Hertz
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Hertz's score of 56 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hertz's reported carbon emissions
In 2023, Hertz reported total carbon emissions of approximately 8,834,342,000 kg CO2e. This figure includes Scope 1 emissions of about 3,411,054,000 kg CO2e, Scope 2 emissions of approximately 149,848,000 kg CO2e, and significant Scope 3 emissions totalling around 5,273,440,000 kg CO2e. Notably, the Scope 3 emissions are primarily driven by capital goods (approximately 2,513,088,000 kg CO2e) and franchises (about 1,503,932,000 kg CO2e). Comparatively, in 2022, Hertz's total emissions were about 9,636,981,000 kg CO2e, indicating a reduction in emissions from the previous year. The company has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which Hertz joined in November 2021. Hertz's emissions reduction efforts are crucial in the context of the ground transportation sector, where companies are increasingly held accountable for their environmental impact. The company's proactive stance on climate commitments reflects a growing industry trend towards sustainability and carbon neutrality.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
