarbon Score
How does Penske Automotive Group Inc'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.
Industry Average
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.
Industry Benchmark
Penske Automotive Group Inc's score of 13 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Penske Automotive Group Inc's reported carbon emissions
In 2021, Penske Automotive Group Inc 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. Additionally, the company disclosed a substantial 12,254,093,000 kg CO2e in Scope 3 emissions, highlighting the extensive impact of its supply chain and product lifecycle. Despite these figures, there are currently no specific reduction targets or initiatives outlined by Penske Automotive Group. The absence of documented climate pledges or science-based targets suggests that while the company is aware of its emissions, it has yet to commit to formal reduction strategies. As the automotive industry increasingly prioritises sustainability, Penske's future climate commitments will be crucial in aligning with global efforts to mitigate climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | |
|---|---|
| Scope 1 | 521,573,000 |
| Scope 2 | 12,090,000 |
| Scope 3 | 12,254,093,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Group Inc 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.
