PACCAR Inc. Releases ESG Presentation Highlighting Sustainability Initiatives, Zero-Emission Trucks, and Climate Goals

Reuters
Oct 14
PACCAR Inc. Releases ESG Presentation Highlighting Sustainability Initiatives, Zero-Emission Trucks, and Climate Goals

Paccar Inc. has released a new presentation highlighting its ongoing sustainability initiatives and performance. The company reported 2024 revenue segmented as 74% from trucks and other operations, 20% from parts, and 6% from financial services, with $796 million attributed to financial services. Research and development investments for 2024 totaled $453 million. Paccar currently has eight zero-emissions truck models in production under its Kenworth, Peterbilt, and DAF brands. The company began reporting to CDP in 2014 and recently received an A- rating, placing it in the leadership tier among over 24,800 companies. Paccar has set science-based targets to reduce Scope 1 and 2 emissions by 35% and Scope 3 use of sold product emissions by 25% by 2030, based on a 2018 baseline. Over the past decade, Paccar has invested $8.6 billion in environmentally friendly manufacturing, advanced vehicle models, and innovative technologies. You can access the full presentation through the link below. [https://www.paccar.com](https://www.paccar.com.)

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