To realize the Honda Environmental and Safety Vision and ultimately play a key role in the creation of a zero-impact society, we will leverage our proprietary technologies and business activities to combat climate change issue, energy issue and resource issue. We formulated the Triple Zero concept as an expression of these goals in more substantial terms.
We are addressing climate change issue by shifting to renewable energy with the aim of achieving zero CO2 emissions from our products and business activities. We are steadily lowering CO2 emissions by improving existing technologies while expanding our use of renewable energy and developing new zero-emission technologies for the future.
As an interim objective, we are currently working to achieve our 2020 Product CO2 Emissions Reduction Targets (see page G27) to lower average emissions per unit of motorcycles, automobiles, and power products worldwide by 30% from the 2000 base-year level. We will then aim to halve total company emissions by 2050.
Initiatives currently under way in each product area include expanding our lineup of HEPS-compliant Hi Efficient Products,1 developing and promoting market penetration of electric vehicles (EVs) and fuel cell electric vehicles (FCEVs), and building the infrastructure for EVs to be powered by solar, wind, and other renewable energy sources.
We are also reducing the carbon intensity of our manufacturing operations. The recently completed state-of-the-art Yorii Autmobile Plant at the Saitama Factory uses 30% less energy per unit than conventional plants.
We are addressing energy issue by diversifying energy sources used in our products and business activities with the aim of completely eliminating energy risk from fossil fuels.
We have set an interim target to establish technologies that diversify home energy sources and reduce CO2 emissions from personal mobility and home living to half of 2000 levels. We are developing the Honda Smart Home System (HSHS) to help us realize this goal (see page G32).
Other product-related initiatives include expanding our line-up of Innovative Products and Revolutionary Products,1 products designed with the dual aims of achieving zero CO2 emissions and reducing energy risk.
We are also introducing renewable energy to diversify the energy resources used by our operations, including the scheduled start of operations in 2014 of a wind farm2 expected to generate 85,000 MWh of electricity per year and cover all of the power needs of the automobile plant of Honda Automoveis do Brasil Ltda. in South America.
In Japan, we plan to take steps to reduce the environmental impact of our business activities by entering the electricity retail business to diversify our energy procurement sources.
This will reduce our energy risk and enable us to select power sources with smaller carbon footprints.
We are addressing resource issue by striving to close the loop on all materials and recycle them completely, eliminating waste altogether. Initiatives directed toward this goal include developing alternatives to precious resources; developing and refining technologies to enable increased reduction, reuse, and recycling (3Rs); and reducing water use.
Moreover, by realizing continuous reductions in the use of substances of concern, we will aim to eliminate all environmental pollutants from our products and business activities.
Specific initiatives currently underway are aimed at developing recycling technologies and systems to promote recycling.
We are building a system, for example, to extract and reuse rare earth metals from nickel-metal hydride batteries used in hybrid vehicles.
1. Products that are compliant with the Honda Environmental Performance Standards (HEPS). Hi Efficient Products are HEPS-compliant products that emit less CO2 through improved internal combustion engine efficiency. Innovative Products emit less CO2 because they use an environmentally innovative technology or alternative energy source.
Revolutionary Products reduce or eliminate CO2 emissions by harnessing renewable energy sources or facilitating total energy management (see page G23).
2. Nine 3-MW wind turbines (27 MW in total)