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OrganisationsHonda
Honda logo

Honda

Motor Vehicle ManufacturingJapanNYSE: HMC
Last verified 1 month agoglobal.honda

Honda Motor Co., Ltd., commonly known as Honda, is a leading global manufacturer headquartered in Japan (JP). Established in 1948, Honda has made significant strides in the motor vehicles, trailers, and semi-trailers industry, particularly in the production of automobiles, motorcycles, and power equipment.

With a strong presence in major operational regions including North America, Europe, and Asia, Honda is renowned for its innovative engineering and commitment to sustainability. The company’s core products, such as the Honda Accord and the CR-V, are distinguished by their reliability, fuel efficiency, and advanced technology.

Honda's market position is bolstered by its reputation for quality and performance, making it one of the largest automobile manufacturers in the world. Notable achievements include pioneering advancements in hybrid technology and maintaining a strong focus on environmental stewardship.

81
DitchCarbon score

+51 vs industry average

Honda’s score of 81 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Motor Vehicle Manufacturing has above-average carbon intensity

Industry performance

0.388
20182025

The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018

Emissions trajectory 2020 – 2028

000.0B000B000.0B00.0B0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Honda's reported carbon emissions

Honda Motor Co., Ltd. is committed to achieving carbon neutrality by 2050, targeting a 50% reduction in total corporate CO2 emissions by 2050 compared to 2000 levels. The company also aims for a 36% reduction in Scope 3 downstream emissions by 2050 and has set a near-term target to reduce total CO2 emissions from corporate activities by 46% by 2030, using FY2020 as a baseline.

In terms of reported emissions:

  • 2025: Honda reported total emissions of approximately 296.86 billion kg CO2e, comprising about 997 million kg CO2e for Scope 1, approximately 1.64 billion kg CO2e for Scope 2, and a substantial 294.22 billion kg CO2e for Scope 3. Within Scope 3, the use of sold products was the largest contributor at approximately 232.20 billion kg CO2e, followed by purchased goods and services at about 50.14 billion kg CO2e.
  • 2024: Total emissions were approximately 278.59 billion kg CO2e. Scope 1 emissions were about 1.07 billion kg CO2e, Scope 2 were around 2.07 billion kg CO2e, and Scope 3 emissions totalled approximately 275.46 billion kg CO2e.
  • 2023: Total emissions stood at approximately 291.77 billion kg CO2e, with Scope 1 at about 1.09 billion kg CO2e, Scope 2 at approximately 2.73 billion kg CO2e, and Scope 3 at around 287.96 billion kg CO2e.
  • 2022: Total emissions were approximately 295.51 billion kg CO2e, including Scope 1 at about 1.16 billion kg CO2e, Scope 2 at approximately 3.14 billion kg CO2e, and Scope 3 at around 291.21 billion kg CO2e.

Earlier reporting periods show a trend of declining Scope 1 and 2 emissions from 2013 to 2021, although total emissions fluctuated. For instance, in 2021, Scope 1 and 2 emissions were approximately 4.50 billion kg CO2e, and in 2020, they were around 5.03 billion kg CO2e. Scope 3 emissions were reported as approximately 254.48 billion kg CO2e in 2021 and 249.98 billion kg CO2e in 2013, with the use of sold products being a significant component. In 2020, Scope 3 data was not fully disclosed.

Honda is also focusing on reducing the CO2 intensity of its products, with targets for motorcycles, automobiles, and power products. Specific intensity reduction targets include 34% for motorcycles, 27.2% for automobiles, and 28.2% for power products by 2030, compared to FY2020.

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Honda’s Climate Goals (2030 & 2050)

14 goals

2050

50% reduction in Scope 2

Hondaは、ライフサイクル全体で2050年をめどとしたCO2排出量の半減(2000年比)を目標として掲げ、GHG排出削減やエネルギー、資源の効率利用を基軸に事業活動を進めてきました。

On track50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

11 of 15 categories disclosed
Use of Sold Products79%
Purchased Goods & Services17%
End-of-Life Treatment2%
Upstream Transportation & Distribution1%
Capital Goods1%
Downstream Transportation & Distribution0%
Fuel & Energy Activities0%
Investments0%
Use of Sold Products79%
Purchased Goods & Services17%
End-of-Life Treatment2%
Upstream Transportation & Distribution1%
Capital Goods1%
Downstream Transportation & Distribution0%
Fuel & Energy Activities0%
Investments0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Honda logoHonda
JPMotor Vehicle Manufacturing
1 month ago
81
BMW Group logoBMW Group
DEMotor Vehicle Manufacturing
2 days ago
94
View
Volkswagen logoVolkswagen
DEMotor Vehicle Supplies and New Parts Merchant Wholesalers
2 days ago
90
View
Ford logoFord
USMotor Vehicle Manufacturing
6 days ago
85
View
Stellantis logoStellantis
NLMotor Vehicle Manufacturing
6 days ago
83
View
General Motors logoGeneral Motors
USMotor Vehicle Manufacturing
6 days ago
65
View
Kawasaki Heavy Industries, Ltd. logoKawasaki Heavy Industries, Ltd.
JPTransport Equipment Manufacturing
6 days ago
58
View

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