In 2024, Hitachi Energy India 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 Energy India has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,285a | 3,725a | 31,338b | |
Total Scope 2 | ||||
Market-Based | 0a | 0a | N/A | |
Location-Based | N/A | N/A | N/A | |
Unspecified Calculation Method | N/A | N/A | 23,763b | |
Total Scope 3 | 1,089,372a | 998,961a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.3757a | 7.0556a | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hitachi Energy India amounted to 3,285 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 Energy India decreased by 11.81%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Hitachi Energy India were 3,285 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Hitachi Energy India's Scope 1 emissions have decreased by 89.52%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Hitachi Energy India's Scope 1 emissions decreased by 11.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Hitachi Energy India reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method.a
In 2024, Hitachi Energy India reported its Scope 2 emissions using the market-based method.a
In 2024, Hitachi Energy India reported 1,089,372 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 Energy India includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Hitachi Energy India reported total Scope 3 emissions of 1,089,372 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Hitachi Energy India's Scope 3 emissions remained relatively stable, indicating that Hitachi Energy India's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Hitachi Energy India reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Hitachi Energy India's Scope 3 emissions were:a
In 2024, Hitachi Energy India reported Scope 1 greenhouse gas (GHG) emissions of 3,285 tCO₂e and total revenues of USD 611 millions. This translates into an emissions intensity of 5.38 tCO₂e per millions USD.a
In 2024, Hitachi Energy India reported a Scope 1 emissions intensity of 5.38 tCO₂e per millions USD. Compared to the peer group median of 3.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Hitachi Energy India ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hitachi Energy India is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Hitachi Energy India reported a total carbon footprint of 1,092,657 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.97% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hitachi Energy India's total carbon footprint was Scope 3 emissions, accounting for 99.7% of the company's total carbon footprint, followed by Scope 1 emissions at 0.3%.a