Honda noted for 'operating in an environmentally responsible way'
TORONTO, March 26 /CNW/ - Honda has been honoured by leading publications
in Canada and the U.S. for its environmental and corporate social
responsibility. FORTUNE magazine has released its special report - "Going
Green" - which includes a list of 10 companies that go beyond what the law
requires to operate in an environmentally responsible way. Honda was included
as one of the 10 companies by FORTUNE as being ahead of the learning curve on
the strategic value of environmentalism in their industries. No other
automotive manufacturers were included in the list of 10 companies.
To select the companies on the "Green Giants" list, FORTUNE began by
soliciting nominations from environmentalists and consultants who have worked
in the trenches of corporate America. They nominated nearly 100 companies.
FORTUNE decided to concentrate on bigger firms because their environmental
footprint is more important.
In February's edition of the Globe and Mail's "Report on Business
Magazine," Honda scored a B+, which was the highest grade for any auto
manufacturer. Honda was recognized for its hybrid technology and
fuel-efficient cars, its innovative and sustainable manufacturing facilities,
and for its aggressive program to significantly reduce energy consumption at
its manufacturing sites. Honda was also recognized for eliminating hazardous
substances from its production proves and reducing emissions, material waste
and energy use. Honda also scored high for corporate governance and corporate
In Quebec's financial "Commerce" magazine, Honda scored 7th in the
magazine's 10th annual "Les 150 Entreprises les plus admirées des Québécois"
(most admired companies in Quebec) survey. Honda was the only Automobile
Manufacturer to attain a position in the top 10. The survey was conducted for
Commerce by Léger Marketing between December 2006 and January 2007, based on a
sampling of 500 adult respondents.
Honda is the world's preeminent maker of engines for automobiles,
motorcycles and power equipment. With 130 manufacturing facilities in 29
countries worldwide, Honda now attracts nearly 20 million customers annually.
Honda Canada manufactures the Honda Ridgeline and Civic, and the Acura CSX and
MDX at its two plants in Alliston, Ontario. A new, third plant in Alliston,
with the capacity to produce up to 200,000 efficient 4-cylinder engines
annually, is scheduled to open in 2008.
For further information:
For further information: Sandy Di Felice, (416) 453-6505; Richard
Jacobs, (416) 287-4708