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Hitachi Energy
Electricity from Other SourcesSwitzerlandNSE: POWERINDIA.NS
Last verified 2 days agohitachienergy.com
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.
17
DitchCarbon score
+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.
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Industry Intensity
Very High
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
3.039
20182025
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2026
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
Hitachi Energy, headquartered in CH and operating in the electricity nec industry, is committed to significant emissions reductions.
For the year 2023, Hitachi Energy reported a total of approximately 189.6 billion kg CO2e. This comprised approximately 81.6 million kg CO2e of Scope 1 emissions, and approximately 169.5 billion kg CO2e of Scope 3 emissions. Scope 2 emissions were reported as approximately 10.0 million kg CO2e using market-based accounting and approximately 181.6 million kg CO2e using location-based accounting.
In 2022, the company's total emissions were approximately 260.1 billion kg CO2e. This included approximately 83.8 million kg CO2e of Scope 1 emissions, approximately 175.9 billion kg CO2e of Scope 3 emissions, and approximately 11.7 million kg CO2e of Scope 2 emissions (market-based) or approximately 170.1 million kg CO2e (location-based).
Hitachi Energy has set ambitious climate targets. These include reducing Scope 1 and 2 emissions by at least 80 percent by 2030, with 2019 as the base year. Furthermore, the company aims to reduce its Scope 3 emissions intensity by 55 percent by 2030 and by 97 percent by 2050, also compared to 2019 levels. A separate target also indicates a reduction in Scope 3 emissions by 50 percent by 2030 from 2019 levels.
For 2021, Scope 1 emissions were approximately 144.9 million kg CO2e, and Scope 2 emissions were approximately 48.0 million kg CO2e (market-based) or approximately 186.5 million kg CO2e (location-based). Scope 3 data was not disclosed for this year.
In 2020, Scope 1 emissions were approximately 186.4 million kg CO2e, and Scope 2 emissions were approximately 177.9 million kg CO2e (market-based) or approximately 189.0 million kg CO2e (location-based). Scope 3 data was not disclosed for this year.
In 2019, total emissions were approximately 361.1 billion kg CO2e, including approximately 171.6 million kg CO2e of Scope 1 emissions, approximately 166.0 billion kg CO2e of Scope 3 emissions, and approximately 189.5 million kg CO2e of Scope 2 emissions (market-based) or approximately 193.0 million kg CO2e (location-based).
It is important to note that for 2024, no disclosed emissions data was available.
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Hitachi Energy’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
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