Herc Holdings Inc., commonly known as Herc Rentals, is a leading provider in the renting services of machinery and equipment without operator, as well as personal and household goods. Headquartered in the United States, the company operates extensively across North America, serving a diverse clientele in construction, industrial, and consumer markets. Founded in 1965, Herc Rentals has established itself as a trusted name in the industry, marked by significant milestones in service expansion and fleet diversification.
The company offers a comprehensive range of rental equipment, including aerial lifts, earthmoving machinery, and climate control solutions, distinguished by their commitment to quality and customer service. With a strong market position, Herc Rentals has achieved notable recognition for its innovative solutions and operational excellence, making it a preferred choice for businesses seeking reliable rental services.
-10 vs industry average
Herc Holdings Inc.’s score of 28 is lower than 37% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Machinery Rental has below-average carbon intensity
Industry performance
The Machinery Rental industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Herc Holdings Inc.'s reported carbon emissions
Herc Holdings Inc., headquartered in the US and operating in the renting services of machinery and equipment without operator and of personal and household goods industry, reported approximately 193.4 million kg CO2e in total emissions for 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In 2023, the company's Scope 1 emissions were approximately 148.7 million kg CO2e, and Scope 2 emissions (market-based and location-based) were approximately 13.8 million kg CO2e. Scope 3 emissions for the same year were approximately 166.7 million kg CO2e. Key contributors to Herc Holdings Inc.'s Scope 3 emissions in 2023 included the use of sold products (approximately 57.0 million kg CO2e), fuel and energy-related activities (approximately 48.3 million kg CO2e), and upstream transportation and distribution (approximately 33.3 million kg CO2e). Employee commute contributed approximately 20.9 million kg CO2e, and business travel was approximately 7.2 million kg CO2e.
In 2022, Herc Holdings Inc. reported total emissions of approximately 224.5 million kg CO2e. This comprised Scope 1 emissions of approximately 134.0 million kg CO2e and Scope 2 emissions of approximately 13.4 million kg CO2e. Scope 3 emissions for 2022 were approximately 80.5 million kg CO2e, with the use of sold products accounting for approximately 54.0 million kg CO2e and upstream transportation and distribution for approximately 22.1 million kg CO2e. Business travel was approximately 4.5 million kg CO2e.
For 2021, the company's total emissions were approximately 163.4 million kg CO2e, including Scope 1 emissions of approximately 98.1 million kg CO2e and Scope 2 emissions of approximately 12.7 million kg CO2e. Scope 3 emissions were approximately 52.6 million kg CO2e, with the use of sold products representing approximately 33.4 million kg CO2e and upstream transportation and distribution around 17.1 million kg CO2e. Business travel was approximately 2.2 million kg CO2e.
In 2020, Herc Holdings Inc. reported total emissions of approximately 114.8 million kg CO2e, with Scope 1 emissions around 93.5 million kg CO2e and Scope 2 emissions approximately 10.6 million kg CO2e (market-based). Scope 3 emissions were approximately 35.1 million kg CO2e, including upstream transportation and distribution at approximately 10.4 million kg CO2e and business travel at approximately 1.0 million kg CO2e.
Herc Holdings Inc.'s total emissions in 2019 were approximately 150.2 million kg CO2e, with Scope 1 emissions at approximately 105.7 million kg CO2e and Scope 2 emissions at approximately 10.8 million kg CO2e (market-based). Scope 3 emissions were approximately 34.5 million kg CO2e, with upstream transportation and distribution at approximately 9.3 million kg CO2e and business travel at approximately 2.1 million kg CO2e.
Herc Holdings Inc. has not publicly disclosed specific reduction targets or commitments to science-based targets. The company's reporting indicates that it is disclosing Scope 1, 2, and 3 emissions and has provided data for various downstream and upstream Scope 3 categories.
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Herc Holdings Inc.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Herc Holdings Inc. yet.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Herc Holdings Inc.
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Data year: 2023
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