Hitachi Zosen Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2014, 2009-04 to 2010-03

In its 2022 reporting, Hitachi Zosen Corporation disclosed greenhouse gas emissions of 224.5 kt-CO2e/year (Scope 1 & 2). By scope: Scope 1: 208.6 kt-CO2e/year; Scope 2: 15.9 kt-CO2e/year; Scope 3: 7.2 kt-CO2e/year (reference value). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
224.5 kt-CO2e/year (Scope 1 & 2)
2022
💧
Water Usage
1.4M m3/year
2022
♻️
Waste
10.6K tons/year
2022
⚙️
Energy Use
4.6K TJ/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).208.6 kt-CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.15.9 kt-CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).7.2 kt-CO2e/year (reference value)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022224.5 kt-CO2e/year (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 1 and 2 GHG emissions by 34% from fiscal 2013 levels by fiscal 2025.
  • Increase overseas sales ratio to 40% by fiscal 2025.
  • Achieve 50% of net sales from O&M services by fiscal 2025.
  • Make new EPC projects profitable by fiscal 2025.
  • Females in new graduate hires: 50% for administrative jobs and 10% for technical jobs by fiscal 2025.

📅 Medium-term

  • Reduce Scope 1, 2, and 3 emissions by 50% in fiscal 2030 compared to fiscal 2013.
  • Increase overseas business ratio to 50% of net sales and operating income by fiscal 2030.
  • Achieve an operating income margin of 10% by fiscal 2030.
  • Achieve net sales of ¥1 trillion as early as possible in the 2030s.

🔭 Long-term

  • Realize zero environmental impact by fiscal 2050.
  • Maximize people’s well-being by fiscal 2050.
  • Achieve carbon neutrality across the Group by fiscal 2050.

🌱 ESG Focus Areas

Carbon neutralityResource circulationSafe & prosperous community developmentSustainable procurementMaximization of people’s well-beingEnhancement of corporate governanceMaximization of the environment’s recovery powerResponse to intensifying natural disasters

⚠️ Challenges & Risks +

  • Improving operating income margin.
  • Responding to technical problems and reducing defect rate.
  • Dealing with global supply chain disruptions.
  • Geopolitical risks.
  • Securing talent.
  • Responding to globalization.
  • Diversification of work style values.

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards, TCFD