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Under the scenario which is to limit the global temperature increase to 1.5°C, Hitachi has established a target to achieve carbon neutrality throughout our value chain by fiscal 2050 and reduce CO2 emissions by 50% by fiscal 2030 (compared to fiscal 2010).
An extremely high share of the value-chain emissions of our products and services—from the procurement of raw materials and parts to production, transportation, use, disposal, and recycling—result from the use of our products and services after they were sold. For this reason, to reduce CO2 emissions across the value chain and achieve our long-term targets, it is crucial that we reduce CO2 emissions not just during production but also during the stage of use.
Hitachi is utilizing Lumada to expand its decarbonization business. Through collaborative creation, we will help the world mitigate and adapt to climate change by supplying solutions in the six business areas of IT, energy, industry, mobility, smart life, and automotive systems—the growth areas identified in the 2021 Mid-term Management Plan.
As part of our long-term environmental targets called Hitachi Environmental Innovation 2050, we have established and promoted the goal of realizing carbon neutrality by fiscal 2030 at all business sites (factories and offices) in 2020. We call this goal “Hitachi Carbon Neutrality 2030. ”
Under Hitachi Carbon Neutrality 2030, we aim to be carbon neutral by effectively reducing emissions by 100% by fiscal 2030 compared to fiscal 2010, instead of the original 50% reduction target.