Hitachi Energy
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.
+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
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
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 goals2030
80% reduction in Scope 1
Reduce Scope 1 and 2 emissions by at least 80 percent by 2030 from 2019 levels
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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