Hitachi High-Tech Achieves CDP's Highest Score of "A List" in Climate Change and Water Security

Tokyo, February 14, 2025 – Hitachi High-Tech Corporation ("Hitachi High-Tech") has been selected for the 2024 "A List" by CDP*1 (headquartered in the UK), a non-governmental organization that conducts environmental research and information disclosure globally. In 2010, we registered with CDP and have continued our efforts to achieve a decarbonized society in harmony with nature. This is the first time Hitachi High-Tech has been selected as an "A List" in both Climate Change and Water Security at the same time.

Along with over 24,800 companies assessed in FY2024, Hitachi High-Tech was evaluated for its efforts to reduce greenhouse gas emissions across the entire value chain for the category of Climate Change. In Water Security, it was evaluated on its analysis and initiatives related to its business and the natural environment, as well as the transparency of its information disclosure based on recommendations*2 published by the Taskforce on Nature-related Financial Disclosure ("TNFD")*3. In both Climate Change and Water Security, Hitachi High-Tech was selected as an "A List", the highest rating.

Hitachi High-Tech Group will continue to create environmental value in the entire value chain by promoting carbon neutral initiatives and by reducing the environmental impact of manufacturing and strengthening environmental management, with the aim of contributing to a sustainable global environment.

*1

CDP: CDP is a global non-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The organization analyzes and evaluates the environmental initiatives and information disclosure of the world's major companies in the three themes of climate change; water security; and forests - and selects the best companies as "A List" companies each year.

*2

Executive summary of the recommendations of the TNFD

*3

Taskforce on Nature-related Financial Disclosures (TNFD): It refers to the so-named organization and to the framework that it provides for companies and organizations to disclose information and take action on how changes in the natural environment and biodiversity affect their business performance. Disclosure using the framework is intended to help shift global financial flows from nature-negative to nature-positive outcomes. Going forward, more attention is expected to be paid toward TNFD for the conservation of natural capital (geological features, soil, air, water, all living organisms, etc.), and building a sustainable society.

Hitachi High-Tech Group's Environment Initiatives

As a member of the Hitachi Group, Hitachi High-Tech Group is pushing forward with efforts to fulfill an environmental vision and long-term environmental targets, "Hitachi Environmental Innovation 2050*4".

In order to achieve carbon neutrality throughout the entire value chain by FY2050, Hitachi High-Tech Group is pushing forward with efforts to achieve carbon neutral status in our factories and offices by FY2027. Through these efforts, Hitachi High-Tech has achieved carbon neutrality in seven facilities.

Also, we aim to realize a resource efficient society by improving water use efficiency by 50% or more compared to the base year by FY2050 through the use of circular water and investment in water-saving facilities. Hitachi High-Tech Group is working to utilize water effectively by reducing the volume of water used through initiatives including productivity improvements and upgrading to water-conserving equipment. As a result, we pursued our activities in FY2023 with a target for water use efficiency 48.9% compared to the base year FY2010 and achieved 67.9%.

At manufacturing process, we have introduced environmentally conscious design (eco-design), visualized, and improved the environmental impact, including volume of water consumption, throughout the product life cycle, and aim to provide products with reduced environmental impact. In addition, Hitachi High-Tech Group aims to realize a resource efficient society through initiatives throughout the value chain, and ask our suppliers to cooperate with us in reducing volume of water consumption and preserving water quality based on the Hitachi Group Sustainable Procurement Guidelines. We will continue to work with our suppliers to conduct corporate activities that are responsible for the global environment.

Details of these initiatives are available on our website based on recommendations from the Task Force on Climate-related Financial Disclosure (TCFD)*5 and TNFD.

*4

Hitachi Environmental Innovation 2050: Long-term goals established to aim toward building a "decarbonized society," a "resource efficient society" and a "harmonized society with nature" by 2050, set out under the vision that "Hitachi will resolve environmental issues and achieve both a higher quality of life and a sustainable society through its Social Innovation Business in collaborative creation with its stakeholders," which Hitachi instituted as its Environmental Vision.

*5

Task Force on Climate-related Financial Disclosures (TCFD): TCFD is a task force established by the Financial Stability Board (FSB), whose members come from the central banks and financial authorities of major countries. To reduce instability risks in financial markets, TCFD recommends that corporations disclose information about the financial impacts of climate change from both risk and opportunity perspectives, specific responses, strategies, and other relevant matters.

Related Links

Hitachi High-Tech's Materiality 1: Contributing to a Sustainable Global Environment

Hitachi High-Tech Group has identified five themes of Materiality based on Sustainable Development Goals (SDGs), which are priority issues for resolving social issues. One of our identified Materiality is "Contributing to the Sustainable Global Environment," involving initiatives for realizing a recycling oriented society such as the effective use of water resources.

About Hitachi High-Tech

Hitachi High-Tech, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including manufacture and sales of clinical analyzers, biotechnology products, radiation therapy systems, semiconductor manufacturing equipment, analytical instruments, and analysis equipment. Also, we provide high value-added solutions in industrial fields such as mobility, connected, environment and energy, etc. Through business based on our core Observation, Measurement and Analysis technologies, we will contribute to the realization of a sustainable society by solving social issues.
The company's consolidated revenues for FY2023 were approx. JPY 670.4 billion. For further information, visit https://www.hitachi-hightech.com/global/en/

Contact:

Akihiro Katakura
Sustainability Management Dept., CSR Div.,
Hitachi High-Tech Corporation
Tel: +81-80-2566-8794