Paccar Inc

Common Name
Paccar
Country
United States
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
30,100
Ticker
PCAR
Exchange
NASDAQ/NGS
Description
Paccar Inc. is a leading global manufacturer specializing in the design and production of high-quality commercial vehicles. Its primary function is to produce durable trucks under renowned brands such...

Paccar's Climate Target Data Preview

As of 2024, Paccar has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Paccar ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
Copy restricted. Please purchase to unlock this data.
2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Paccar's Greenhouse Gas Emissions Pathways

As of 2024, Paccar has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Paccar have a target to reduce the emissions from its operations?

As of 2024, Paccar has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Paccar's most ambitious operational target is to reduce these emissions by 35% by 2030, compared to a baseline of 293,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Paccar is on track to meet its operational emissions reduction target, having achieved 46.8% of the planned reduction.

Paccar's Operational (Scope 1+2) Emissions Pathway

201820232030075 k150 k225 k300 kBaselineCurrent (-16%)Target 2030 (-35%)

Does Paccar have a target to reduce the emissions from its value chain?

As of 2024, Paccar has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Paccar's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 0.001 Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer in 2018.

Instead of reducing value chain emissions, Paccar has increased them, with 2023 levels exceeding those of the 2018 baseline, placing the company well behind its reduction target.

Paccar's Value Chain (Scope 3) Emissions Pathway

20182023203000000Current (+6%)Target 2030 (-25%)
Want Full Access to Paccar's Climate Targets Dataset?
Sign Up