PACCAR(US:PCAR)2022-02-23 21:06Employment and Workforce - As of December 31, 2021, the company had approximately 28,500 employees, with about 37% based in the U.S.[50] Environmental Responsibility - The company achieved an A score from CDP in 2021, placing in the top 1.5% of over 13,000 companies reporting greenhouse gas emissions[53] - PACCAR's factories are ISO 14001 certified, and more than 80% are zero waste-to-landfill[52] - The company is launching its SuperTruck 3 program to develop state-of-the-art zero emissions medium- and heavy-duty trucks[58] - The company has established new emissions reduction targets in partnership with the Science Based Targets Initiative (SBTi)[54] - The company’s commitment to environmental responsibility includes significant investments in research and development for technologies that reduce greenhouse gas emissions[55] Financial Performance and Risks - The company reported a potential loss of $210.8 million related to foreign currency exchange contracts from a 10% unfavorable change in exchange rates as of December 31, 2021[196] - The company’s fixed rate loans had a fair value loss of $110.5 million in 2021 due to interest rate fluctuations[196] - The potential loss in fair value for commodity forward contracts from a 10% unfavorable change in prices was $18.4 million as of December 31, 2021[197] Sales and Market Performance - Biofuel capable unit sales represented 49% of the company's total global truck sales[57]