June 21, 2004 --- Honda Motor Co., Ltd. today issued its Honda Environmental Annual Report 2004, outlining the Company's domestic Japanese environmental performance for fiscal 2003 (ending March 31, 2004) and its objectives for fiscal 2004 (ending March 31, 2005).
Published annually since 1998, this seventh edition of the report is intended to serve both as an annual report on the objective and progress of environmental activities based on the “Honda Environment Statement,” and as an environmental communications tool for collecting critical feedback and comments from a large number of people who are engaged in Honda corporate activities.
The principle achievements announced in the report for fiscal 2003 (April 2003-March 2004) are as follows:
Of the nine in-house target objectives that Honda aimed to achieve by 2005 in the products domain, Honda has newly attained the following:
Objective: To reduce the total hydrocarbon and NOx exhaust emissions of newly released automobiles by approximately 75%, compared with 1995.
Progress: Total hydrocarbon and NOx exhaust emissions for newly released automobiles has been reduced by approximately 83.7%.
Objective: To improve the average fuel economy of motorcycles by approximately 30%, compared with 1995.
Progress: Motorcycle fuel efficiency has been improved by approximately 33.7%.
The Company has also continued to achieve its objectives in the following three categories:
Objective: To improve the average fuel economy of automobiles by approximately 25%, compared with 1995.
Progress: Automobile fuel efficiency has been improved by approximately 35%.
Objective: To reduce the total hydrocarbon exhaust emissions of motorcycles to approximately 1/3 (approx.33%)of 1995 levels.
Progress: Motorcycle hydrocarbon emissions have been reduced to approximately 31% of 1995 levels exceeding objective.
Objective: To reduce the average hydrocarbon and NOx exhaust emissions of power
products by approximately 30%, compared with 1995.
Progress: Average hydrocarbon and NOx exhaust emissions for power products has
been reduced by approximately 36%.
Honda has continued to meet the following energy saving objective. Objective: To achieve the in-house target of a 30% reduction in the energy consumption rate by 2010, compared with 1990.
Progress: As of the end of fiscal 2003, the Company had reduced its energy
consumption rate by 18.9%.
Other Principal Areas
- Environmental protection costs: 140.8 billion yen (including R&D costs of 133.8 billion yen).
- All models now conform to the Japanese government exhaust emissions standards for 2005. In addition, 12 types of six models received certification as “Low Emissions Vehicles (LEV),” which means that their exhaust emissions is 75 % below the permissible level. (As of March 31, 2004))
- 40 types of 18 models have achieved a fuel efficiency level that exceeds the 2010 fuel efficiency standards by 5% (As of March 31, 2004)