Honda Becomes World's First Mobility Company to Disclose Third-party Validated Estimates of Global CO2 Emissions During Product Use
Tokyo, June 20, 2012 - (JCN Newswire) - Honda Motor Co., Ltd., which has been making continuous efforts to reduce CO2 emissions based on its commitment to reduce the environmental footprint of its products throughout the entire life cycle, became the world's first(1) mobility company to disclose estimated global CO2 emissions during customer use of its motorcycles, automobiles and power products.
The amount of global CO2 emissions was calculated based on the Corporate Value Chain (Scope 3) Standard(2) which was issued by the Greenhouse Gas Protocol (GHG Protocol) Initiative(3) in October 2011. The calculation scope matches with the Scope 3 Category 11 (customer use of sold products), where the amount of CO2 emissions is assumed to be the largest from the viewpoint of the life cycle of Honda products. Honda obtained third-party validation of the estimates from Bureau Veritas Japan Co., Ltd., and disclosed them as transparent and reliable information in its 2012 Environmental Annual Report (website), which Honda issued today.
By calculating and disclosing global CO2 emissions as a responsible company engaged in the area of mobility, Honda will continue making progress with its global environmental initiatives.
(1) Honda internal research
(2) Scope 3 Standard [Corporate Value Chain (Scope 3) Accounting and Reporting Standard]
(3) GHG Protocol Initiative is a project group to develop a guideline for calculating and reporting of GHG emissions led mainly by the partnership between the World Business Council for Sustainable Development and the World Resources Institute.
Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.
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