Sustainability Basic Policy
The Hitachi Construction Machinery Group’s Vision, "Ensure a prosperous land and society for the future. We contribute toward realizing a safe and sustainable society," represents our foundation of a harmonious coexistence with society.
Our construction machinery contributes to the development of society by helping to build social infrastructure, thereby enriching the lives of humanity. Mining machinery plays a vital role in providing the minerals that are necessary for our everyday lives and economy, that are also integral in creating reliable solutions for a sustainable future.
Furthermore, our newly defined Mission, "Meet expectations from customers, co-create innovative products, services, solutions and together, we continue to create new values," expresses our purpose today, in order to address the challenges of tomorrow.
To realize this vision, our employees around the world will work together under the Spirit of "Challenge, Customer, and Communication" – strengthening our value chain business, including parts and services, rental, used equipment and parts remanufacturing, in addition to our new product sales business. Together, we aim to improve our corporate value by developing and delivering innovative products, services and solutions that contribute to the success of customers around the world. At the same time, we aim to promote and embed sustainability in our business practices through the materiality listed below.
<Hitachi Construction Machinery Group's Materiality>
Product and technology development contributing to climate change mitigation and adaptation
In response to the impact of climate change on the global environment, we will work to reduce CO2 emissions in both product development and production processes, and strive to reduce the environmental impact of our entire value chain.
Conversion to recycling-oriented business model
We will work to shift to a business model that promotes the efficient and cyclical use of resources.
Creating innovative solutions for challenges faced by customers supporting social infrastructure
We will work together with our customers to address the various issues faced in the field, such as safety improvement, productivity improvement, and life-cycle cost reduction, while utilizing cutting-edge technologies.
Strengthen global governance
We will establish an organizational structure that respects human rights and fosters an environment that promotes equality and growth in which all of our employees can feel valued and play an active role, thereby enhancing corporate value over.
Sustainability Management Structure
Our Board of Directors oversees responses to sustainability-related issues that affect management decisions, such as policies, strategies, and company-wide goals related to sustainability, including climate change.
The Board of Directors conducts final deliberations on important matters that have been deliberated and approved by the Sustainability Promotion Committee, and then submitted, reported, and approved by the Executive Committee.
The Sustainability Promotion Committee, chaired by the COO and composed of executive officers and higher position members, deliberates and approves sustainability-related important matters such as focused measures and KPIs.
Our overall sustainability activities are shared at the Global Sustainability Promotion Managers Meeting, which is made up of members including the presidents of domestic and overseas group companies and the general managers of business divisions. We also share policies and measures and promote activities through the Global Sustainability Working Group, which is made up of sustainability managers of domestic and overseas group companies. In this way, we are promoting and strengthening our sustainability initiatives on a global basis.
Meeting Committee Structure | Chairman | Member | Frequency | Main Agenda |
Board of Directors | Chairman and Executive Officer, CEO | Directors | At least once a year | Deliberation and final approval of the Hitachi Construction Machinery Group’s sustainability promotion policy including climate change, priority measures and KPIs |
Executive Committee | Chairman and Executive Officer, CEO | Executive Officers | At least once a year | Further deliberation and approval of sustainability promotion policy including climate change, priority measures and KPIs which were discussed at the Sustainability Promotion Committee |
Sustainability Promotion Committee | President and COO | Executive Officers including CEO, COO, CSO, CFO, CHRO, CTO, CDIO, CRO and higher position members | Twice a year | Deliberation and approval of the Hitachi Construction Machinery Group’s sustainability promotion policy including climate change, priority measures and KPIs |
Global Sustainability Promotion Managers Meeting | General Manager, Sustainability Promotion Group | Presidents of overseas group companies | Twice a year | Sharing initiatives to promote sustainability in the Hitachi Construction Machinery Group, progress management of nonfinancial medium- term goals, priority measures and requesting for cooperation Sharing deliberations and decisions of the Sustainability Promotion Committee |
Global Sustainability Working Group | General Manager, Sustainability Promotion Group | Sustainability Managers of Japan and overseas group companies | Once a year | Sharing sustainability related policies and initiatives on Hitachi Construction Machinery Group global basis |