Hitachi Construction Machinery

Hitachi Construction Machinery, headquartered in Japan and operating in the Construction work (45) industry, reported total emissions of approximately 14.93 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 71.115 million kg CO2e, Scope 2 market-based emissions of 160.991 million kg CO2e, and Scope 3 emissions of 14.699 billion kg CO2e.

Looking back, the company's total emissions in 2023 were approximately 16.82 billion kg CO2e, with Scope 1 at 91.884 million kg CO2e, Scope 2 market-based at 150.638 million kg CO2e, and Scope 3 at 16.579 billion kg CO2e. In 2022, total emissions stood at about 15.17 billion kg CO2e, comprising Scope 1 at 92.806 million kg CO2e, Scope 2 market-based at 176.486 million kg CO2e, and Scope 3 at 14.906 billion kg CO2e.

Hitachi Construction Machinery is committed to achieving carbon neutrality across its entire value chain by 2050. The company has set several Science Based Targets initiative (SBTi) aligned goals. For near-term targets, Hitachi Construction Machinery Co., Ltd. aims to reduce absolute Scope 1 and 2 GHG emissions by 51.0% by fiscal year 2030 from a fiscal year 2018 base year. Concurrently, it commits to reducing absolute Scope 3 GHG emissions by 30.0% within the same timeframe. Earlier commitments from 2019, also validated by SBTi, included a 45% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2010 base year, and a 33% reduction in absolute Scope 3 GHG emissions from the use of sold products by 2030 from a 2010 base year.

The company's climate strategy involves specific targets for both product development and production processes. For product development, the goal is to reduce CO2 emissions by 22% by fiscal year 2025 and 33% by fiscal year 2030, both from a fiscal year 2010 level. For production processes, targets include a 40% reduction by fiscal year 2025 and a 45% reduction by fiscal year 2030, also from a fiscal year 2010 level, with the ultimate aim of net zero by 2050. Initiatives include energy conservation, conversion to renewable energy, electrification, and fuel conversion. Hitachi Construction Machinery also participates in Japan's "GX League" to further its carbon neutrality efforts.