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Hitachi Energy, formerly known as Hitachi ABB Power Grids, is a leading global provider in the electricity sector, with its headquarters based in Switzerland. The company operates across major regions including Europe, Asia, and the Americas, delivering innovative solutions for power transmission and distribution. Founded in 2020 through a strategic merger, Hitachi Energy combines decades of expertise in electrical engineering and grid automation.
Specialising in high-voltage equipment, grid integration, and digital energy solutions, Hitachi Energy is recognised for its advanced technologies that enhance grid reliability and efficiency. Its core products include transformers, switchgear, and software platforms designed to optimise energy management. As a key player in the electricity industry, Hitachi Energy continues to set standards in sustainable power infrastructure and smart grid development.
+1 vs industry average
Hitachi Energy’s score of 17 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Hitachi Energy, headquartered in Switzerland (CH) and operating in the Electricity nec industry, reported Scope 1 emissions of approximately 81,628,200 kg CO2e, Scope 2 market-based emissions of about 10,010,380 kg CO2e, and Scope 3 emissions of approximately 169,481,539,000 kg CO2e for 2023.
The company has set ambitious climate commitments. It aims to reduce its Scope 1 and 2 emissions by at least 80% by 2030 from a 2019 baseline. Furthermore, Hitachi Energy is targeting a 50% absolute reduction in Scope 3 emissions by 2030, also from 2019 levels. In terms of intensity targets, the company aims to reduce its Scope 3 emissions intensity by 55% by 2030 and a significant 97% by 2050, both against a 2019 base year.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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