Overall impact
D (35)

Commentary

Honda is a below-average overall performer. With a 'D' rating of 35.3 for overall impact (bottom 25% of all companies), Honda ranks 17th out of 21 industry peers, behind Tata Motors, Ferrari, Volvo and 13 others, and ahead of Suzuki Motor, Kia Corporation, Stellantis and 1 other. On top material causes for Honda's industry (Automobiles & Parts), Honda performs well in Renewable Energy Growth (83.2 score) and performs poorly in Fair Labor Practices (14.7 score), Accountable Institutions (9.5), Decent, Safe Work Opportunities (0.0) and 8 other causes where it received a 'D' or 'F' score.
Impact
Cause HMC
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Employees
194,993
Sector
Consumer Discretionary
Industry
Automobiles
Sub-industry
Automobile Manufacturers
SASB industry
Automobiles
Headquarters
Japan
Share classes
HMC
Description
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. The Power Product and Other Businesses manufactures and sells power products, such as general purpose engines, lawn mowers, generators, water pumps, brush cutters, tillers, outboard marine engines, and snow throwers. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
Material causes
Ethos considers the following causes material for Honda, based on its industry sub-industry Automobile Manufacturers. Learn more about material causes in our methodology overview.

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