Hitachi Energy AG

Hitachi Energy AG's reported carbon emissions

In 2024, Hitachi Energy AG reported total greenhouse gas emissions of approximately 158.3 billion kg CO2e, comprising 85.4 million kg CO2e from Scope 1, about 6.4 million kg CO2e from Scope 2 (market-based), and approximately 158.3 billion kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by FY2050. To achieve this, Hitachi Energy has established near-term targets to reduce absolute Scope 1 and 2 emissions by 80% by FY2030 from a 2019 baseline. Additionally, it aims to cut Scope 3 emissions from purchased goods and services, transportation, business travel, and product use by 55% per MVA sold within the same timeframe. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions by FY2050, also based on the 2019 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Hitachi Energy's commitment to sustainable practices as a current subsidiary of Hitachi Energy AG. The company is actively working towards these goals to contribute to global climate action and mitigate the impacts of climate change.