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OrganisationsHitachi Energy
Hitachi Energy logo

Hitachi Energy

Electricity from Other SourcesSwitzerlandNSE: POWERINDIA.NS
Last verified 9 months agohitachienergy.com

Hitachi Energy, formerly known as ABB Power Grids, is a leading global player in the energy sector, headquartered in Switzerland (CH). Established in 2020, the company emerged from a rich legacy of innovation, focusing on sustainable energy solutions and digital technologies. With a strong presence in Europe, North America, and Asia, Hitachi Energy operates at the forefront of the power and automation industry.

The company specialises in a diverse range of products and services, including grid automation, energy storage, and electrification solutions. What sets Hitachi Energy apart is its commitment to advancing the energy transition through cutting-edge technology and sustainable practices. Recognised for its market leadership, Hitachi Energy continues to achieve significant milestones, contributing to a more resilient and efficient energy future.

17
DitchCarbon score

+2 vs industry average

Hitachi Energy’s score of 17 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Electricity from Other Sources is among the most carbon-intensive industries

Industry performance

0.532
20192025

The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019

Emissions trajectory 2020 – 2026

000.0B000.0B000.0B00.0B0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hitachi Energy's reported carbon emissions

In 2023, Hitachi Energy reported total carbon emissions of approximately 169.5 billion kg CO2e, comprising 81.6 million kg CO2e from Scope 1, about 10.0 million kg CO2e from Scope 2 (market-based), and approximately 169.5 billion kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by at least 80% by 2030 from 2019 levels. Additionally, Hitachi Energy targets a 50% reduction in Scope 3 emissions by 2030, also from 2019 levels. Furthermore, they plan to decrease Scope 3 emissions intensity by 55% by 2030 and 97% by 2050, compared to the same base year. These initiatives reflect Hitachi Energy's commitment to sustainability and reducing its overall carbon footprint, aligning with industry standards for climate action.

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Hitachi Energy’s Climate Goals (2030 & 2050)

6 goals

2030

80% reduction in Scope 1

Reduce Scope 1 and 2 emissions by at least 80 percent by 2030 from 2019 levels

At risk80%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hitachi Energy logoHitachi Energy
CHElectricity from Other Sources
9 months ago
17
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
4 days ago
100
View
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
3 days ago
100
View
D
Dresser-Rand Group Inc.
US-
25 days ago
92
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
4 days ago
92
View
Xylem logoXylem
USWater Distribution
7 days ago
80
View
Eaton logoEaton
IEElectrical Machinery Manufacturing
9 hours ago
78
View

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

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Ditchcarbonv260319.2
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