Herc Holdings Inc
Herc Holdings's GHG Emissions Data Preview
In 2023, Herc Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Herc Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Herc Holdings’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Herc Holdings’s data sources below and access millions more through our Disclosure Search.
Insights into Herc Holdings's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Herc Holdings amounted to 162,464 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Herc Holdings increased by 10.23%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Herc Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Herc Holdings's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Herc Holdings were 148,668 metric tons of CO₂ equivalent (tCO₂e). a
Has Herc Holdings reduced its Scope 1 emissions over time?
Since 2019, Herc Holdings's Scope 1 emissions have increased by 40.68%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Herc Holdings's Scope 1 emissions increased by 10.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Herc Holdings's Scope 2 emissions?
In 2023, Herc Holdings reported Scope 2 greenhouse gas (GHG) emissions of 13,796 tCO₂e using the market-based method and 13,796 tCO₂e using the location-based method. a
Has Herc Holdings reduced its Scope 2 emissions over time?
Since 2019, Herc Holdings's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 44.42%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Herc Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Herc Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Herc Holdings use for Scope 2 reporting?
In 2023, Herc Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a
Herc Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Herc Holdings's Value Chain Emissions
In 2023, Herc Holdings reported 166,666 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Herc Holdings includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Herc Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Herc Holdings's Scope 3 emissions?
In 2023, Herc Holdings reported total Scope 3 emissions of 166,666 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 65.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.2% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Herc Holdings reduced its Scope 3 emissions over time?
Since 2019, Herc Holdings's Scope 3 emissions have increased by 382.84%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Herc Holdings's Scope 3 emissions increased by 106.97%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Herc Holdings disclose?
In 2023, Herc Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Herc Holdings's Scope 3 emissions?
In 2023, the largest contributors to Herc Holdings's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 56,996 tCO₂e (34.2%)
- Fuel- and Energy-Related Services (Cat. 3): 48,263 tCO₂e (28.96%)
- Upstream Transportation and Distribution (Cat. 4): 33,328 tCO₂e (20%)
Herc Holdings's Scope 3 Emissions by Categories
Insights into Herc Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Herc Holdings reported Scope 1 greenhouse gas (GHG) emissions of 148,668 tCO₂e and total revenues of USD 3,282 millions. This translates into an emissions intensity of 45.3 tCO₂e per millions USD. a
Herc Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Herc Holdings's GHG emissions intensity compare to its peers?
In 2023, Herc Holdings reported a Scope 1 emissions intensity of 45.3 tCO₂e per millions USD. Compared to the peer group median of 16.92 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Herc Holdings rank on GHG emissions intensity within its industry?
In 2023, Herc Holdings ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Herc Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Herc Holdings's Total Carbon Footprint
In 2023, Herc Holdings reported a total carbon footprint of 329,130 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 44.41% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Herc Holdings's total carbon footprint was Scope 3 emissions, accounting for 50.64% of the company's total carbon footprint, followed by Scope 1 emissions at 45.17%. a