Page 119 - Hitachi IR 2025

STATEMENT OF INDEPENDENCE AND COMPETENCE
The SGS Group of companies is the world leader in inspection, testing and assurance, operating in more than 140
countries and providing services including management systems and service certification; quality, environmental,
social and ethical auditing and training; environmental, social and sustainability report assurance. SGS affirm our
independence from Hitachi Energy India Limited, being free from bias and conflicts of interest with the organization,
its subsidiaries and stakeholders.
The assurance team was assembled based on their knowledge, experience and qualifications for this assignment, and
comprised auditors registered with ISO 26000, ISO 20121, ISO 50001, SA8000, RBA, QMS, EMS, SMS, GPMS,
CFP, WFP, GHG Verification and GHG Validation Lead Auditors and experience on the SRA Assurance.
SCOPE OF ASSURANCE
The assurance process involved assessing the quality, accuracy, and reliability of BRSR Indicators (KPIs) within the
report for the period April 1, 2024, to March 31, 2025. The reporting scope and boundaries include 8 manufacturing
Plants and 4 offices spread across different states in India
ASSURANCE METHODOLOGY
The assurance comprised a combination of desktop review, interaction with the key personnel engaged in the
process of developing the report, on-site visits, and remote verification of data. Specifically, SGS India undertook
the following activities:
•
Assessment of the suitability of the applicable criteria in terms of its comprehensiveness, reliability, and accuracy.
• Interaction with key personnel responsible for collecting, consolidating, and calculating the BRSR core KPIs and
assessing the internal control mechanisms in place to ensure data quality.
• Application of analytical procedures and verification of documents on a sample basis for the compilation and
reporting of the KPIs.
•
Assessing the aggregation process of data at the Head Office level.
• Critical review of the report regarding the plausibility and consistency of qualitative and quantitative information
related to the KPIS.
LIMITATIONS
The assurance scope excludes:
•
Disclosures other than those mentioned in the assurance scope.
•
Data review outside the operational sites as mentioned in the reporting boundary.
•
Validation of any data and information other than those presented in “Findings and Conclusion.”
• The assurance engagement considers an uncertainty of ±5% based on the materiality threshold for Assumption/
estimation/measurement errors and omissions.
• The Company’s statements that describe the expression of opinion, belief, aspiration, expectation, aim to
future intention provided by the Company, and assertions related to Intellectual Property Rights and other
competitive issues.
•
Strategy and other related linkages expressed in the Report.
•
Mapping of the Report with reporting frameworks other than those mentioned in the Reporting Criteria above.
Integrated Annual Report 2024-25
117