Hitachi Construction Machinery

Hitachi Construction Machinery, a Japanese construction work company, reported total emissions of approximately 14.9 billion kg CO2e in 2024. This figure includes Scope 1 emissions of approximately 71.1 million kg CO2e, Scope 2 market-based emissions of approximately 160.99 million kg CO2e, and Scope 3 emissions of approximately 14.7 billion kg CO2e. For 2023, the company reported total emissions of approximately 16.8 billion kg CO2e, with Scope 1 at about 91.88 million kg CO2e, Scope 2 market-based at about 150.64 million kg CO2e, and Scope 3 at approximately 16.58 billion kg CO2e.

Hitachi Construction Machinery has set several ambitious climate commitments. The company aims for carbon neutrality throughout its entire value chain by 2050. As part of its near-term targets, verified by the Science Based Targets initiative (SBTi), Hitachi Construction Machinery commits to reducing absolute Scope 1 and 2 GHG emissions by 51% by fiscal year 2030 from a fiscal year 2018 base year. The company also commits to reducing absolute Scope 3 GHG emissions by 30% within the same timeframe, which is consistent with reductions required to keep warming to 1.5°C. Earlier targets, set in 2019, committed to a 45% reduction in absolute Scope 1 and 2 GHG emissions and a 33% reduction in absolute Scope 3 GHG emissions (from use of sold products) by 2030, from a 2010 base year, consistent with a 2°C warming scenario.

For its production processes, Hitachi Construction Machinery targets a 45% reduction in CO2 emissions by fiscal year 2030 and aims for net-zero by 2050, both against a fiscal year 2010 baseline. In product development, the company is working towards a 33% reduction in CO2 emissions by fiscal year 2030 from a fiscal year 2010 level. The company is actively promoting the development of electrified construction equipment and exploring hydrogen-fuelled products.