Hitachi Energy AG
Hitachi Energy AG, formerly known as Hitachi ABB Power Grids, is a leading player in the energy sector, headquartered in Switzerland (CH). Established in 2020, the company emerged from a joint venture between Hitachi and ABB, combining decades of expertise in power and automation technologies. Operating globally, Hitachi Energy focuses on sustainable energy solutions, including grid integration, digitalisation, and energy management. Their core products and services, such as high-voltage equipment and advanced software solutions, are designed to enhance the efficiency and reliability of power systems. With a strong commitment to innovation, Hitachi Energy has positioned itself as a key contributor to the transition towards a low-carbon energy future, achieving significant milestones in renewable energy integration and smart grid technologies.
DitchCarbon Score
How does Hitachi Energy AG's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hitachi Energy AG's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hitachi Energy AG's reported carbon emissions
Hitachi Energy AG, headquartered in Switzerland, has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Hitachi Energy aims to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. In the near term, the company has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 80% by FY2030, using 2019 as the baseline year. Additionally, it plans to cut Scope 3 emissions—covering purchased goods and services, transportation, business travel, and product use—by 55% per megavolt-ampere (MVA) sold within the same timeframe. For the long term, Hitachi Energy targets a 90% reduction in absolute Scope 1 and 2 emissions by FY2050 and a 97% reduction in Scope 3 emissions per MVA sold. These targets include land-related emissions and removals from bioenergy feedstocks, aligning with the science-based targets necessary to limit global warming to 1.5°C. Overall, Hitachi Energy's climate strategy reflects a strong commitment to sustainability and significant reductions in greenhouse gas emissions, positioning the company as a leader in the construction and engineering sector's transition to a low-carbon future.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hitachi Energy AG is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
