Honda Motor Co., Ltd.
Climate Impact & Sustainability Data (2015-04 to 2016-03)
Reporting Period: 2015-04 to 2016-03
Environmental Metrics
Total Carbon Emissions:285.10 million t-CO2e
Scope 1 Emissions:1.33 million t-CO2e
Scope 2 Emissions:3.81 million t-CO2e
Scope 3 Emissions:279.96 million t-CO2e
Water Consumption:4.8 million m3/year
ESG Focus Areas
- Environment
- Safety
- Quality
- Society
Environmental Achievements
- Reduced CO2 emissions intensity of motorcycles, automobiles, and power products by 27.8%, 22.4%, and 20.8% respectively compared to 2000 levels by 2016.
- Introduced a zero-liquid-discharge (ZLD) system at a motorcycle plant in India, saving 210,000 tons of water per year.
- Installed a total of 38.15 MW of solar power generation capacity in China by FY2016.
- Achieved a 75% water usage efficiency rate at the UK plant by introducing a new filtration system, reducing water use by 3,059 tons per month.
Social Achievements
- Provided road safety and driving education activities for over six million people in Japan.
- Launched traffic safety promotion activities in Taiwan and India.
- Opened a vocational training and livelihood center for women in India.
- Donated racing wheelchairs to Chinese Paralympic athletes.
Governance Achievements
- Established the Sustainability Strategy Committee and the World Environment and Safety Strategy Committee, chaired by the President and CEO.
- Revised the Honda Conduct Guidelines to the Honda Code of Conduct on April 1, 2016.
- Established the Global Risk Management Policy in June 2015.
Climate Goals & Targets
Long-term Goals:
- Cut total company CO2 emissions in half by 2050 compared with 2000 levels.
- Realize a zero-environmental-impact society.
Medium-term Goals:
- Reduce CO2 emissions intensity of motorcycles, automobiles, and power products by 30% from 2000 levels by 2020.
- Increase the ratio of vehicles adopting electric-powered technologies in total automobile sales to two-thirds by 2030.
- Achieve a collision-free mobile society by around 2020.
Short-term Goals:
- Reduce CO2 emissions intensity per unit of production by 10% by FY2017 (baseline: FY2009).
Environmental Challenges
- Climate change and its impact on CO2 emissions.
- Energy risks due to dependence on fossil fuels.
- Resource depletion and difficulty in obtaining rare earth metals.
- Traffic accidents, particularly involving motorcycles in emerging countries.
Mitigation Strategies
- Set a goal to halve total CO2 emissions by 2050 compared with 2000 levels.
- Promoting the adoption of electric-powered technologies and increasing the use of low-environmental-impact vehicles.
- Developing zero CO2 emissions technologies, including fuel cell vehicles (FCVs) and electric motorcycles.
- Implementing 3R (Reduction/Reuse/Recycling) activities.
- Developing safety technologies and providing safety education and training.
Supply Chain Management
Responsible Procurement
- Honda Green Purchasing Guidelines
- Honda Supplier CSR Guidelines
- Basic agreements on component procurement specifying safety, disaster prevention, environmental preservation, protection of resources, and compliance with laws and regulations.
Climate-Related Risks & Opportunities
Transition Risks
- Failure to comply with vehicle fuel economy regulations.
Opportunities
- Development of energy-efficient products
- Development of hydrogen fueling infrastructure
Reporting Standards
Frameworks Used: GRI G4 guidelines
Certifications: ISO 14001, EMAS, ISO 50001
Third-party Assurance: Deloitte Tohmatsu Evaluation and Certification Organization Co., Ltd.
Sustainable Products & Innovation
- CLARITY FUEL CELL
- EV-Cub Concept
- HondaJet
- Honda Walking Assist Device
- Odyssey and Odyssey Absolute hybrid models
- Earth Dreams Technology vehicles
Awards & Recognition
- Climate Disclosure Leadership Index (CDLI)
- RobecoSAM Sustainability Award (Bronze Class)
- Industry Mover in RobecoSAM Sustainability Index
- Dow Jones Sustainability Asia/Pacific Index
- GE Return on Environment Award 2015