Penske Automotive Group Inc
Penske Automotive Group Inc., a leading player in the automotive retail industry, is headquartered in the United States. Founded in 1990, the company has established a strong presence across North America and the United Kingdom, operating over 300 retail automotive franchises. Specialising in the sale of new and used vehicles, Penske also offers automotive parts, service, and financing solutions, distinguishing itself through exceptional customer service and a diverse portfolio of brands. With a commitment to innovation and sustainability, Penske Automotive Group has achieved significant milestones, including recognition as one of the largest automotive retailers in the world. The company’s strategic acquisitions and partnerships have solidified its market position, making it a trusted name in the automotive sector.
DitchCarbon Score
How does Penske Automotive Group Inc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Land Transportation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Penske Automotive Group Inc's score of 19 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Penske Automotive Group Inc's reported carbon emissions
In 2022, Penske Automotive Group Inc reported total carbon emissions of approximately 25,477,000 kg CO2e for Scope 1 and about 7,936,000 kg CO2e for Scope 2, totalling around 33,413,000 kg CO2e. This data reflects their operations in Great Britain. In comparison, their 2021 global emissions were significantly higher, with Scope 1 emissions at about 521,573,000 kg CO2e, Scope 2 at approximately 12,090,000 kg CO2e, and Scope 3 emissions reaching around 12,254,093,000 kg CO2e. Penske has set ambitious climate commitments, including a multi-year initiative in collaboration with Shell Oil Company to achieve a carbon-neutral motorsports facility by 2030. This project aims to integrate carbon-neutral messaging throughout the Indianapolis Motor Speedway and the NTT INDYCAR Series. Additionally, they are working towards a carbon-neutral footprint in collaboration with major customers, targeting energy-saving actions in warehouse locations. Overall, Penske Automotive Group is actively pursuing strategies to reduce their carbon footprint, with a focus on both immediate and long-term goals across their operations.
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| 2021 | |
|---|---|
| Scope 1 | 521,573,000 |
| Scope 2 | 12,090,000 |
| Scope 3 | 12,254,093,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Penske Automotive Group Inc is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
