Honda Motor Co Ltd

Automobiles & Auto Parts

Company Summary

Honda Motor Co., Ltd. is a major automaker known for its commitment to environmental sustainability through initiatives such as electric vehicle (EV) development and energy-efficient technologies. The company’s ESG rating is bolstered by its targets to reduce carbon emissions and improve fuel efficiency across its fleet. However, Honda faces criticism for its continued reliance on internal combustion engine vehicles in certain markets and the environmental impact of its supply chain practices, including labor conditions in some regions. While Honda continues to make strides toward a more sustainable future, its efforts are challenged by the legacy of traditional vehicle production. For a deeper understanding, refer to the Honda ESG report.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

26.7
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Automobiles50 out of 88
Universe
Global Universe8535 out of 15104

Overall ESG Rating :

77
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E87S78G61

Overall ESG Rating :

A
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

Honda is Average among 67 companies in the automobiles industry.

Temperature Rise :

2℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned

FAQ

What is Honda's ESG rating?

Honda has an ESG score of 70/100 (MSCI), with strong environmental sustainability practices but challenges related to governance and social issues.

How does Honda contribute to environmental protection?

What governance practices does Honda implement?