Jan 27, 2021 11:07 JST

Source: Hitachi, Ltd.

Hitachi Selected as a constituent of 'FTSE4Good Index Series' and 'FTSE Blossom Japan Index', World-leading ESG Indexes

TOKYO, Jan 27, 2021 - (JCN Newswire) - In recent years, ESG investments have been gaining momentum in the capital market, as companies evaluate and decide on investments from ESG perspectives. The "FTSE4Good Index Series" and the "FTSE Blossom Japan Index" are among the most important criteria used by investors worldwide for corporate ESG activities. The "FTSE Blossom Japan Index" has been adopted as a passive ESG investment management benchmark selected by the Government Pension Investment Fund (GPIF), the world's largest public pension fund.

Since its establishment, based on the corporate philosophy of "Contributing to society through the development of superior, original technology and products," Hitachi has demonstrated continued growth alongside the development of society. In the 2021 Mid-term Management Plan announced in May 2019, the company put forward goals for simultaneously increasing three types of value for society and the customers - Social value, Environmental value, and Economic value - as part of efforts to achieve a sustainable world. In this Mid-term Plan, milestones for achieving the long-term environmental goals laid out in "Hitachi Environmental Innovation 2050" are reflected in management strategies for business rollout. As a leader in environmental value in particular, Hitachi announced "Hitachi Carbon Neutrality 2030" to assist in building a decarbonized society, and is accelerating activities aimed at achieving carbon neutral in its own business site (factories and offices) by FY2030.

Hitachi will strive to develop and provide new solutions that apply digital technologies to take on a variety of challenges, including ESG, for customers and society. By improving Quality of Life and increasing value for customers, Hitachi will contribute to building a sustainable society.

About FTSE

The "FTSE4Good Index Series" and the "FTSE Blossom Japan Index" are semi-annually selected by FTSE Russell, a wholly owned subsidiary of the London Stock Exchange Group. These indexes are composed of stocks that meet a variety of criteria related to the environmental, society, and governance.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology (IT), operational technology (OT) and products. The company's consolidated revenues for fiscal year 2019 (ended March 31, 2020) totaled 8,767.2 billion yen ($80.4 billion), and it employed approximately 301,000 people worldwide. Hitachi drives digital innovation across five sectors - Mobility, Smart Life, Industry, Energy and IT - through Lumada, Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation. Its purpose is to deliver solutions that increase social, environmental and economic value for its customers. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

Source: Hitachi, Ltd.
Sectors: Cloud & Enterprise

Copyright ©2021 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release

Hitachi ABB Power Grids launches new transformers for floating offshore wind power
June 07 2021 08:02 JST
Hitachi ABB Power Grids announces Sustainability 2030
June 03 2021 19:13 JST
Hitachi Astemo EV motor and inverter adopted in Mazda's first mass-produced electric vehicle "MAZDA MX-30 EV MODEL"
June 01 2021 13:03 JST
Hitachi's new facility is being established in the United States in order to collaborate and create new solutions with customers
May 31 2021 15:51 JST
Suntory Beverage & Food and Hitachi Collaboratively Create IoT Platform to Realize Precision Traceability, and the Digital Transformation of Factory Management and Work Styles at the Suntory Kita-Alps Shinano-no-Mori Water Plant
May 31 2021 14:07 JST
Hitachi Selected as System Vendor for Demand Response Demonstration Project for the Optimization of Thai Power Supply and Demand Balance
May 28 2021 10:01 JST
Hitachi Astemo develops "Dynamics Planning", a high-precision vehicle trajectory planning technology that improves cabin comfort in autonomous driving
May 25 2021 16:13 JST
Hitachi ABB Power Grids enables Minnesota Power to deliver more clean and affordable hydropower to the U.S. Upper Midwest region
May 14 2021 14:24 JST
AD ECU and OTA Unit Adopted in New Model Legend Capable of Over-the-Air (OTA) Vehicle Control Software Updating
April 26 2021 10:35 JST
Local Production of Hitachi Automatic Analyzer 3500 to Commence in China
April 15 2021 15:42 JST
More Press release >>

Latest Press Release

More Latest Release >>