Introduction

Management

Social Innovation

Environmental

SocialGovernance

Assurance002

Hitachi Sustainability Report 2023

Introduction

Report Editorial Policy

Report Editorial Policy

Basic Concept

Hitachi Group Profile

The Hitachi Sustainability Report 2023 presents our stance oninternational guidelines, including the disclosure requirements

Hitachi publishes three corporate reports: the Integrated Report,sustainability management, social innovation business, andof the GRI Standards and the industry disclosure standards

the Sustainability Report, and the Annual Securities Report. We

ESG (environment, society, and governance), as well as initia-relevant to Hitachi as defined by the Sustainable Industry

define each report’s roles by content (from quantitative informa-tives conducted in fiscal 2022 (including initiatives addressing

Classification System (SICS) of the Sustainability Accounting

tion to Value Creation Strategy) and time horizon (from results tomaterialities).

Standards Board (SASB). Our information disclosures related

the mid- to long-term perspective).

GRI 2-2/2-3/2-5

Our Reporting Universe

This report is intended as an engagement tool for all

to climate change are based on the recommendations of thestakeholders to disclose information in accordance with

Task Force on Climate-related Financial Disclosures (TCFD).

In particular, the Integrated Report and the Sustainability
Report, which are released on the same day, can be read
together to confirm ESG initiative progress and data in addition to management strategies. We also invite you to visit our

What This Report Covers

Companies:

Hitachi, Ltd. and its consolidated subsidiaries

Reportingboundary:

websites for additional information.
Value Creation Strategy

Financial data

964 companies, namely Hitachi, Ltd. and 963 consolidated subsidiaries and equity-method associates and jointventures

Environmental
data

697 companies, namely Hitachi, Ltd. and 696 consolidated subsidiaries.
Data on the environmental impact of business activities are for Category A business sites*1 having large environmental loads. Data related information is provided in the notes to each section.

Social and­governance data

Boundary of individual data indicated

Reporting cycle:

Published every year as an annual report

Date published:

September 2023 (Previous report: September 2022)

Integrated ReportMid- to long-term perspective

This report mainly covers fiscal 2022 (April 1, 2022, to March 31, 2023)
Note: Some information on activities in April 2023 and after is also included.

• Corporate Strategy
Briefing Materials

Results

Period:Sustainability Report• Corporate Governance Report• Business Report

Annual Securities Report*1 All Group business sites are classified as A, B, or C (P.032) based on the Criteria for Classification of Environmental Management established by Hitachi. We engage in themost suitable management for each location in accordance with the respective level of environmental risk.

• Financial Results

Quantitative Information

P.032 Environmental Management System

Hitachi References in This Report
Hitachi, Ltd.: Information on or initiatives of Hitachi, Ltd.
Hitachi, Hitachi Group Global: The Hitachi Group including
Hitachi, Ltd.

Key Guidelines• GRI Standards, Global Reporting Initiative
Each section is labeled with GRI topic numbers indicating the corresponding disclosure requirement.
https://www.hitachi.com/sustainability/gri/index.html• Sustainability Accounting Standards, IFRS Foundation
https://www.hitachi.com/sustainability/sasb/index.html• Environmental Reporting Guidelines (2012/2018 version), Ministry of theEnvironment, Japan• Task Force on Climate-related Financial Disclosures

Hitachi Group Profile
https://www.hitachi.com/

Sustainability

Investor Relations
Social Innovation
https://social-innovation.hitachi/en/

Independent Assurance
GRI 2-5

To enhance the credibility of this report, we engaged KPMG
AZSA Sustainability Co., Ltd. to perform a third-party review.
Themark indicates disclosed information assured in­accordance with the International Standard on Assurance
Engagements (ISAE) 3000 and 3410.