In 2024, Hitachi Construction Machinery completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Hitachi Construction Machinery has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hitachi Construction Machinery amounted to 260,800 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hitachi Construction Machinery increased by 4.39%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Hitachi Construction Machinery were 71,115 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Hitachi Construction Machinery's Scope 1 emissions have decreased by 35.35%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Hitachi Construction Machinery's Scope 1 emissions decreased by 22.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Hitachi Construction Machinery reported Scope 2 greenhouse gas (GHG) emissions of 160,991 tCO₂e using the market-based method and 189,685 tCO₂e using the location-based method. a
Compared to the previous year (2023), Hitachi Construction Machinery's Scope 2 emissions (Location-Based) rose by 20.09% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2024, Hitachi Construction Machinery reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Hitachi Construction Machinery reported 14,699,715 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Hitachi Construction Machinery includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, up from 9 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, Hitachi Construction Machinery reported total Scope 3 emissions of 14,699,715 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 8.49% of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.51% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, Hitachi Construction Machinery's Scope 3 emissions have decreased by 22.29%, reflecting a declining long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), Hitachi Construction Machinery's Scope 3 emissions decreased by 11.34%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
In 2024, Hitachi Construction Machinery reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Hitachi Construction Machinery's Scope 3 emissions were: a
In 2024, Hitachi Construction Machinery reported Scope 1 greenhouse gas (GHG) emissions of 71,115 tCO₂e and total revenues of USD 9,284 millions. This translates into an emissions intensity of 7.66 tCO₂e per millions USD. a
In 2024, Hitachi Construction Machinery reported a Scope 1 emissions intensity of 7.66 tCO₂e per millions USD. Compared to the peer group median of 13.81 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Hitachi Construction Machinery ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Hitachi Construction Machinery is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Hitachi Construction Machinery reported a total carbon footprint of 14,960,515 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.1% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Hitachi Construction Machinery's total carbon footprint was Scope 3 emissions, accounting for 98.26% of the company's total carbon footprint, followed by Scope 2 emissions at 1.27%. a