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Hitachi Ltd

ISIN: JP378860CL34 | Japan | Asia-Pacific
Score 2 - Moderate
Full assessment

Hitachi Ltd demonstrates a moderate governance structure for integrating its engagement activities with its climate change strategy, primarily through policy alignment and committee oversight but without a comprehensive process covering direct lobbying or detailed monitoring. The company states that "Hitachi's environmental activities are based on its environmental vision and long-term environmental targets" and confirms "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement," which establishes a policy framework for all engagement. In particular, indirect lobbying via trade associations is managed by ensuring that "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.)," and by having Hitachi High-Tech "report 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," which "checks the consistency of the written Hitachi's opinions submitted to trade associations through the participation of Sustainability Committee with exchange of opinions." These procedures and the oversight of the Executive Sustainability Committee, "chaired by the executive chairman and CEO of Hitachi, Ltd., and attended by top Hitachi executives," indicate that indirect lobbying is aligned with climate objectives. However, the company does not disclose a dedicated process or audit for reviewing direct lobbying efforts, and we found no evidence of a published report or formal monitoring mechanism specifically assessing its climate-related lobbying activities.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Asia-Pacific or all companies in Japan.