Hertz Recognized For Sustainable Business Travel Program

Company's Collaboration with Autodesk Receives Global Business Travel Association ICARUS Sustainability Award

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Aug 01, 2014, 09:15 ET

NAPLES, Fla., Aug. 1, 2014 /PRNewswire/ -- The Hertz Corporation (NYSE:HTZ), the world's largest general use car rental brand, recently earned top honors from The GBTA Foundation, the education and research arm of the Global Business Travel Association (GBTA), and Project ICARUS in their 2nd Annual Sustainability Outstanding Achievement Awards. Hertz and Autodesk jointly received the award for their collaborative efforts to increase hybrid and fuel-efficient rental car use among business travelers.

"Hertz is always looking for opportunities to provide sustainable business value to our customers that deliver both cost and environmental savings," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Autodesk and Hertz's mutual focus on improving sustainable business travel was a perfect fit for collaboration. Our joint effort to increase green vehicle utilization has been a huge success, and it's an honor to win this award with them."

The Hertz Corporation and world leader in 3D design, engineering, and entertainment software and services, Autodesk, were honored this year for their work together which increased business travel usage of alternative fuel vehicles; increased overall high MPG vehicle utilization; lowered CO2 emissions; increase usage of Hertz 24/7 electric vehicles; and reduced fuel costs. These achievements resulted from a strategic green travel program implemented by both companies and Autodesk's continued commitment to rent hybrids, fuel-efficient and electric vehicles from Hertz.

The award recognizes travel buyers, suppliers and intermediaries who can demonstrate outstanding leadership, innovation and commitment to delivering best-in-class sustainability programs, products and services across North America.

To learn more about Hertz Living Journey Sustainability efforts, visit http://www.abouthertz.com/pdf/Hertz-Sustainability-Report-2012.pdf

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar Rent A Car, Thrifty Car Rental, and Firefly brands from approximately 11,500 corporate, licensee and franchisee locations in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Additionally, The Company operates the Hertz 24/7 hourly car rental business. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 9,770 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and is at approximately 130 major airports in Europe. Dollar and Thrifty have approximately 1,410 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure's World's Best Awards Hall of Fame and was recently named, for the thirteenth time by the magazine's readers as the Best Car Rental Agency. Hertz also swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost® and unique cars and SUVs offered through the Company's Adrenaline, Prestige, Green Traveler, and Dream Car Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

About Project ICARUS
Project ICARUS, a GBTA Foundation initiative, is the most widely recognized and respected Corporate Sustainability/Corporate Social Responsibility program within the global business travel and meeting industry. This is a project led by and targeted primarily at national and international travel buyers/managers and their suppliers/intermediaries, who wish to integrate sustainability into the way they manage, run and supply travel and meetings programs.

About the Global Business Travel Association
The Global Business Travel Association (GBTA) is the world's premier business travel and meetings organization. Collectively, GBTA's 6,000-plus members manage over $340 billion of global business travel and meetings expenditures annually. GBTA provides its network of 21,000 business and government travel and meetings managers, as well as travel service providers, with networking events, news, education & professional development, research, and advocacy. For more information, visit gbta.org

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SOURCE The Hertz Corporation