Honda Earns International Environmental Accolade

Honda Motor Company’s environmental commitment has been internationally recognised by the UK-based Carbon Disclosure Project (CDP), for achieving the highest disclosure scores among Japanese companies.

The CDP commended Honda in its 9th annual report, the 2011 Global 500 Report, which analyses the responses of the world’s 500 largest companies to a CDP questionnaire regarding the company’s strategies and corporate governance to address climate change and the reduction of greenhouse gas emissions.

Honda was recognised for its comprehensive information disclosure and listed as one of only 52 companies in the CDP’s “Carbon Disclosure Leadership Index” (CDLI) with the highest score among all Japanese companies included in the survey. The CDLI features companies which have demonstrated the most professional approach to corporate governance regarding the disclosure of climate change information.

Honda was also featured as one of only 29 companies in CDP’s “Carbon Performance Leadership Index” (CPLI). The CPLI was first established last year and highlights companies which have demonstrated a strong commitment to strategy, governance, stakeholder communication and emissions reduction in their CDP responses.

Honda New Zealand Managing Director, Graeme Seymour, says this recognition is testament to the positive impact Honda’s environmental commitment is having not just internationally but also at a local New Zealand level.

“It’s encouraging that Honda’s proactive efforts in addressing climate change issues have resulted in this recognition by CDP,” says Graeme. “Honda will continue to further enhance its environmental activities globally and locally while at the same time taking a proactive approach to further advance its information disclosure practices.”

In June of this year, Honda announced the Honda Environmental slogan: “Blue Skies for Our Children.” As part of the Honda Environmental Vision: Realising “the Joy and Freedom of Mobility” and “a Sustainable Society where People Can Enjoy Life.”. Honda will continue its company-wide effort to realise its environmental vision.

The CDP was established in the United Kingdom in 2000 as an independent not-for-profit organisation and now represents 551 institutional investors with $71 trillion in assets. It has been operating with support from the governments of European countries and the U.S. as well as investors from all around the world. The CDP sends out standardised questionnaires to private-sector businesses and collects responses to analyse and disclose climate change information. The CDP now holds the largest database of primary corporate climate change information in the world.