Company Directory - PACCAR Inc
Company Details - PACCAR Inc
PACCAR Inc
WebsiteBellevue, United States
ISIN: US6937181088
42 Locations
PACCAR Inc is a global leader in the design and manufacturing of high-quality trucks and related technologies. The company provides advanced trucks and aftermarket support, promoting superior vehicle performance and customer satisfaction.
CCI Score
CCI Score: PACCAR Inc
18.00
-0.07%
Latest Event
PACCAR Inc Political Finance & Lobbying Profile
An OpenSecrets profile details PACCAR Inc's involvement in political finance for the 2024 cycle, with contributions totaling $104,414 and lobbying expenditures of $640,000. The data also reveals that all PACCAR Inc lobbyists in 2023 previously held government positions, raising concerns over a revolving door and potential regulatory capture.
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SABOTEUR
PACCAR Inc is currently rated as a Saboteur.
Latest Events
- FEB062025
An OpenSecrets profile details PACCAR Inc's involvement in political finance for the 2024 cycle, with contributions totaling $104,414 and lobbying expenditures of $640,000. The data also reveals that all PACCAR Inc lobbyists in 2023 previously held government positions, raising concerns over a revolving door and potential regulatory capture.
-40
Political Contributions and Lobbying Efforts
April 30
The data showing PACCAR Inc's political contributions and substantial lobbying activity, combined with the fact that all its lobbyists have held previous government roles, suggests a concerning level of political entanglement and potential regulatory capture. This revolving door between government and corporate lobbying raises red flags from an anti-authoritarian perspective.
- JAN012025
PACCAR's Supplier Code of Conduct, highlighted under the California Transparency in Supply Chains Act, prohibits forced labor and mandates supplier compliance with labor laws regarding working conditions, minimum employment age, and fair compensation. This measure underscores the company's commitment to ethical supply chain practices and supports anti-authoritarian labor standards.
+80
Supply Chain Ethics
January 1
The article details PACCAR's clear policy in its Supplier Code of Conduct to prohibit forced labor and trafficking, ensuring adherence to labor laws and ethical supply practices. This proactive approach aligns with anti-authoritarian values by combating modern slavery and protecting workers.
- NOV012024
In November 2024, PACCAR released its Supplier Code of Conduct outlining rigorous standards for ethical business conduct. The document mandates that suppliers and sub-suppliers adhere to strict guidelines covering labor and human rights, environmental safeguards, responsible sourcing, and supply chain transparency, reinforcing the company’s commitment to fair labor practices and ethical supply chain operations.
+60
Labor Relations and Human Rights Practices
April 30
The Supplier Code of Conduct includes detailed guidelines that promote fair labor practices, non-discrimination, and respect for human rights across PACCAR's supply chain. This proactive measure supports worker rights and aligns with anti-fascist values by safeguarding vulnerable workers from exploitative practices.
+60
Supply Chain Ethics
April 30
The code enforces strict ethical sourcing, transparency, and environmental standards across its supply chain. By requiring comprehensive compliance from suppliers and sub-suppliers, PACCAR actively reduces the risk of human rights violations and environmental harm, reinforcing ethical business practices.
- MAY202024
PACCAR Inc, through its subsidiary PACCAR of Canada, released its report detailing compliance with the Canada Supply Chains Act. The report outlines stringent supplier conduct, mandatory training on forced and child labour prevention, and rigorous due diligence processes to ensure ethical supply chain management and labor practices.
+70
Labor Relations and Human Rights Practices
April 30
PACCAR's policies, including a strict Supplier Code of Conduct and mandatory training on human rights, indicate a strong commitment to labor rights and worker protection. These actions align with progressive and anti-authoritarian labor practices.
+70
Supply Chain Ethics
April 30
The report highlights robust supply chain due diligence and ethical sourcing standards for suppliers, ensuring compliance with human rights laws. This proactive approach mitigates the risk of forced and child labour across PACCAR's supply chains.
- APR192024
Investors, led by Calvert Research, pressed for an annual report on PACCAR's lobbying and policy efforts aligned with the Paris Agreement. Nevertheless, PACCAR’s board recommended shareholders vote against the proposal, defending its current reporting practices and claiming that the company is already a global environmental leader.
-40
Executive Political Engagement
April 30
PACCAR’s board decision to oppose the enhanced transparency measures for lobbying and environmental reporting suggests a resistance to accountability over its political influence. By advising shareholders to vote against the proposal, the company avoids increased scrutiny of its lobbying practices—a move that undermines corporate transparency essential for democratic accountability.
