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 36 is higher than 97% 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. This figure includes 3,411,054,000 kg CO2e from Scope 1 emissions, 149,848,000 kg CO2e from Scope 2 emissions, and 5,273,440,000 kg CO2e from Scope 3 emissions. Notably, the company has made significant strides in reducing its emissions over the years, with a total of 9,636,981,000 kg CO2e in 2022 and 7,797,910,000 kg CO2e in 2019. Hertz has committed to achieving net-zero emissions by 2050, encompassing all scopes of emissions. This long-term target aligns with their commitment to the Science Based Targets initiative (SBTi), which they joined in November 2021. The company is actively working towards this goal, with a focus on reducing emissions across its operations and supply chain. Overall, Hertz's emissions reduction strategy reflects a growing commitment to sustainability within the ground transportation sector, aiming to mitigate its environmental impact while continuing to serve its customers effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 committed to some reduction initiatives 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.