Honda Motor Co., Ltd. today released its annual integrated report, the Honda Report 2024, outlining the company’s medium- to long-term strategies to enhance corporate value and drive future growth. Available on the company’s official website, the report highlights Honda’s commitment to realizing its vision of “The Power of Dreams” while addressing key initiatives in sustainability, human capital, and digital transformation.
CEO Message and Value Creation Story
In his message, the CEO emphasized Honda’s dedication to moving both people and society forward through innovation. The report features an expanded “Value Creation Story,” detailing Honda’s strategic actions to achieve its future vision, from enhancing human resource development to advancing digitalization. A key change in this year’s edition is the clearer presentation of Honda’s value creation process, helping readers visualize how invested resources lead to the fulfillment of the company’s goals.
Roadmap to Carbon Neutrality
A significant update in the 2024 report is the disclosure of Honda’s roadmap to achieve carbon neutrality across all products and corporate activities by 2050. The roadmap outlines specific measures Honda is taking to contribute to a zero-impact society, reinforcing its environmental strategy.
Challenging Spirit and Milestones
Marking the 75th anniversary of Honda’s founding, the report includes a new “Topics” section, celebrating the company’s history of overcoming challenges. Highlights include Honda’s motorsports legacy, which commemorates 60 years of Formula 1 participation, and corporate sports initiatives that embody the “Challenging Spirit” Honda has championed since its inception.
With the Honda Report 2024, Honda continues to foster transparency with investors and stakeholders, while reaffirming its dedication to sustainability and innovation. The report further underscores Honda’s vision of leading positive change in both society and the environment.
