Hitachi Selected as a Constituent of FTSE4Good Index Series and FTSE Blossom Japan Index, ESG Investment Indices
September 01, 2022 at 07:25 am EDT
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Hitachi, Ltd. (TSE: 6501, 'Hitachi') continued to be selected as a constituent of the FTSE4Good Index Series and the FTSE Blossom Japan Index, an ESG Index*1.
Hitachi Selected as a constituent of 'FTSE4Good Index Series' and 'FTSE Blossom Japan Index', World-leading ESG Indexes
The FTSE4Good Index Series and the FTSE Blossom Japan Index are significant benchmarks used by investors worldwide for assessing corporate ESG practices. The FTSE Blossom Japan Sector Relative Index has been adopted by the Government Pension Investment Fund (GPIF) as a benchmark for ESG passive funds. Hitachi has also been selected to be a constituent of the MSCI Japan ESG Select Leaders Index, the S&P/JPX Carbon Efficient Index and the FTSE Blossom Japan Sector Relative Index, which are other ESG indices adopted by the GPIF*2.
*2
Information dated March 3, 2022 : Hitachi included in leading ESG investment index Selected for the first time to be a constituent of the MSCI Japan ESG Select Leaders Index, News release dated April 11, 2022 : Hitachi Selected as a constituent of FTSE Blossom Japan Sector Relative Index, an ESG Index
Hitachi has been working specifically to achieve the carbon neutrality of its business sites (factories and offices) by FY2030 and its entire value chain by FY2050 under Hitachi Environmental Innovation 2050, its long-term environmental targets.
Hitachi will solve various issues faced by our customers and society and contribute to the realization of a sustainable society where people live happily in prosperity through the Social Innovation Business leveraging data and technology.
Hitachi specializes in manufacturing and marketing of electronic and industrial equipments. Net sales (including intragroup) break down by family of products and services as follows:
- social infrastructure and industrial systems (24.7%): elevators, escalators, industrial facilities, railway systems, power generation units, etc. The group also provides engineering and construction of nuclear, hydroelectric, and thermal power plants services;
- information and telecommunications products and services (20.1%): systems integration, cloud computing, software, servers, hard disks, PCs, ATMs, data communication base stations, payment terminals, etc.;
- materials and components (16.6%): semi-conductor materials, printed circuit cards, cables, copper and forged steel products, magnetic materials, organic and inorganic chemical products, etc.;
- construction equipment (10%) : hydraulic excavators, wheel loaders, mining equipment, etc.;
- automotive systems (9.4%): powertrain systems, control systems, etc.;
- electronic products (9.2%): fiber-optic components, screen tubes, testing and measurement equipment, medical equipment, equipment for manufacturing semiconductors, etc.;
- household appliances (4.7%): heating and air conditioning equipments, refrigerators, washing machines, etc.;
- other (5.3%): mainly transport, financial and logistical services.
Net sales are distributed geographically as follows: Japan (49.2%), Asia (21.3%), North America (12.7%), Europe (10.8%) and other (6%).
HITACHI, LTD. 
