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Hertz Global Holdings, commonly known as Hertz, is a leading name in the passenger car rental industry, headquartered in the United States. Established in 1918, the company has a long-standing history of providing reliable vehicle rental services across North America, Europe, and other key regions. Hertz’s core offerings include short-term and long-term car rentals, fleet management, and mobility solutions, with a reputation for a diverse fleet of well-maintained vehicles and innovative rental options.
As one of the most recognised brands in the industry, Hertz has achieved notable milestones, including pioneering the concept of airport car rentals and expanding its global footprint. Its market position is strengthened by a focus on customer service, technological advancements, and a commitment to sustainability, making Hertz a trusted choice for travellers and businesses alike.
+13 vs industry average
Hertz’s score of 36 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Passenger Car Rental has below-average carbon intensity
The Passenger Car Rental industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Hertz, a US-based passenger car rental company, reported total emissions of approximately 26.2 billion kg CO2e in 2024. This included Scope 1 emissions of about 3.5 billion kg CO2e, Scope 2 emissions (market-based) of approximately 151.9 million kg CO2e, and Scope 3 emissions of around 22.5 billion kg CO2e. Key contributors to Scope 3 emissions in 2024 were use of sold products (about 17.5 billion kg CO2e) and capital goods (approximately 2.4 billion kg CO2e).
In 2023, Hertz's total emissions were about 8.8 billion kg CO2e, comprising Scope 1 emissions of roughly 3.4 billion kg CO2e, Scope 2 emissions (market-based) of approximately 145.3 million kg CO2e, and Scope 3 emissions of around 5.3 billion kg CO2e. This shows a significant increase in reported Scope 3 emissions, particularly in the use of sold products category, between 2023 and 2024.
Looking further back, in 2022, total emissions stood at approximately 9.6 billion kg CO2e, with Scope 1 emissions at about 4.1 billion kg CO2e, Scope 2 emissions (market-based) at roughly 73.9 million kg CO2e, and Scope 3 emissions at around 5.5 billion kg CO2e. In 2019, Hertz's total emissions were about 7.8 billion kg CO2e, with Scope 1 emissions at roughly 6.5 billion kg CO2e, Scope 2 emissions at approximately 111.6 million kg CO2e, and Scope 3 emissions at around 1.2 billion kg CO2e.
Hertz has demonstrated a commitment to climate action, with its net-zero commitment confirmed by the Science Based Targets initiative (SBTi) as of November 2021. This commitment aligns with the SBTi's 1.5°C ambition. All SBTi data and climate initiatives are directly from Hertz Global Holdings, Inc.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Hertz’s sustainability data and climate commitments
Data year: 2024
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