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Hitachi Construction Machinery Co Ltd
Hitachi Construction Machinery's GHG Emissions Data Preview
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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified Sources Behind Hitachi Construction Machinery’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hitachi Construction Machinery's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHitachi Construction Machinery amounted to260,800metric 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 Machineryincreased by 4.39%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Hitachi Construction Machinery's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hitachi Construction Machinery's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hitachi Construction Machinery were 71,115 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hitachi Construction Machinery reduced its Scope 1 emissions over time?
Since 2019, Hitachi Construction Machinery's Scope 1 emissions have decreased by 29.59%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
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
What are Hitachi Construction Machinery's Scope 2 emissions?
In 2024, Hitachi Construction Machinery reported Scope 2 greenhouse gas (GHG) emissions of 160,991 tCOâ‚‚e using the market-based method and 189,685 tCOâ‚‚e using the location-based method.a
Has Hitachi Construction Machinery reduced its Scope 2 emissions over time?
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 energya
What methodology does Hitachi Construction Machinery use for Scope 2 reporting?
In 2024, Hitachi Construction Machinery reported its Scope 2 emissions using the market-based method and using the location-based method.a
Hitachi Construction Machinery's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hitachi Construction Machinery's Value Chain Emissions
In 2024, Hitachi Construction Machinery reported 14,699,715 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 14of 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 chaina
Hitachi Construction Machinery's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hitachi Construction Machinery's Scope 3 emissions?
In 2024, Hitachi Construction Machinery reported total Scope 3 emissions of 14,699,715 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Has Hitachi Construction Machinery reduced its Scope 3 emissions over time?
Since 2019, Hitachi Construction Machinery's Scope 3 emissionshave decreased by 18.81%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
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.ab
What categories of Scope 3 emissions does Hitachi Construction Machinery disclose?
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.
What are the main sources of Hitachi Construction Machinery's Scope 3 emissions?
In 2024, the largest contributors to Hitachi Construction Machinery's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 13,411,681 tCOâ‚‚e(91.24%)
- Purchased Goods and Services (Cat. 1): 1,035,445 tCOâ‚‚e(7.04%)
- Capital Goods (Cat. 2): 122,249 tCOâ‚‚e(0.83%)
Hitachi Construction Machinery's Scope 3 Emissions by Categories
Insights into Hitachi Construction Machinery’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hitachi Construction Machinery reported Scope 1 greenhouse gas (GHG) emissions of 71,115 tCOâ‚‚e and total revenues of USD 9,284 millions. This translates into an emissions intensity of 7.66 tCOâ‚‚e per millions USD.a
Hitachi Construction Machinery's Scope 1 Emissions Intensity Compared to Peers
How does Hitachi Construction Machinery's GHG emissions intensity compare to its peers?
In 2024, Hitachi Construction Machinery reported a Scope 1 emissions intensity of 7.66 tCOâ‚‚e per millions USD. Compared to the peer group median of 15.36, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Hitachi Construction Machinery rank on GHG emissions intensity within its industry?
In 2024, Hitachi Construction Machinery ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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
Insights into Hitachi Construction Machinery's Total Carbon Footprint
In 2024, Hitachi Construction Machinery reported a total carbon footprint of 14,960,515 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.ab
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