Carbon Disclosure- Project Ranks Honda High

Honda tops among Japanese companies on important index. On September 14, the Carbon Disclosure Project (CDP) commended Honda in its ninth annual Global 500 Report, which analyzes the responses of the world’s 500 largest companies to a questionnaire that asks how they are working to reduce greenhouse gas emissions and combat climate change through cor- porate governance and initiatives.

For the first time, Honda was listed as one of only 52 companies in the CDP’s “Carbon Disclosure Leadership Index” (CDLI). Honda earned the highest rank among all Japanese companies included in this index. Honda also earned the second-highest rank among all automakers, re- ceiving 95 points—just one point lower than BMW’s 96.

Moreover, for the first time Honda was listed as one of only 29 companies in CDP’s “Carbon Per- formance Leadership Index” (CPLI). Established last year, the CPLI highlights companies that have dem- onstrated a strong commitment to strategy, gover- nance, stakeholder communications and emissions reduction in their CDP responses.

What is the Carbon Disclosure Project?

Established in the UK in 2000 as an independent not-for-profit organization, the CDP operates with support from the gov- ernments of European countries and the US, as well as from investors worldwide. According to the official website, the CDP holds “the largest database of primary corporate climate change information in the world.

Thousands of organizations from across the world’s major economies measure and dis- close their greenhouse gas emissions, water use and climate change strategies through CDP. We put this information at the heart of financial and policy decision-making.”