Initiatives regarding the issue of conflict minerals
The U.S. Securities and Exchange Commission (SEC) has adopted a final rule for disclosure mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) that requires publicly listed companies to disclose their usage of conflict minerals, so as to confirm that the purchase and usage of such minerals that originated in the Democratic Republic of the Congo or adjoining countries are contributing neither to the funding of armed groups nor to the abuse of human rights in that region.
Honda has adopted concrete measures in relation to conflict minerals, including a policy of monitoring supply chains, in collaboration with domestic and international industry organizations.
In the event that there are concerns regarding any particular minerals, Honda will take steps to avoid the use of such minerals.
In addition, Honda seeks the cooperation of its business partners in this regard, asking them to make the same level of effort regarding the issue of conflict minerals.
Procuring environmentally responsible materials and parts
Striving to build a low-carbon global supply chain
As part of its effort to build a low-carbon global supply chain consisting of competitive suppliers so that it can create the optimal QCDDE sought by customers worldwide, Honda has created an Environmental Grand Design and is taking the following three steps:
- Disseminating Honda's environmental initiatives
- Promoting the preparation to manage CO2 emissions reduction
- Reducing CO2 emissions
We have also issued the Honda Green Purchasing Guidelines to suppliers of parts and raw materials to explain Honda’s efforts to reduce environmental impacts throughout the product life cycle. We also hold supplier briefings to explain the standards and methods by which emissions are calculated in line with the Guidelines as well as our reduction plans, and we use the PDCA cycle to pursue reductions.
We also hold supplier briefings to explain the standards and methods by which emissions are calculated in line with the Guidelines as well as our reduction plans, and we use the PDCA cycle to pursue reductions.
Headquarters launching reform of parts distribution
In procured part logistics, an area where we have traditionally depended on suppliers, Honda is working to build a logistics network capable of collecting parts locally and shipping them efficiently in order to reduce CO2 emissions. The effort was launched in conjunction with certain suppliers in November 2011, and during fiscal 2013 we increased the number of participating suppliers and began transporting parts by rail. Going forward, we will continue to pursue this approach to reducing logistics-linked CO2 emissions in partnership with suppliers.