Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Earned an elite “A” rating from CDP for its environmental practices, placing the company in the top 1.5% of over 18,000 reporting companies worldwide.
• New Kenworth T680 and Peterbilt 579 vehicles provide customers with up to 7% increased fuel efficiency

Social Achievements

• Honored as a 2022 Top Company for Women to Work for in Transportation, by the Women in Trucking Association.
• Kenworth was honored with the Clean Energy Entrepreneur Award

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: CDP, S&P Global

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• battery electric Peterbilt 579EV
• hydrogen fuel cell Kenworth T680E
• autonomous Peterbilt 579

Awards & Recognition

• Clean Energy Entrepreneur Award
• Top Company for Women to Work for in Transportation

Environmental Metrics

ESG Focus Areas

• Climate change
• Diversity and Inclusion
• Environmental Sustainability

Environmental Achievements

• Earned an “A-” score from CDP in 2023, placing it in the Leadership tier of over 21,000 reporting companies.
• All manufacturing locations are ISO 14001 environmental management system certified and over 80 percent achieving zero-waste-to-landfill.
• Committed to vehicle emissions reductions of 25% and 35% from internal operations by 2030.

Social Achievements

• Recognized as a top workplace for women by the Women in Trucking Association.
• The “Transition Trucking: Driving for Excellence” program awarded a Kenworth T680 to America’s top military veteran.
• PACCAR Foundation has contributed over $240 million to educational, social services and arts organizations.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Climate-related risks
• Global conflicts
• Litigation, including European Commission (EC) settlement-related claims
• Legislative and governmental regulations
• Supply chain disruptions

Mitigation Strategies

• Investing in fuel-efficient diesel and electric powertrain technologies, connected vehicle services, and next-generation manufacturing and parts distribution capabilities.
• Partnering to produce state-of-the-art commercial vehicle batteries.
• Developing alternative sourcing strategies
• Accruing estimated costs to investigate and complete cleanup actions related to environmental matters.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing the majority of components from Tier 1 suppliers located in the same regions as its manufacturing operations.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: CDP

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Battery-electric trucks
• Hydrogen fuel cell vehicles
• Hydrogen combustion vehicles

Awards & Recognition

• DAF XF awarded “Green Truck 2023”, Kenworth Australia K220 recognized as the “Truck of the Year Australasia”