Introduction

Management

Social Innovation

Environmental

SocialGovernance

Environmental

Advancing Our Environmental Vision and Long-Term Environmental Targets

Environmental“Environmental Vision” and “Hitachi Environmental Innovation 2050”

Advancing Our Environmental Vision andLong-Term Environmental Targets	“Environmental Vision” and“Hitachi Environmental Innovation 2050”
Environmental Action Plan
Environmental GovernanceAchieving a Decarbonized Society
Achieving a Resource-Efficient Society
Achieving a Harmonized Society with Nature
Environmental DataTaking into account the growing urgency of environmental

vision for society from a long-term perspective. In working
toward achieving this vision, we have established a set ofsociety with nature under the banner of Hitachi EnvironmentalTarget

GRI 2-23

Environmental Vision
Hitachi will resolve environmental issues and achieve both a higher quality of life and a sustainable society
through its Social Innovation Business in collaborative creation with its stakeholders.
The aim of Hitachi’s environmental management

long-term environmental targets aimed at building a decarbonized society, a resource-efficient society, and a harmonized

Policy027

Environmental Vision and Long-term Environmental Targets: Hitachi Environmental Innovation 2050

issues in the world and the management policies, Hitachi
formulated an Environmental Vision that clearly outlines ourHitachi Sustainability Report 2023

Assurance

Decarbonized society

Resource Efficient Society

Harmonized Society with Nature

Climate Change Mitigation/Adaptation

Saving and Recycling Resources

Preservation of Ecosystems

Innovation 2050 and are working to advance them.
The movement toward a decarbonized society is acceler-Long-term Environmental Targets

ating both in Japan and internationally. We are seeing thedecarbonization of entire value chains and an accompanying
green transformation (GX). Hitachi set a goal to achievecarbon neutrality by fiscal 2030 in our factories and offices,and by fiscal 2050 throughout our value chain. We are currently engaged in measures to achieve these goals.
To meet our goal of Achieving a Resource-Efficient
Society, we aim to create a sustainable society, while keeping
the transition to a circular economy in mind, by improving theefficiency of water and resources use at Hitachi by 50% by
fiscal 2050 (compared to fiscal 2010 levels).
To meet our goal of Achieving a Harmonized Society with

Hitachi’s resolution looking toward 2050 and 2030

Hitachi Environmental Innovation 2050
For a decarbonized society

For a resource efficient society

For a harmonized society with nature

Achieve carbon neutrality by
FY2050 through the value chain
Reduce CO2 emissions 50%
by FY2030 (compared to FY2010)

Build a society that uses water andother resources efficiently
with customers and society

Impact on
natural capital

Efficiency in use of water/resources

MinimizedAchieve carbon neutrality
by FY2030 at business sites(factories and offices)

50FY2050%improvement(compared to FY2010 in Hitachi Group)

Nature, we strive to minimize our impact on natural capital bykeeping a close eye on international initiatives such as theEnvironmental Action Plan

15th Conference of the Parties (COP15) to the Convention on
Biological Diversity, held in December 2022, and the Task
Force on Nature-Related Financial Disclosure (TNFD).
Hitachi’s environmental initiatives, including the achievement of these long-term environmental targets, are mandated
by the short-term Environmental Action Plan which is updated
every three years and pursued Group-wide.

Set environmental action items and targets every three years in order to achieve the long-term targets
P.035 Achieving a Decarbonized Society

P.050 Achieving a Resource-Efficient Society

P.055 Achieving a Harmonized Society with Nature

Introduction

Environmental

Social Innovation

Environmental

SocialGovernance

Progress in Reaching Hitachi Environmental Innovation 2050 Targets
TargetEnvironmental

Management

Activities

We are making progress with major Hitachi Environmental Innovation 2050 targets, as shown below. We are generally on track, andAdvancing Our Environmental Vision andLong-Term Environmental Targets

we will continue strengthening our environmental activities to achieve these targets. Regarding our long-term value chain target to	“Environmental Vision” and“Hitachi Environmental Innovation 2050”

top-tier environmental performance.

Environmental Action Plan
Environmental Governancehelp build a decarbonized society, we are developing activities which help to reduce CO2 emissions by providing products with

For a decarbonized society
Reduced CO2 Emissions at Business Sites ( Factories and offices)Achieving a Decarbonized Society
Achieving a Resource-Efficient Society
Achieving a Harmonized Society with Nature

Reduction rate of total CO2(compared to FY2010)

FY2022 target

FY2022 result

FY2030 target

FY2050 target

32%

40%

100% (carbon neutrality)(Maintain 100%)

Environmental Data
For a resource efficient society
Enhanced Efficiency in the Use of Waste and Valuable Generation at Business Sites (Factories and Offices)

Reduction rate in waste andvaluables generation perunit (compared to FY2010
Hitachi Group)

FY2022 target

FY2022 result

FY2030 target

FY2050 target

14%16%―50% reduction

Enhanced Efficiency in the Use of Water at Business Sites (Factories and Offices)

Reduction rate in water use
per unit (compared toFY2010 Hitachi Group)

FY2022 target

FY2022 result

FY2030 target

FY2050 target

22%27%―50% reduction

Note: See the referenced pages for details on the figures cited.

