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Honda Motor

Honda Motor is a publicly listed company headquartered in Tokyo, Japan. In 2020, it had USD 123 billion group revenue and produced 4,292 ,000 light duty vehicles. Having only released its first low-carbon vehicle in 2020, the company needs to rapidly increase sales to meet its targets.

Ranking position
#16/30
Total score
29.0/100
Performance score
7.2/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-30)

Targets

#1 1.8 /3 #5

Material Investment

#1 0.1 /0.4 #12

Intangible Investment

#1 2.4 /2.4 #1

Sold product performance

#1 1.1 /7 #24

Management

#1 1.3 /2.2 #9

Supplier Engagement

#1 0.3 /1.2 #11

Client Engagement

#1 0.0 /0.8 #20

Policy Engagement

#1 0.0 /1.2 #29

Business Model

#1 0.0 /1.8 #24
#1
Indicates the score for the top performing company.

Leading practices

Risks and opportunities

Trend

Honda receives a trend score of – . If the company were reassessed in the near future, its score would likely decrease. The company is projected to exceed its 1.5°C scope 3 carbon budget for 2020-2025 by 22%. Low-carbon vehicle sales remain low at 0.4% of total sales and must drastically increase. Honda has set a target for full electrification by 2040 but has not set interim sales targets. The company has no alternative low-carbon business models and no clear strategy for promoting low-carbon vehicles. Honda has a high level of transparency for R&D spending on low-carbon technologies.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2019
  2. 2020

More about the company

Headquarters
Tokyo, Japan
Revenue (2020)
USD 123.3 billion
Ownership
Publicly listed
Number of vehicles sold (2020)
4,461,469
Website
https://global.honda/

This company is part of the SDG2000, the 2.000 most influential companies

See company profile