Paccar : SASB-ESG Report (IFRS SASB ESG Combined Report April 2025rev1)
PCAR
Published on 05/09/2025 at 16:16
2025
Industrial Machinery & Goods Sustainability Accounting Standard Version 2023-12
Topic
Metric
Disclosure
Energy Management
See TCFD-CDP Report: 7.30.1
Total energy consumed
953,385 MWh
Percent grid electricity
45.2%
Percent renewables
12%
Employee Health & Safety
Total recordable incident rate
This document: p. 18
Fatality rate
This document: p. 18
Near miss frequency rate
Consistent with Total
Recordable Incident rate.
Fuel Economy & Emissions in Use Phase
Sales weighted fleet fuel efficiency for medium and heavy duty vehicles (Gallons/1,000 ton-miles)
The latest models of Kenworth, Peterbilt, and DAF trucks have improved fuel efficiency by up to 7% compared to previous models (This document: p. 10-15).
Kenworth and Peterbilt trucks will improve fuel efficiency by at least 19% by 2024, and 25% by 2027 when compared to 2017 levels. DAF trucks will improve fuel efficiency by at least 15% by 2025 and 30% by
2030 when compared to 2020
levels.
Sales-weighted fuel efficiency for non road equipment
(Gallons/hour)
Not applicable to PACCAR's business.
Sales weighted fuel efficiency for
stationary generators (Watts/gallon)
Not applicable to PACCAR's business.
Sales weighted emissions of NOx for Marine diesel engines, locomotive diesel engines, on-road medium- and heavy duty
engines, and other non road
PACCAR products are low NOx and compliant with all NOx emissions regulations in all its markets.
diesel engines
Sales weighted emissions of particulate matter for Marine diesel engines, locomotive diesel engines, on road medium- and heavy duty engines, and other non-road diesel engines
PACCAR products are low PM and compliant with all PM emissions regulations in all its markets.
Materials Sourcing
Description of the management
of risks associated with the use of critical materials
This document: p. 8, 23-29
Remanufacture Design & Services
Revenue from remanufactured products and remanufacturing services
PACCAR's aftermarket parts division sells remanufactured engines and many other
remanufactured components.
Activity Metrics
Number of units produced by
product category
PACCAR delivered 185,300
new trucks in 2024
Number of employees
30,100 as of December 2024
The sustainability disclosures in this report and at Investors.PACCAR.com are consistent with the IFRS SASB Industrial Machinery & Goods Sustainability Accounting Standard v2023-12.
This report may contain statements that are forward looking. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, which may cause actual results to differ materially. A summary of risks and uncertainties is described in more detail in our periodic reports filed with the Securities and Exchange Commission (SEC). We undertake no duty to update or revise this presentation, whether as a result of new information, future events or otherwise. For the most recent financial, risk and other information about PACCAR, please see our SEC filings and the most recent earnings release available on the Investor Relations page of Investors.PACCAR.com.
Contents
PACCAR IFRS-SASB-ESG Report 1
SASB Standards Disclosure Table 1
Forward Looking / Cautionary Statements 2
PACCAR Environmental, Social and Governance (ESG) Report 5
Environmental Leadership 5
Environmental Policy 5
Operations 6
Environmental Management System 6
IS0 14001, Air Emissions, Water Conservation, Zero Waste to Landfill 7
Energy Management & Efficiency 7
Climate Strategy 8
Climate Transition Plan 8
Governance 8
Strategy 8
Risk Management 8
Metrics and Targets 8
GHG Emissions 8
Science Based Targets 9
Products Innovation & Stewardship 10
Customer Engagement 11
Pathway Towards Zero Emissions 11
Battery Manufacturing 12
Zero Emission Trucks 12
Low Carbon and Renewable Fuels 13
Advanced Vehicles 13
Remanufacturing 14
Connected Trucks and Driver Training 14
Social Responsibility and Ethical Business Conduct 15
Global Code of Business Conduct 15
Commitment to Integrity 16
Commitment to Human Rights 16
Commitment to Environment, Health, and Safety 16
Honest and Ethical Business Practice 16
Financial Integrity 16
Interaction with PACCAR Partners 16
Global Trade Compliance 16
Responsibility to Investors and Shareholders 17
PACCAR Resources for Reporting Concerns 17
Talent Training & Development 17
Workplace Safety 18
Employee Well-Being 18
Cybersecurity and Systems Availability 19
Management and Training 19
Oversight and Governance 19
Philanthropy & Community 20
Government Relations & Public Policy 21
Government Relations Oversight 21
Company Contributions 21
Proactive Climate Engagement 22
Supplier Sustainability Engagement 22
Supplier Code of Conduct 23
Ethical Business Conduct 23
Labor and Human Rights 24
Health and Safety 25
Responsible Sourcing 25
Environment 26
Data Management 26
Sustainable Purchasing 27
Feedback and Violations 27
State of California Transparency in Supply Chains Act 28
Conflict Minerals and Critical Materials 28
Corporate Governance 29
Sustainability 29
Board of Directors 30
Executive Compensation 31
Shareholder Rights 32
Audit and Risk Oversight 32
PACCAR is a global technology leader in the design, manufacturing and customer support of premium medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes aftermarket parts related to its principal business.
PACCAR conducts business to achieve above-average market returns for stockholders, reflect the highest ethical standards, fulfill our legal obligations, and meet our social responsibilities. We strive to gain the favorable regard of customers, shareholders, employees, regulatory authorities, and the general public through superior performance and effective communications.
PACCAR's Sustainability approach that enhances shareholder value is focused on:
Environmental leadership
Social responsibility and ethical business conduct
Corporate governance practices
Environmental Leadership
Reducing the environmental impact of our activities and products is an integral part of our process of continuous improvement. Our commitment to the environment is demonstrated in our energy efficient operations and technologically advanced products.
PACCAR's global industrial leadership includes addressing the environmental challenges facing our own and future generations. PACCAR's environmental management system and policy are designed to focus on the reduction of the environmental impact of the company's activities, products and services. A key premise of PACCAR's environmental policy can be stated simply: It is more environmentally prudent and cost effective to identify a problem before it occurs, than to correct or clean it up afterwards.
The following principles are used to implement PACCAR's environmental policy:
Commitment to compliance with environmental laws.
Development and implementation of prudent practices in company facilities around the globe that often go beyond regulatory compliance.
Comprehensive industry leadership in policy, procedure, training programs and operation audits at all company facilities.
Commitment to continual improvement.
Prevent pollution by continued evaluation of our industrial processes and procedures.
Proactively seek new information and training in order to create, initiate and advance new ideas and approaches to manage environmental exposures before they are mandated by regulations.
Disclaimer
Paccar Inc. published this content on May 09, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 09, 2025 at 20:15 UTC.