Hitachi Ltd

Stakeholder Engagement P019-020 [...] National Association of Manufacturers Hitachi Corporate Office in Washington DC - Lobbying and making policy proposals, as the largest association of manufacturers in the United States, to support the international competitiveness of member corporations [...] Japan Business Council in Europe (JBCE) Hitachi Europe Public Relations and Sustainability Division - Making policy proposals to contribute to the further development of EU-Japan relations and the EU economy as the body representing Japanese corporations in the EU [...] Participation in Government Councils/Business and Industry Associations Council/Group Participant Activities Panel discussion regarding Infrastructure System International Expansion Strategy 2025 (Cabinet Secretariat) Executive Chairman & CEO Toshiaki Higashihara attended as a private sector member Japan Business Federation (Keidanren) Executive Chairman & CEO Toshiaki Higashihara attended as the vice chair - Proposals regarding appropriate concrete measures to be taken based on the Japanese government's Infrastructure System International Expansion Strategy 2025 - Establishing sustainable capitalism that achieves SDGs through policy recommendations for realizing Society 5.0 under the theme of "Society 5.0 for SDGs.

Important items related to environmental initiatives in the Hitachi Group are deliberated by the Executive Sustainability Committee, chaired by the executive chairman and CEO of Hitachi, Ltd., and attended by top Hitachi executives. Members meet twice a year to discuss environment-related policies and measures, including those in response to climate change, water and other resources, and to share progress reports and achievements and set the course for further improvements and new initiatives. [...] In April 2021, Hitachi, Ltd. introduced evaluations that take environmental value into account in the executive compensation system with a view to accelerating the creation of environmental value. The targeted environmental value is based on dialogue between the president and each executive officer. [...] To develop ways to achieve our long-term environmental targets and reduce environmental compliance risks, the three-year Hitachi Group Environmental Action Plan is formulated in line with the Mid-term Management Plan by environmental promotion division heads from business units of Hitachi, Ltd., and major Group companies participating in Eco-Management Meetings. Targets (and measures to achieve them) in the Environmental Action Plan that affect not only our environmental strategy but also our business strategy—like those to reduce the CO2 emissions of our products and services—are determined jointly by the Eco-Management Meetings and Sustainability Promotion Meetings, attended by business promotion division heads. A progress report concerning important targets in the Environmental Action Plan is made to the Executive Sustainability Committee, and instructions from committee members are reflected in actual environmental activities. Group-wide efforts to advance environmental activities are undertaken outside Japan as well. Environmental officers are assigned to China, the rest of Asia, the Americas, and Europe to share information on the state of progress of our environmental activities and on the latest environmental regulations in each country and region. Respective Regional Environmental Meetings are also held once or twice a year.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Hitachi's environmental activities are based on its environmental vision and long-term environmental targets. Engagement activities also fall under this policy. We will also seek ways to address potential inconsistencies that are correctly realized in light of our environmental vision.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The written opinion submitted by Hitachi High-Tech to the business association is submitted after confirming the direction and consistency of Hitachi's long-term goals (Hitachi Environmental Innovation 2050, etc.).
In addition, through Sustainability Management Dept, Hitachi High-Tech's Sustainability Promotion Committee, Environmental Committee, etc. report on business-related matters as necessary. Hitachi reports important matters to the Sustainability Committee chaired by Hitachi's CEO, and Hitachi High-Tech participates in and exchanges opinions with Hitachi's Sustainability Committee. We are checking the consistency of the written Hitachi's opinions submitted to trade associations through the participation of Sustainability Committee with exchange of opinions.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Hitachi High-Tech's environmental activities are based on Hitachi's environmental vision and long-term environmental targets. Engagement activities also fall under this policy. We will also seek ways to address potential inconsistencies that are correctly realized in light of our environmental vision.