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Hertz Global Holdings Inc
Hertz Global Holdings's GHG Emissions Data Preview
In 2024, Hertz Global 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).
Hertz Global Holdings has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  | 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. | 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. | 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. | 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. | 0000000 |
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aVerified Sources Behind Hertz Global Holdings’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hertz Global Holdings's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHertz Global Holdings amounted to3,679,079metric 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 2023, the total operational greenhouse gas (GHG) emissions of Hertz Global Holdingsincreased by 3.45%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Hertz Global Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hertz Global Holdings's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hertz Global Holdings were 3,527,153 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Hertz Global Holdings's Scope 1 emissions increased by 3.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Hertz Global Holdings's Scope 2 emissions?
In 2024, Hertz Global Holdings reported Scope 2 greenhouse gas (GHG) emissions of 165,168 tCOâ‚‚e using the market-based method and 151,926 tCOâ‚‚e using the location-based method.a
Has Hertz Global Holdings reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Hertz Global Holdings's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Hertz Global Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Hertz Global Holdings use for Scope 2 reporting?
In 2024, Hertz Global Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
Hertz Global Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Hertz Global Holdings's Value Chain Emissions
In 2024, Hertz Global Holdings reported 22,529,796 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Hertz Global Holdings includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Hertz Global Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hertz Global Holdings's Scope 3 emissions?
In 2024, Hertz Global Holdings reported total Scope 3 emissions of 22,529,796 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 16.48%of these emissions originated from upstream activities such as purchased goods and capital goods, while 83.52%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Hertz Global Holdings's Scope 3 emissions increased by 327.15%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Hertz Global Holdings disclose?
In 2024, Hertz Global Holdings reported emissions for 7 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 Hertz Global Holdings's Scope 3 emissions?
In 2024, the largest contributors to Hertz Global Holdings's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 17,473,103 tCOâ‚‚e(77.56%)
- Capital Goods (Cat. 2): 2,350,670 tCOâ‚‚e(10.43%)
- Franchises (Cat. 14): 1,342,867 tCOâ‚‚e(5.96%)
Hertz Global Holdings's Scope 3 Emissions by Categories
Insights into Hertz Global Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hertz Global Holdings reported Scope 1 greenhouse gas (GHG) emissions of 3,527,153 tCOâ‚‚e and total revenues of USD 9,049 millions. This translates into an emissions intensity of 389.78 tCOâ‚‚e per millions USD.a
Hertz Global Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Hertz Global Holdings's GHG emissions intensity compare to its peers?
In 2024, Hertz Global Holdings reported a Scope 1 emissions intensity of 389.78 tCOâ‚‚e per millions USD. Compared to the peer group median of 19.71, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Hertz Global Holdings rank on GHG emissions intensity within its industry?
In 2024, Hertz Global Holdings ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Hertz Global Holdings among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Hertz Global Holdings's Total Carbon Footprint
In 2024, Hertz Global Holdings reported a total carbon footprint of 26,208,875 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 196.79% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hertz Global Holdings's total carbon footprint was Scope 3 emissions, accounting for 85.96% of the company's total carbon footprint, followed by Scope 1 emissions at 13.46%.a