Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Honda established the Corporate Integration Strategy Meeting chaired by the Chief Financial Officer (CFO) with the aim of building consensus on the company-wide direction based on recognition of the environment both internally and externally, as well as material issues that Honda as a whole should tackle. Policies and initiatives for sustainability issues are discussed and examined in the meeting. While continuing activities to increase Honda value of existence and receive due recognition from society by showing to the public its entire corporate activities rooted in the Honda Philosophy, the Corporate Integration Strategy Meeting will plan company-wide strategies that reflect a sustainability perspective.
To promote and reinforce efforts in the environmental and safety related domains, which represent the most important material issue as a mobility company, Honda has established the World Environment and Safety Strategy Committee chaired by the Chief Executive Officer (CEO). Since strategies in the environmental domain also include Honda response to climate change, the CO2 emissions reduction targets set by the Committee are examined and decided by the Board of Directors. Taking into consideration the material issues examined at these committees, Honda determines corporate strategies through the Executive Council and Board of Directors. The Company then breaks them down into policies and measures for business and functional operations and subsidiaries for actual execution.
All Honda's response policies regarding climate change have been decided as described above. Honda's climate change policy is shared by all departments, including those that engage in public relations activities with policy makers.