Hitachi, Ltd. announced that as of February 2023, Hitachi received an MSCI ESG Rating of AA.
MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.
sustainability initiatives
In this assessment, Hitachi has been highly evaluated for its sustainability initiatives, such as the promotion of compliance training and disclosure of R&D investments to create green value.
Hitachi has been selected to be a constituent of the FTSE Blossom Japan Index, the FTSE Blossom Japan Sector Relative Index, the MSCI Japan ESG Select Leaders Index, and the S&P/JPX Carbon Efficient Index, which are other ESG indices adopted by the GPIF.
Working towards carbon neutrality
Hitachi has been recognized with a double “A-List” on Climate Change and Water Security
Also, Hitachi has been recognized with a double “A-List” on Climate Change and Water Security for the second consecutive year.
Hitachi has been promoting sustainable management and working specifically to achieve the carbon neutrality of its business sites (factories and offices) by FY2030 and its entire value chain by FY2050 under Hitachi Environmental Innovation 2050, its long-term environmental targets.
Compensation evaluation system
Also, Hitachi has set a target of increasing the ratio of female and non-Japanese executive and corporate officers (the executive position next to executive officer) to 30% by FY2030. In addition, Hitachi introduced an evaluation system that considers environmental value in short-term incentive compensation for executive officers.
Hitachi will solve various challenges faced by our customers and society and contribute to the realization of a sustainable society where people live happily in prosperity through the Social Innovation Business leveraging data and technology.
MSCI ESG research
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