TOKYO, Japan, June 26, 2018 - Honda Motor Co., Ltd. today issued the “Honda SUSTAINABILITY REPORT 2018” (“Sustainability Report”) summarizing Honda’s approach to sustainability as well as initiatives Honda has undertaken based on key challenges identified in non-financial areas.
Striving to further increase the ease of understanding of its sustainability report, Honda made changes to the structure of the report while using the reporting framework developed by the International Integrated Reporting Council (IIRC)*1 as a reference. As a result, this year’s Sustainability Report consists of content structured in the following order: Editorial Policy, Message from the President & CEO, Honda Philosophy, Overview, Strategy, Governance, Performance Report (Environment, Safety, Quality, Human resources,Supply Chain) and Additional Data.
With these contents, the Sustainability Report summarizes Honda’s corporate activities including: 1) the determination of top management which leads the pursuit of mid-to-long-term strategies toward the fulfillment of the 2030 Vision representing the directions Honda will take to continue growing together with society in a sustainable manner, 2) identification of key challenges and the description of concrete initiatives Honda will address in order to fulfill the 2030 Vision and 3) financial results which indicate the results of initiatives Honda has taken during the previous fiscal year.
As the G4 Sustainability Reporting Guidelines (G4 Guidelines)*2, used as the basis of Honda’s past sustainability reports, have been superseded by the GRI Sustainability Reporting Standards (GRI Standards), Honda prepared this year’s Sustainability Report in accordance with the “Comprehensive” option of the GRI Standards. The GRI Standards also define the GRI Content Index, which is a sustainability reporting template that offers a quick overview of reported sustainability information. As with last year, GRI verified the accuracy of the GRI Content Index of this year’s Sustainability Report.
Through its Sustainability Report, Honda will continue reporting to its stakeholders about how the corporate activities of the Honda Group are connected to society in various ways. Moreover, Honda will incorporate stakeholder feedback to Honda’s sustainability-focused management for the future to increase its corporate value and to better contribute to the realization of a sustainable society. With that, Honda will strive to be a company society wants to exist.
- *1The International Integrated Reporting Council (IIRC) is a global coalition of investors, companies, the accounting profession, NGOs and others established in 2010 from the GRI (Global Reporting Initiative).
- *2The forth version of an international standards published by the GRI (Global Reporting Initiative), a global institution and a collaborating center of UNEP (United Nations Environment Program), that develops globally applicable guidelines for sustainability reporting.
Front cover of Honda SUSTAINABILITY REPORT 2018
＜Honda SUSTAINABILITY REPORT 2018 - Table of Contents＞
- Editorial Policy
- Message from the President & CEO
- Honda Philosophy
- Overview of Honda
- Performance Report (Environment, Safety, Quality, Human resources, Supply Chain)
- Assurance／GRI Content Index／Financial Data