Management

Introduction

Management
CEO’s Message
Chief Sustainability Officer’s Message
Hitachi Group Identity
Sustainability Management

Engagement and Initiatives
External Assessments and Awards

Social Innovation

Engagement and Initiatives

Activities

SocialGovernance

Assurance

Hitachi Sustainability Report 2023

017

GRI 2-28

Stakeholder Engagement
Approach

Environmental

Industry Leadership and Policy Recommendations
GRI 2-29

As part of developing Hitachi’s Social Innovation Business on a global scale, Hitachi views government institutions and privatebodies in each country and region of the world as important partners. Our Government & External Relations Group leads our efforts

In its commitment to promoting the Social Innovation

to strengthen ties with these bodies. We collaborate with business locations worldwide to develop mutual relationships with local

Business, Hitachi endeavors to accurately identify the variouscommunities, working with governments and international organizations in each country. At the same time, the Group seeks newsocial issues facing each country and region, and to workbusiness opportunities for Hitachi, creating value based on the various regional social issues and policies.

toward resolution of these issues through engagement incollaborative creation with a wide range of stakeholders,
including customers, governments and municipalities, as wellas academic and research institutions. In addition, with theMore frequently, governments are asking for our opinions. We also contribute to building better societies by making requests
directly and proposing solutions through discussions in economic organizations and industrial bodies.
Industry Leadership and Policy Recommendations
http://www.hitachi.com/sustainability/leadership/index.html#anc02

goal of enhancing the value of our human capital, we work topromote for direct dialogues between the management andEfforts in International Standardization Activities

employees, who are an essential management resource.

Hitachi considers international standardization as an activity to define the international rules necessary for achieving sustainable

Furthermore, with the recent rise in ESG investment, wesocieties. Hitachi recognizes that international standards are standards or criteria endorsed through fair discussion and international

actively engage in dialogues with shareholders and investors

agreement by members representing specialized fields and diverse stakeholders.

as well.

To this end, Hitachi strives to solve social issues from a global perspective. Hitachi also engages in collaborative creation with aDialogues with Stakeholders
https://www.hitachi.com/IR-e/corporate/governance/dialogue/index.html
Disclosure Policy
https://www.hitachi.com/IR-e/corporate/disclosure/index.html

diverse range of stakeholders, including national and regional governments, academic and research institutions, corporations,
NGOs and NPOs, and users around the world to create new social norms (rules) and contribute to sustainable societies throughour Social Innovation Business.
Hitachi believes international standardization is as important as R&D and intellectual property. Hitachi participates actively instandardization activities at international standardization organizations that include IEC*1, ISO*2, and ITU-T*3. Hitachi also participates in consortia established in various regions and industrial fields around the world.

Sustainability Leadership
Approach

Activities

Hitachi is engaged in international standardization activities in various fields including efforts concerning the circular economy(ISO/TC*4 323), the environmental standardization for electrical and electronic products and systems (IEC/TC 111, smart community infrastructures (ISO/TC 268/SC*5 1), and unmanned aircraft systems (ISO/TC 20/SC 16). Providing solutions consistent withHitachi work with diverse global initiatives and organizations

international standards through these international standardization activities, Hitachi supports the development of sound global

to make rules that contribute to the creation of a sustainable

markets and facilitate innovation to resolve social issues.

society and to solve social issues.

*1 IEC: International Electrotechnical Commission. An international organization composed of member countries and regions.
*2 ISO: International Organization for Standardization. An international organization composed of member countries and regions.
*3 ITU-T: International Telecommunication Union Telecommunication Standardization Sector. A specialized agency of the United Nations.
*4 TC: Technical Committee*5 SC: Subcommittee

Efforts in International Standardization Activities
http://www.hitachi.com/sustainability/leadership/index.html#anc03

Introduction

Management
CEO’s Message

Management

Social Innovation

Environmental

SocialGovernance

Assurance

Based on its corporate mission of “contribute to society through the development of superior, original technology and products,” Hitachi promotes its Social Innovation Business with the aim of­contributing to the realization of a sustainable society. As part of this, to play its proper role as a global corporation, Hitachi actively participates in international initiatives and groups addressing social
issues on a global scale.

Initiative or Group

Activities

United Nations Global
Compact (UNGC)

Became a participant in 2009.
Joined workshops organized by theGlobal Compact Network Japan(GCNJ) on ten different topics infiscal 2022, including ESG, SDGs,and WEPs (the Women’sEmpowerment Principles)

Sustainability Management

Engagement and InitiativesExternal Assessments and Awards

018

Main Initiatives and Groups Hitachi Is Involved withChief Sustainability Officer’s Message
Hitachi Group Identity

Hitachi Sustainability Report 2023

World BusinessCouncil for Sustainable
Development (WBCSD)

Business for Social
Responsibility (BSR)

World Economic ForumTask Force on Climaterelated Financial
Disclosures (TCFD)

Became a member in 1995
Adopted SOS 1.5 project in 2020

Became a member in 2007 andhas participated in the Human
Rights Working Group (HRWG)
since 2016

Participated in Davos Forum since2014

Announced support for TCFD in2018 and disclosed climate-­related
information based on the TCFD
recommendations

Main Initiatives and Groups Hitachi Is Involved with
http://www.hitachi.com/sustainability/leadership/index.html#anc01

Initiative or GroupActivities

Japan Climate Initiative(JCI)

Became a member in 2018
Joined the JCI Race to Zero Circle
established in 2021

The Science Based
Targets initiative (SBTi)

Obtained accreditation of “Targetsfor 1.5℃” in 2020

Business Ambition for
1.5°C

Became a member in 2020, alongwith SBT1.5°C certification

Race To Zerocampaign

Joined in 2020, along with
Business Ambition for 1.5°C
commitmentThe Valuable 500

Became a member in 2021

ESG Disclosure Study
Group (EDSG)

Participated as a founder andstart-up member since 2020—