Hitachi Group Achieves Carbon Neutrality
Hitachi Industrial Equipment Systems Co. and its group companies have achieved carbon neutrality across their global business operations in fiscal year 2024, six years ahead of its 2030 target.
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| Hitachi Industrial Equipment Systems Co and its group companies have achieved carbon neutrality across their global business operations in fiscal year 2024. |
Major energy-saving efforts have been undertaken at the HIES factories and offices worldwide in line with its slogan, Leading a Sustainable Future. Measures include upgrading equipment to high-efficiency transformers and air compressors, converting to LED lighting, installing solar power generation facilities, and sourcing renewable energy.
“We are proud to achieve carbon neutrality (Scopes 1 and 2),” said John Randall, president and CEO of HIES. “This reflects our commitment to sustainability, not only in our operations but also in helping our customers improve their energy efficiency. We will continue to develop connected and sustainable industrial products and solutions to contribute to a more sustainable society.”
HIES is part of Hitachi Group’s long-term environmental vision, Hitachi Environmental Innovation 2050, which aims for net-zero greenhouse gas emissions across the entire value chain by fiscal 2050.
This target is a science-based net-zero target aligned with the 1.5 degrees Celsius climate threshold set by the Paris Agreement and has been certified by the Science Based Targets initiative (SBTi), an international climate change initiative.
While the HIES Group's targets have not undergone individual verification, they are incorporated into the Hitachi Group's net-zero target and are being verified by the SBTi process.
HIES Group has been advancing initiatives to reduce emissions by implementing energy-saving measures, introducing renewable energy power generation facilities, procuring renewable energy from external sources (purchased and certified), and utilizing carbon offsets.
By the 2024 fiscal year, the company achieved carbon neutrality at 54 sites, including domestic and overseas business sites, factories, service stations, and offices, which account for more than 95% of the group's GHG emissions.
Additionally, Hitachi aim to reduce the offset ratio (based on 2019 emissions, which account for approximately 20% of our decarbonization target baseline year emissions) in 2024 to 17% or less by 2030, through continuing our efforts of reducing Scope1 such as efficient operation and electrification of equipment.
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