Hertz Global Holdings, Inc., commonly known as Hertz, is a leading player in the car rental industry, headquartered in Estero, Florida, USA. Founded in 1918, Hertz has established itself as a prominent provider of vehicle rental services, operating in major regions across North America, Europe, and Asia. The company offers a diverse range of vehicles, from economy cars to luxury models, catering to both leisure and business travellers. Hertz is renowned for its innovative services, including the Hertz Gold Plus Rewards programme, which enhances customer convenience and loyalty. With a strong market position, Hertz has achieved numerous milestones, including being one of the first companies to introduce self-service kiosks in rental locations. Its commitment to sustainability and expanding electric vehicle options further solidifies its reputation as a forward-thinking leader in the automotive rental sector.
How does Hertz'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.
Mean score of companies in the Motor Vehicle Retail Services 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.
Hertz's score of 54 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hertz reported total carbon emissions of approximately 8,834,342,000 kg CO2e, a reduction from about 9,636,981,000 kg CO2e in 2022. The emissions breakdown for 2023 includes Scope 1 emissions at approximately 3,411,054,000 kg CO2e, Scope 2 emissions at about 149,848,000 kg CO2e, and Scope 3 emissions at around 5,273,440,000 kg CO2e. Notably, the Scope 3 emissions encompass significant categories such as capital goods (approximately 2,513,088,000 kg CO2e) and franchises (about 1,503,932,000 kg CO2e). Hertz has committed to achieving net-zero emissions across all scopes by 2050, with a near-term target status of "Committed" as part of the Science Based Targets initiative (SBTi). This long-term commitment reflects Hertz's dedication to reducing its carbon footprint and addressing climate change within the ground transportation sector. The company continues to focus on sustainability initiatives to further decrease its emissions and enhance its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 6,528,202,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 111,610,000 | 00,000,000 | 000,000,000 |
Scope 3 | 1,158,099,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hertz is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.