Penske Teams up with Trinity to Quantify Global Greenhouse Gas Emissions

Share this case study!
Environmental ConsultingEnvironmental Consulting

Industry

Ground Transportation

Location

United States

Penske is committed to managing its environmental impacts wherever the company operates. As part of that commitment, it discloses environmental data through CDP (Carbon Disclosure Project), the global nonprofit that runs the world’s leading environmental disclosure system for companies, cities, states, and regions.

Since 2008, Penske has partnered with Trinity to perform 13 annual entity-wide greenhouse gas (GHG) inventories for its Penske Truck Leasing and Penske Logistics business units. The inventory measures Penske’s carbon footprint — from the natural gas and electricity used at its facilities to the fuel and refrigerants that power its fleets — and enables Penske to focus its GHG reduction efforts where they will have the greatest impact.

Challenge

Emissions are calculated for each individual vehicle and source and updated annually using the most relevant and current emissions factors. With a large fleet operating across North America, collecting and managing emissions data for Penske Truck Leasing and Penske Logistics is no small task.

To tackle this, Penske partnered with Trinity to harness its data and accurately quantify its environmental footprint. Many of Penske’s customers, who share similar concerns about GHG emissions, had begun requesting this information.

Penske also wanted to ensure it could compare current emissions with past performance — a challenge made more complex by the company’s continued growth through acquisitions. To maintain meaningful comparisons and track progress, Penske needed the ability to update its base year calculations each year and accurately assess the impact of its GHG reduction initiatives.

Solutions

When Penske first engaged Trinity to perform a GHG inventory used to compile their annual CDP report, the focus was on calculating and reporting Scope 1 emissions, which are direct emissions that occur from sources controlled or owned by an organization (e.g., company vehicles and facilities), and Scope 2 emissions, which are indirect emissions from purchased or acquired electricity, steam, heat, and cooling. As the partnership evolved, Trinity also began inventorying Scope 3 emissions, which are indirect emissions associated with the company’s value chain (e.g., employees’ commutes, business travel, and waste disposal). The GHG inventory quantifies carbon dioxide (CO₂), methane (CH₄), nitrous oxide (N₂O), and hydrofluorocarbons (HFCs) and perfluorocarbons (PFCs) used as refrigerants.

For each annual report, Trinity evaluates each source category and quantifies the emissions associated with it, ensuring that the most current emissions factors are used. Trinity documents the methodology as well as all of the data collected, where it was collected from, and any assumptions the team makes due to missing information. The Penske Logistics emissions inventory is then verified by a third party before being submitted to the CDP, which scores Penske on its performance. Trinity also adjusts the base year calculations when necessary to reflect any material changes to Penske’s operations, enabling the company to accurately compare emissions year over year.

Services Performed

The team developed a comprehensive GHG emissions inventory for global operations, creating standardized tools for data collection and verification. They advised on Scope 1, Scope 2, and selected Scope 3 methodologies, and provided guidance on reporting frameworks and emissions reduction strategies.

Results

Trinity leverages its extensive experience in GHG quantification and reporting as well as its familiarity with Penske’s operations to enable the transportation leader to easily and accurately respond to the CDP’s voluntary disclosure framework each year. Penske also uses the emissions calculations performed by Trinity on an ongoing basis. The information helps Penske understand its footprint and inform its GHG reduction strategy. It also enables Penske to provide breakout reports for large customers who want to use the information for their own environmental, social, and governance (ESG) disclosures. This partnership, over a decade long, has enabled Penske and Trinity to hone its GHG reporting year over year to ensure the resulting inventories meet the latest expectations for carbon disclosure.

1-3

Scope Covered

Transparent

Reporting