- SEP062023
Paccar Inc. has partnered with Cummins, Daimler, and other companies in a joint venture to establish a U.S. EV battery plant. The project, estimated to cost $2-3 billion for a 21-gigawatt hour capacity facility, aims to create domestic jobs, boost sustainable manufacturing, and advance green technology in battery production.
+70
Economic and Structural Influence
April 30
This joint venture supports domestic economic growth and job creation by building a U.S. EV battery plant. It aligns with progressive policies of bolstering domestic manufacturing, reducing reliance on foreign supply chains, and promoting decarbonization, all of which undermine authoritarian economic dependency.
+60
Technology and Services Impact
April 30
The project advances technological innovation through the development of advanced battery cell production. By investing in sustainable and cutting-edge energy technology, Paccar contributes to a greener industrial future, enhancing resilience against authoritarian practices that often benefit from outdated and oppressive technologies.
- JUN152023
Analysis from InfluenceMap revealed that in June 2023, PACCAR, along with other truck manufacturers, opposed increasing the ambition of existing Phase 2 emissions standards during the EPA public comment period, an action that contributed to weakening environmental regulations aimed at reducing truck-related diesel pollution.
-40
Political Contributions and Lobbying Efforts
April 30
PACCAR's opposition to strengthening emissions standards demonstrates active lobbying against progressive environmental regulation. This attempt to delay or dilute strict EPA measures not only undermines public health by allowing higher diesel pollution but also aligns with broader fossil-fuel industry interests, reflecting a negative impact on environmental justice.
New Research Shows Corporate Advocacy to Weaken the EPA Clean Trucks Plan
- MAY022023
On May 2, 2023, PACCAR and Toyota Motor North America announced an expansion of their joint efforts to develop and commercialize zero emissions, hydrogen fuel cell-powered Kenworth and Peterbilt trucks, with initial deliveries planned for 2024. This builds on previous pilot programs and advances the use of sustainable fuel cell technology in heavy-duty trucks.
+70
Business Practices and Ethical Responsibility
April 30
The collaboration expansion demonstrates PACCAR's commitment to sustainable business practices by investing in zero-emissions technology and reducing environmental impact. This move aligns with progressive values around environmental responsibility and corporate ethical behavior.
PACCAR and Toyota Expand Hydrogen Fuel Cell Truck Collaboration to Include Commercialization
+80
Technology and Services Impact
April 30
The initiative leverages advanced hydrogen fuel cell technology to develop state-of-the-art zero-emission heavy-duty trucks. The technological innovation not only strengthens PACCAR's industry leadership but also contributes to a sustainable future, inherently opposing regressive, fossil-fuel reliant models that often support authoritarian corporate practices.
PACCAR and Toyota Expand Hydrogen Fuel Cell Truck Collaboration to Include Commercialization
- APR052023
PACCAR's board of directors has strongly opposed a shareholder proposal—initiated by Calvert Research and Management—to publicly disclose how the company's lobbying activities align with the Paris Agreement. The board claimed that PACCAR’s current sustainability efforts and environmental scorecards sufficiently demonstrate its commitment, urging shareholders to vote against the disclosure measure at the upcoming annual meeting on April 25, 2023.
-50
Political Contributions and Lobbying Efforts
April 30
The company’s board dismissed a call for increased transparency in its environmental lobbying activities. This action undermines corporate accountability and hampers efforts for stakeholders and investors to make informed decisions regarding the company's role in influencing environmental policy, which is critical in today’s politically charged and climate-sensitive environment.
Paccar, investor clash over environmental lobbying disclosures
- MAR302023
On March 30, 2023, PACCAR announced a minority equity investment in its connected truck partner, Platform Science, aimed at integrating Virtual Vehicle technology with the PACCAR Connect telematics system. This initiative is designed to offer enhanced connectivity, real‐time vehicle data, and streamlined telematics solutions to improve customer productivity and operational efficiency.
+20
Technology and Services Impact
April 30
PACCAR's investment into Platform Science and the integration of advanced telematics represents a proactive embrace of technology that improves connectivity and transparency. This forward-thinking approach enhances service quality and operational efficiency without facilitating oppressive surveillance, aligning with progressive, anti-authoritarian business practices.
PACCAR and Platform Science Announce Strategic Equity Investment
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Corporate Financials
- Revenue
- 2025
- $23.69B
- Total Assets
- 2025
- $18.67B
- Operating Income
- 2025
- $2.48B
- Total Equity
- 2025
- $8.23B
Employees: 29,000
Industries
- 336120
- Heavy Duty Truck Manufacturing
- 336211
- Motor Vehicle Body Manufacturing
- 336111
- Automobile Manufacturing