Herc Rentals Sustainability Profile
Herc Rentals Inc., a leading provider of equipment rental services, is headquartered in the United States and operates extensively across North America. Founded in 1965, the company has established itself in the construction, industrial, and event sectors, offering a diverse range of equipment and tools tailored to meet the needs of various projects. Herc Rentals is renowned for its extensive fleet, which includes everything from aerial lifts to earthmoving equipment, distinguished by its commitment to quality and customer service. The company has achieved significant milestones, including a robust market presence and a reputation for reliability, making it a preferred choice for contractors and businesses alike. With a focus on innovation and sustainability, Herc Rentals continues to lead the industry, ensuring clients have access to the latest technology and equipment solutions.
DitchCarbon Score
How does Herc Rentals's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Herc Rentals's score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Herc Rentals's reported carbon emissions
In 2023, Herc Rentals, headquartered in the US, reported significant carbon emissions across various scopes. The company’s total emissions included approximately 148,668,000 kg CO2e from Scope 1, 13,796,000 kg CO2e from Scope 2, and 166,666,000 kg CO2e from Scope 3. Notably, Scope 1 emissions were primarily from stationary combustion, contributing about 63,030,000 kg CO2e. Herc Rentals has made substantial progress in its climate commitments, achieving a 17% reduction in Scope 1 and 2 greenhouse gas emissions intensity from a 2019 baseline. This accomplishment represents 70% of their target to reduce emissions by 25% by 2030. The company’s commitment to sustainability is further underscored by its comprehensive reporting on emissions across all three scopes, which reflects a proactive approach to environmental responsibility. The emissions data for Herc Rentals is cascaded from its parent company, Herc Holdings Inc., which oversees the company's sustainability initiatives. This corporate relationship ensures that Herc Rentals aligns with broader climate strategies and targets set at the parent level.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 115,773,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 10,340,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 40,221,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is Herc Rentals's Industry?
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Herc Rentals's Scope 3 Categories Breakdown
Herc Rentals's Scope 3 emissions, which increased by 107% last year and increased by approximately 314% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 51% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 34% of Scope 3 emissions.
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Herc Rentals's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Herc Rentals has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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