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Honda Canada named one of Canada’s ‘Top 50 Most Socially Responsible Corporations’

TORONTO6/17/2010

TORONTO (June 17, 2010) - Honda Canada Inc. has been named one of Canada’s  “Top 50 Socially Responsible Corporations” in the 2010 Maclean's/Jantzi-Sustainalytics Top 50 Socially Responsible Corporations Report. The report appears in the June 21 issue of Maclean’s magazine.

 

Jantzi-Sustainalytics is a leading global provider of environmental, social and governance (ESG) research and analysis. It serves some of the world's largest asset owners, asset managers and private companies. Its international reputation is underpinned by nearly 20 years of experience in the Responsible Investment (RI) and Socially Responsible Investment (SRI) markets. The diverse knowledge and expertise of its international team of sustainability analysts and consultants allow Jantzi-Sustainalytics to provide superior products, supported by customized advice and support services, to its clients.

 

According to Jantzi-Sustainalytics, the Top 50 Socially Responsible Corporations 2010 are “selected on the basis of a broad range of social, environmental and governance indicators… [and] these companies are making Canada a better place.” 

 

The Maclean’s brief highlights Honda’s Insight, a five-passenger hybrid vehicle that “has the lowest retail price of any hybrid automobile in North America,” and recognizes Honda’s “Intelligent Paint Booth Technology” that reduces CO2 emissions from body painting by roughly 15 per cent.

 

Honda is recognized for being an environmental leader among automotive manufacturers worldwide.  In 1972, the Honda Civic CVCC engine was the world’s first engine to comply with strict 1970 U.S. Clean Air Act emissions standard. Today, Honda is one of North America’s most fuel-efficient car companies and a global leader in advanced fuel-cell technology.

 

Now in its 41st year of operations in Canada, Honda Canada Inc. has sold more than 3,300,000 Honda and Acura passenger cars and light-duty trucks.  More than half of all Honda and Acura vehicles sold in Canada last year were made in Canada and 91 percent were made in North America – a higher percentage than any other vehicle manufacturer in Canada.  Honda Canada makes the Honda Civic and the Acura MDX, ZDX and CSX at its two manufacturing plants in Alliston, Ontario, and produces fuel-efficient 4-cylinder engines at its engine plant, adjacent to its two assembly plants.