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
The Hitachi Construction Machinery Group has established “CSR Goal” and “CSR Activity Guidelines”, in addition to “CSR Agendas” which are based on the ISO 26000 global standard for corporate social responsibility; as of FY2015 we have begun work on those initiatives, and we continue to promote CSR activities by incorporating the PDCA (Plan-Do-Check-Act) cycle into daily works.
In April 2019, former Environment Policy Division and the former CSR Promotion Department were integrated to form the Sustainability Promotion Group (currently directed by CSO: Chief Strategy Officer), an organization under the direct control of the company president. The Sustainability Promotion Group comprehensively manages and promotes sustainability-related initiatives for the entire Group as well as discloses information as appropriate.
The Sustainability Promotion Committee, chaired by the COO and composed of executive officers and higher position members, meets twice a year to discuss and approve ESG-related issues. Furthermore, ESG issues related to management decisions including climate change response are reported to the Executive Committee and the Board of Directors (approximately twice a year). By doing this, we are promoting integration of ESG issues and business strategies, and establishing appropriate monitoring and oversight governance structure.
As part of our global structure, we share our policies and direction on sustainability promotion with representatives of overseas Group companies at the Global Sustainability Meeting and exchange opinions with them. In addition, the Global Sustainability Working Group shares measures in each country and region based on the determined direction, and promotes and strengthens sustainability initiatives on a global basis.
Meeting Committee Structure | Chairman | Member | Main Agenda |
Board of Directors | Chairman and Executive Officer, CEO | Directors | 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 | 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, CPO, CMO, President of Main Group Companies | Deliberation and approval of the Hitachi Construction Machinery Group’s sustainability promotion policy including climate change, priority measures and KPIs |
Environment Promotion Managers Meeting | General Manager, Sustainability Promotion Group | President of domestic and overseas group companies, General Manager of Business Group | Deliberation and approval of the Hitachi Construction Machinery Group’s environmental policy in accordance with the Action Guidelines for Environmental Preservation, management of KPI progress toward maintaining and improving environmental preservation activities, sharing of priority measures and requests for cooperation |
CSR Promotion Managers Meeting | General Manager, Sustainability Promotion Group | General Managers of Corporate Group, General Managers of Business Group | Initiatives to promote sustainability in the Hitachi Construction Machinery Group, progress management of nonfinancial medium- term goals, sharing of priority measures and requests for cooperation |
Global Sustainability Meeting | General Manager, Sustainability Promotion Group | Presidents of overseas group companies | Sharing deliberations and decisions of the Sustainability Promotion Committee, Environment Promotion Managers Meeting and CSR Promotion Managers Meeting |
Global Sustainability Working Group | General Manager, Sustainability Promotion Group | Sustainability Managers of overseas group companies | Sharing sustainability related policies and initiatives on Hitachi Construction Machinery Group global basis |