Hertz Sustainability Profile
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 55 is higher than 71% 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 (market-based), and significant Scope 3 emissions totalling around 5,273,440,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from capital goods (about 2,513,088,000 kg CO2e) and franchises (approximately 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 year-on-year. The company has set ambitious climate commitments, including a net-zero target by 2050, as part of its Science Based Targets initiative (SBTi) commitments. This target encompasses all scopes of emissions and reflects Hertz's long-term strategy to mitigate its carbon footprint. Hertz's emissions data is sourced directly from Hertz Global Holdings, Inc., with no cascaded data from parent organisations. The company is actively working towards its climate goals, demonstrating a commitment to sustainability within the ground transportation sector.
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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 |
How Carbon Intensive is Hertz's Industry?
How Carbon Intensive is Hertz's Location?
Hertz's Scope 3 Categories Breakdown
Hertz's Scope 3 emissions, which decreased by 4% last year and increased by approximately 355% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 60% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 48% of Scope 3 emissions.
Top Scope 3 Categories
Hertz's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hertz has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Hertz's sustainability data and climate commitments