Hitachi Capital Sustainability Profile
Hitachi Capital (commonly known as Novuna) is a leading financial services provider headquartered in Great Britain. Established in 1982, the company has evolved significantly, expanding its operations across the UK and Europe. Specialising in asset finance, consumer finance, and business solutions, Hitachi Capital stands out for its innovative approach to financing, offering tailored solutions that meet the diverse needs of its clients. With a strong market position, Hitachi Capital has achieved notable milestones, including the launch of its digital finance platform, which enhances customer experience and accessibility. The company is recognised for its commitment to sustainability and responsible lending, making it a trusted partner for businesses and consumers alike. Through its comprehensive range of services, Hitachi Capital continues to drive growth and support the financial aspirations of its customers.
DitchCarbon Score
How does Hitachi Capital'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.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Industry Benchmark
Hitachi Capital's score of 36 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hitachi Capital's reported carbon emissions
In 2024, Hitachi Capital, headquartered in Great Britain, reported total carbon emissions of approximately 606,400 kg CO2e. This figure includes 206,000 kg CO2e from Scope 1 emissions, 376,000 kg CO2e from Scope 2 emissions, and 25,000 kg CO2e from Scope 3 emissions. This represents an increase from 2023, when total emissions were about 544,500 kg CO2e, with Scope 1 at 167,000 kg CO2e, Scope 2 at 363,000 kg CO2e, and Scope 3 at 15,000 kg CO2e. Hitachi Capital has set ambitious climate commitments, aiming to reduce absolute emissions by 50% across Scopes 1 and 2 by 2025, using a fiscal year 2019 baseline. Additionally, they are committed to achieving net-zero emissions by no later than 2050, with these targets currently under validation by the Science Based Targets initiative (SBTi). The company also pledges to source 100% renewable electricity by the end of 2030. The emissions data for Hitachi Capital is cascaded from its parent company, Mitsubishi HC Capital Inc., reflecting a corporate family relationship. This alignment with broader corporate sustainability goals underscores Hitachi Capital's commitment to addressing climate change and reducing its carbon footprint in line with industry standards.
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| 2020 | 2023 | |
|---|---|---|
| Scope 1 | 1,191,000 | 000,000 |
| Scope 2 | 546,000 | 000,000 |
| Scope 3 | 2,981,000 | 000,000 |
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Hitachi Capital's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hitachi Capital has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Hitachi Capital's sustainability data and climate commitments