Honda Motor Co., Ltd.
Climate Impact & Sustainability Data (2010-04-01 to 2011-03-31)
Reporting Period: 2010-04-01 to 2011-03-31
Environmental Metrics
ESG Focus Areas
- Quality and safety
- Environment
- Society
Environmental Achievements
- Achieved 2010 CO2 emission reduction targets for over 90% of motorcycles, automobiles, and power products sold worldwide.
- Reduced landfill waste from the UK automobile plant in Swindon to zero.
- Increased recycling rate at the Swindon plant to over 95%.
Social Achievements
- Launched a Career Support Program for young and mid-level female associates.
- Employed 1,036 individuals with disabilities in Japan (2.28% of workforce), exceeding legal requirements.
- Implemented Green & Clean Dealer activities in Thailand, with 86% of dealerships achieving “Gold” certification.
Governance Achievements
- Established a system for operating organizational units reflecting the fundamental corporate philosophy.
- Implemented an operating officer system to strengthen business execution and decision-making.
- Redesigned the investor relations website to improve usability and information access.
Climate Goals & Targets
Medium-term Goals:
- 30% reduction in fleet average CO2 emissions of motorcycles, automobiles, and power products compared with 2000 levels by 2020.
Environmental Challenges
- Parts supply instability due to the Great East Japan Earthquake.
- Economic crisis impacting production and sales.
- Need to balance global climate change mitigation with growth in demand for motor vehicles.
Mitigation Strategies
- Created a companywide task force to recover from the earthquake and resume operations.
- Implemented measures to reduce power consumption and improve production efficiency.
- Developed alternative sourcing strategies for parts and materials.
Supply Chain Management
Responsible Procurement
- Green Purchasing Guidelines
- Supplier CSR Guidelines
- CSR Checklist
Climate-Related Risks & Opportunities
Physical Risks
- Rises in sea level and climate change
Transition Risks
- Tighter regulation of product-related greenhouse gas emissions
- Tighter regulation of business-related greenhouse gas emissions
Opportunities
- Incentives to switch to products that use next-generation energy
- Changing consumer values (emphasis on environmental performance)
- Energy diversification
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Guidelines
Certifications: ISO 9001, ISO/TS 16949
Sustainable Products & Innovation
- Electric vehicles (EVs)
- Plug-in hybrid vehicles
- Electric scooters (EV-neo)
- Solar cells
- Fuel-efficient internal combustion engines
Awards & Recognition
- Greenest Automaker award (USA)
- CIWM Environmental Excellence Award (UK)