Hitachi Energy Ltd.
Climate Impact & Sustainability Data (2022-04-01 to 2023-03-31)
Reporting Period: 2022-04-01 to 2023-03-31
Environmental Metrics
Total Carbon Emissions:269 ktCO2e
Scope 1 Emissions:83,801 tCO2e
Scope 2 Emissions:8,048 tCO2e
Scope 3 Emissions:228,295,228 tCO2e
Water Consumption:4,637.18 ML
Waste Generated:77,498.14 tons
ESG Focus Areas
- Climate change and carbon neutrality
- Human rights and labor conditions
- Responsible sourcing
- Resource efficiency and circular economy
- Sustainable products, services, and solutions
- Developing our people
- Diversity and inclusion
- Integrity and anti-corruption
Environmental Achievements
- Reduced Scope 1 and 2 emissions by 74.6% vs. 2019 baseline (to 91.8 kt CO2e)
- Achieved 100% fossil-free electricity in own operations
- Reduced SF6 emissions by 62.7 kt compared to FY2021
- Increased renewable energy share in own operations by 27%
- Reduced freshwater use by 11.2% vs. 2013 baseline
- Increased recycling rate on waste from operations to 86%
- Increased recovered waste (including energy recovery) to 90%
Social Achievements
- Launched Mind Matters mental well-being program
- Increased women in manager roles to 32%
- Increased women in the organization to 38%
- Increased women in external hires to 59%
- Increased women in early career hires to 21%
- 38% of all talent pools members were female
- Launched Interrupting Unconscious Bias learning initiative
- Launched HEERA (Harmony, Energy, Equity, Respect, Ambition) Gender Equity Council
- Implemented 90 global and local CSR activities across 26 countries
Governance Achievements
- Achieved EcoVadis Gold Medal
- Updated Code of Conduct
- Launched HILDI, Legal & Integrity chatbot
- Achieved ISO 37001 Anti-Bribery Management System global certification
- No significant non-compliance with laws and regulations registered in FY2022-2023
- No incidents of corruption or anti-competitive behavior
Climate Goals & Targets
Long-term Goals:
- Achieve Net Zero by 2050
Medium-term Goals:
- Achieve carbon neutrality in own operations by 2030
Short-term Goals:
- Reduce Scope 1 and 2 emissions by at least 80% by 2030 from 2019 levels
- Reduce Scope 3 emissions by 50% by 2030 from 2019 levels
- Increase female diversity to 25% by 2025
Environmental Challenges
- Supply chain disruptions
- Increasing Scope 3 emissions due to business growth
- Challenges in suitable opportunities for recovering waste
- Water stress in some operational sites
Mitigation Strategies
- Developed alternative sourcing strategies
- Improved data collection and GHG accounting methodology for Scope 3 emissions
- Implementing Green Steps initiative to promote waste reduction
- Developing action plans to mitigate water management risks
- Implementing energy management standards and carbon neutrality roadmaps at top sites
- Phasing out fossil fuels and transitioning to electric vehicle fleet
Supply Chain Management
Supplier Audits: 84% of critical suppliers assessed; 100% of suppliers completed qualification
Responsible Procurement
- Supplier Code of Conduct
- Supplier Sustainability Development Program
- EcoVadis assessments
- Responsible Minerals Sourcing Program
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards – Core Option, EU regulations, CDP, SASB, SBTi, EcoVadis
Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 37001
Third-party Assurance: DNV Business Assurance Italy S.r.l.
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 12 (Responsible Consumption and Production)
- SDG 6 (Clean Water and Sanitation)
- SDG 4 (Quality Education)
- SDG 5 (Gender Equality)
- SDG 16 (Peace, Justice, and Strong Institutions)
- SDG 17 (Partnerships for the Goals)
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- EconiQ portfolio of eco-efficient products
Awards & Recognition
- EcoVadis Gold Medal
- Hitachi Ltd. Excellence Award: LSR Program
- Hitachi Ltd. Innovative Award: Mind Matters