Climate Policy Engagement Analysis
Climate Policy Engagement Overview: PACCAR appears to have both positive and negative engagement on climate policy globally in 2023-25. In 2023, PACCAR advocated to weaken federal emissions standards for heavy-duty vehicles in the US, and has since advocated against zero-emission vehicle sales targets in Washington. The company is a member of multiple industry associations that are negatively engaged with climate regulations for the transport sector.
Top-line Messaging on Climate Policy: PACCAR has limited top-line communications on climate change in 2022-25. PACCAR suggested meeting net-zero sector targets by 2050 was unlikely in its 2024 ESG Report, released in February 2024. However, the company appeared to support the EU Green Deal in its 2024 Sustainability report, released in May 2025. PACCAR does not appear to explicitly support the Paris Agreement.
Engagement with Climate-Related Regulations: PACCAR has both positive and negative engagement with climate-related regulations globally. In the US, PACCAR advocated to weaken the Environmental Protection Agency’s (EPA) Phase 3 emissions standards for heavy-duty vehicles, and opposed revising existing Phase 2 GHG emissions regulations to be more stringent in June 2023 regulatory comments. In a May 2025 Investor Earnings Call, PACCAR’s CEO, Preston Feight discussed the rollback of the Phase 3 emissions standards but did not take a clear position on the rules.
In the EU, PACCAR is engaged with the EU’s CO2 emissions standards for heavy-duty vehicles, and frequently emphasizes challenges with the GHG emissions standards based on the availability of refueling infrastructure. DAF Truck’s CEO, Harald Seidel, appeared to condition support for the standards on deployment of refueling infrastructure in an April 2025 statement. In a March 2025 blog post Seidel stated that “the enabling conditions will determine the pace.” Seidel appeared to further emphasized this position in a March 2024 interview, appearing to condition support for emissions standards on investment in the supporting infrastructure. In reference to the EU’s CO2 emission standards, DAF Trucks stated that there would be “No emission-free transport without the right infrastructure” in the company’s 2023 DAF In Action Magazine, released in January 2024.
Positioning on Energy Transition: At the state level in the US, PACCAR and other truckmakers reached an agreement with California regulators to support state-level emissions standards and limit negative advocacy, according to a July 2023 press release. However, in February 2025 testimony to the Washington Senate and statements appearing in Landline, PACCAR representatives advocated for the state of Washington to defer enforcement of the rule. Prior to the agreement, the company repeatedly opposed the adoption of the state-level Advanced Clean Truck (ACT) rule, which requires manufacturers to sell increasing percentages of zero-emission trucks in numerous states. In an April 2023 statement, PACCAR advocated for flexibilities to be added to Maryland’s adoption of the policy that could delay the roll-out of zero emission vehicles. PACCAR appeared to directly oppose the rule in Colorado in April 2022 regulatory comments, and opposed the adoption of the rule in Maryland in a February 2022 statement, and opposed the adoption to the Northeast States for Coordinated Air Use Management (NESCAUM) in an April 2022 letter.
In a May 2025 statement and an April 2025 statement, DAF Trucks CEO Harald Seidel advocated for EU regulations on heavy duty-vehicles to be technology-neutral. In Seidel’s first statements as the Chariman of the Commercial Vehicle Board of the European Automobile Manufacturers Association (ACEA) in January 2024, Seidel appeared generally supportive of the EU’s regulations to decarbonize heavy-duty road transport. The company advocated to accelerate the deployment of refueling infrastructure but also for regulations on the sector to be technology-neutral in the company’s DAF In Action Magazine, released January 2024.
Industry Association Governance: PACCAR published an incomplete list of its industry associations in its April 2025 SASB-ESG ESG report. The list excluded PACCAR’s membership to the Electric Vehicle Council and the Society of Motor Manufacturers and Traders. PACCAR is a member of industry associations that are negatively engaged on climate policy, such as the US Chamber of Commerce and Truck and Engine Manufacturers Association, alongside the European Automobile Manufacturers Association, which has both negative and positive engagement.
A detailed assessment of the company's corporate review on climate policy engagement can be found on InfluenceMap's CA100+ Investor Hub here.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q3 2025.