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Public Profile
Electrical Machinery Manufacturing
CH
updated 5 months ago

Hitachi Energy AG

Company website

Hitachi Energy AG, formerly known as Hitachi ABB Power Grids, is a leading player in the energy sector, headquartered in Switzerland (CH). Established in 2020, the company emerged from a joint venture between Hitachi and ABB, combining decades of expertise in power and automation technologies. Operating globally, Hitachi Energy focuses on sustainable energy solutions, including grid integration, digitalisation, and energy management. Their core products and services, such as high-voltage equipment and advanced software solutions, are designed to enhance the efficiency and reliability of power systems. With a strong commitment to innovation, Hitachi Energy has positioned itself as a key contributor to the transition towards a low-carbon energy future, achieving significant milestones in renewable energy integration and smart grid technologies.

DitchCarbon Score

How does Hitachi Energy AG's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

75

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Hitachi Energy AG's score of 75 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Hitachi Energy AG's reported carbon emissions

Inherited from Hitachi, Ltd.

Hitachi Energy AG, headquartered in Switzerland, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by FY2050. Although specific carbon emissions data for the most recent year is not available, the company has established significant reduction targets. Hitachi Energy aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 80% by FY2030, using 2019 as the baseline year. Additionally, the company has committed to a 90% reduction in these emissions by FY2050. For Scope 3 emissions, which encompass emissions from purchased goods and services, transportation, business travel, and product use, Hitachi Energy targets a 55% reduction per MVA sold by FY2030 and a 97% reduction by FY2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to meet the requirements necessary to limit global warming to 1.5°C. The company’s commitment to sustainability is further reinforced by its membership in the BA1.5 initiative, demonstrating its dedication to climate action. Hitachi Energy's climate strategy reflects a comprehensive approach to reducing emissions across all scopes, with a clear focus on both near-term and long-term goals. The company is on track to meet its five-year targets, showcasing its commitment to environmental stewardship and sustainable practices within the construction and engineering sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2014201520162017201820192020202120222023
Scope 1
-
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
Scope 2
-
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
-
-
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hitachi Energy AG's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hitachi Energy AG is in CH, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Hitachi Energy AG is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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