In 2024, Hitachi 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 has also provided a category-level breakdown for 13 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 | 390,000a | 400,000b | 459,000c | |
Total Scope 2 | ||||
Market-Based | 210,000a | 280,000b | 1,079,000c | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 205,820,000a | 213,700,000b | 267,670,000c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.0709a | 4.8966b | 5.4564c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hitachi amounted to 600,000 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 decreased by 11.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Hitachi were 390,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Hitachi's Scope 1 emissions have decreased by 73.81%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Hitachi's Scope 1 emissions decreased by 2.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Hitachi reported Scope 2 greenhouse gas (GHG) emissions of 210,000 tCO₂e using the market-based method.a
Since 2019, Hitachi's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 92.72%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Hitachi's Scope 2 emissions (Market-Based) fell by 25% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Hitachi reported its Scope 2 emissions using the market-based method.a
In 2024, Hitachi reported 205,820,000 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 includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 12 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Hitachi reported total Scope 3 emissions of 205,820,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 8.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.81% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Hitachi's Scope 3 emissions have increased by 93.97%, reflecting a rising long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2023), Hitachi's Scope 3 emissions remained relatively stable, indicating that Hitachi's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, Hitachi reported emissions for 13 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's Scope 3 emissions were:a
In 2024, Hitachi reported Scope 1 greenhouse gas (GHG) emissions of 390,000 tCO₂e and total revenues of USD 64,241 millions. This translates into an emissions intensity of 6.07 tCO₂e per millions USD.a
In 2024, Hitachi reported a Scope 1 emissions intensity of 6.07 tCO₂e per millions USD. Compared to the peer group median of 22.18, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Hitachi ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hitachi is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Hitachi reported a total carbon footprint of 206,420,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.71% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Hitachi's total carbon footprint was Scope 3 emissions, accounting for 99.71% of the company's total carbon footprint, followed by Scope 1 emissions at 0.19%.a