Dialogue with Stakeholders
Comprehending Management Issues through Dialogues with Stakeholders
In promoting the Social Innovation Business, Hitachi accurately detects a variety of social issues in each country and region, addressing these issues through co-creation with customers, governments, academic organizations, research institutions and a wide range of other stakeholders.
In response to the recent rise of ESG investing, Hitachi is proactively engaged in dialogue with shareholders and investors on both financial and non-financial information, while also focusing efforts on co-creation to improve disclosure of non-financial information. Going forward, Hitachi will continue to proactively promote dialogues with stakeholders, incorporating the takeaways into operations to realize sustainable management.
Stakeholders | Main Roles | Means of Engagement (FY2023) |
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Customers | Creation of better products and services, response to complaints, appropriate disclosure of information on products and services |
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Shareholders and investors | Timely and proper information disclosure, obtaining fair recognition and support from capital markets, reflection of shareholder and investor viewpoints in corporate management |
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Procurement Partners | Building fair and sound business relations, smooth information sharing toward better partnerships |
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Employees | Proper treatment, promotion of occupational health and safety of human capital, increasing employee engagement |
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National Governments, Municipalities, Industrial Associations | Compliance with domestic and foreign laws and regulations, policy recommendations, participation in industry-government-academia collaborative projects |
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Local Communities | Fulfillment of responsibilities as a corporate citizen, involvement in local communities |
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Academic Associations and Research Institutions | Promotion of technological innovations, participation in industry-government-academia collaborative projects |
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NGOs and NPOs | Incorporation of diverse public opinions, promotion of stakeholder-focused management, social contributions through nonprofit activities |
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The Environment | Decarbonization, Circular Economy, Nature Positive |
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Note: Hitachi normally refers to its suppliers (including vendors or providers) as “procurement partners” who build business together on an equal footing