Paccar Inc. highlights sustainability initiatives and zero-emissions truck models in new ESG presentation

Reuters
12/04
Paccar Inc. highlights sustainability initiatives and zero-emissions truck models in new ESG presentation

Paccar Inc. has released a new sustainability presentation outlining its recent environmental, social, and governance $(ESG)$ initiatives and performance highlights. The company reported that 35% of its 2024 revenue came from its Truck and Other segment, 20% from Parts, and 6% from Financial Services. Paccar invested $453 million in research and development in 2024, with a focus on advanced vehicle models and innovative technologies. The company currently has eight zero-emissions truck models in production under its Kenworth, Peterbilt, and DAF brands. Over the past decade, Paccar has invested $8.6 billion in environmentally friendly manufacturing and distribution facilities. Paccar has set science-based targets to reduce Scope 1 and 2 greenhouse gas emissions by 35% and Scope 3 emissions from product use by 25% by 2030, using 2018 as a base year. The company has reported to CDP since 2014 and received an A- rating in 2024, placing it in the leadership tier among over 24,800 companies. You can access the full presentation through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paccar Inc. published the original content used to generate this news brief on December 03, 2025, and is solely responsible for the information contained therein.

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