Assurance

Hitachi Sustainability Report 2023

028

Introduction

Environmental

Management

Social Innovation

Environmental

SocialGovernance

Assurance

Hitachi Sustainability Report 2023

029

Green Strategy
Approach

Environmental

Green Strategies for Sustainable Growth

Advancing Our Environmental Vision andLong-Term Environmental Targets

Hitachi contributes solutions to environmental issues through our Social Innovation Business. Aiming to be a Climate Change Innovator that leads the way in contributing to the decarbonization of	“Environmental Vision” and“Hitachi Environmental Innovation 2050”

the green transformation of our customers and society. By moving forward in both GX for CORE and GX for GROWTH, we will accelerate the deeper development of technology and expertise, improv-

Environmental Action Plan­society, we formulated a Green Strategy consisting of two pillars: GX for CORE, through which we accelerate Hitachi Group green transformation, and GX for GROWTH, through which we contribute toing the environmental value Hitachi provides on a continued basis.
The Hitachi Green Strategy contributes to the creation of decarbonized and resource-efficient societies that are harmonized with nature.

Environmental GovernanceAchieving a Decarbonized Society

The Hitachi Green Strategy

Achieving a Resource-Efficient Society
Achieving a Harmonized Society with Nature
Environmental Data

GXfor CORE

Combine the Two GX Strategies toCreate and Enhance Solutions• Achieve carbon neutrality of in-house production

GXfor GROWTH• Provide products and services with lowactivities➞ Achieve carbon neutrality for Scope 1 and 2by FY2030 and throughout the entire value
chain by FY2050­environmental impact➞ 100 million metric tons of CO2 avoidedemissions per year (As of FY2024)• Promote the transition to a circular economy• Use resources effectively

and contribute to ecosystem conservation
through waste reduction associated with thetransition to a circular economy➞ Improve efficiency in use of water/resources,
and promote eco-designs• Preserve ecosystems

Example: Initiatives to eliminate the useof all fossil fuels at businesssites (Italy)

Example: D evelopment of ESG
solutions for sustainability
management

Example: H
 VDC conversion plantfor the mass adoption ofrenewable energy

Introduction

Environmental
Environmental

Advancing Our Environmental Vision andLong-Term Environmental Targets
Environmental Vision” and“Hitachi Environmental Innovation 2050”

Management

Social Innovation

Environmental

SocialGovernance

Hitachi Sustainability Report 2023

Assurance

030

Environmental Action Plan
To achieve its Environmental Vision and the Hitachi Environmental Innovation 2050 long-term environmental targets, Hitachi draws up an Environmental Action Plan containing indicators and targets
for the three-year period covered by the Mid-term Management Plan and steadily promotes its implementation.

Environmental Action Plan for 2024 (Fiscal 2022–2024)
TargetActivities	Environmental Action Plan

Hitachi pursues environmental activities under the Environmental Action Plan for 2024 (Fiscal 2022–2024) that were based on the 2024 Mid-term Management Plan. The targets set for fiscal 2022 andEnvironmental Governanceour results are as follows.

Achieving a Decarbonized Society
Achieving a Resource-Efficient Society

Environmental Action Plan for 2024
Our environmental activities and targets are updated every three years with a view to achieving our long-term environmental targets.

Achieving a Harmonized Society with NatureItems

Environmental Data
Environmental Management

Indicators
Promote environmental human capital development

Reduce total CO2

Reduction rate of total CO2*1 (compared to FY2010)

Improve transportation energy consumption per unit (Japan)

Improvement rate of transportation energy consumption per unit(Japan)*2 (compared to FY2020)

2%

Reduction rate of CO2 emissions per unit (compared to FY2010)

12%

A DecarbonizedSocietyProducts andservices

Reduce CO2 emissions of products
and services

Promote eco-design

Factories and offices

Enhance efficiency in the use ofresources

FY2023 targets

Final FY (2024)
targets

Environmental human capital development mindful of changes in personnel
composition, including generational shifts
40%
32%
35%
50%

◆◆◆
14%

◆◆◆
15%

◆◆◆

3%

4%

13%

14%

CO2 avoided emissions

Target: CO2 avoided emissions of 100 million metric tons per year (FY2024)
Forecast: CO2 avoided emissions of 126.1 million metric tons per year*4

Environmentally conscious design assessments and LCA application rates for newly developed and designed products

Target: Full application Eco-Design for all newly developed products
FY2022 Results: 357 products identified as subject of Eco-Design

Number of sites achieving zero landfill waste*3

A HarmonizedSociety withNature

FY2022 targets

Environmental human Promote environmental human capital
capital development development
Factories and offices

A Resource
Efficient Society◆◆◆: Achieved ◆◆: Partially achieved
FY2022 results(achievementlevel)

Reduction rate in waste and valuables generation per unit
(compared to FY2010)

9014%Reduction rate in water use per unit (compared to FY2010)22%

Effective utilization rate of plastic waste

77%

199

◆◆◆16%◆◆◆
27%◆◆◆88%

◆◆◆

124

158

17%

20%

23%

24%

81%

85%

Water risks

Respond to water risks

Responding to water risks

Chemical substance

Reduce chemical emissions

Reduction rate in chemical atmospheric emissions per unit
(compared to FY2010)

Ecosystem
preservation

Impact on natural capital

Calculation of negative impacts (business unit/Group company-level LCA implementation) / Calculation of positive impacts (forest conservation activities)*1 Reduction rate of total CO2: Indicator representing CO2 emissions from Hitachi’s consumption of energy alone*2 This is a target for Japan only. Targets in other countries are set on a voluntary basis.
*3 Pursued in assumed conformance with regulations, conditions, etc. Less than 0.5%
*4 Three-year average

Minimization of business impacts regarding water risks
5%

21%

◆◆◆

6%

8%