Page 123 - Hitachi IR 2025

INDEPENDENT ASSURANCE STATEMENT
Independent Assurance Statement to Hitachi Energy India Limited on its GHG Inventory for FY 24-25
The Board of Directors,
Hitachi Energy India Limited
No. 70/401, 8th Floor,
Brigade Opus, Kodigehalli Main Rd,
Sanjeevini Nagar, Bengaluru,
Karnataka 560092
Nature of the Assurance
SGS India Private Limited (hereinafter referred to as SGS India) was contracted by Hitachi Energy India Limited
(the ‘Company’ or ‘HEIL’) to conduct an independent assurance of its annual Greenhouse Gas (GHG) inventory for
Scope-1 and Scope-2 pertaining to the reporting period of 1st April 2024 to 31st March 2025. The Company has
developed its GHG inventory in accordance with the GHG Protocol Corporate Accounting and Reporting Standard
and ISO 14064-1 standard. SGS India has conducted a Reasonable level of Assurance for Scope-1 & Scope-2
data. This assurance engagement was conducted in accordance with the “International Standard on Assurance
Engagements (ISAE) 3410”.
Responsibilities
The information in the report and its presentation are the responsibility of the management of the Company. SGS
India has not been involved in the preparation of any of the material included in the report.
Our responsibility is to express an opinion on the text, data, calculation, and statements within the defined scope
of verification, aiming to inform the Management of the Company, and in alignment with the agreed terms of
reference. We do not accept or assume any responsibility beyond this specific purpose, and it is not intended for use
in interpreting the overall performance of the Company, except for the aspects explicitly mentioned within the scope.
The Company holds the responsibility for preparing and ensuring the fair representation of the verification scope.
Assurance Standard
SGS India has conducted Reasonable level Assurance for Scope 1 & Scope 2 data. This engagement was performed
in accordance with the International Standard on Assurance Engagement (ISAE) 3410. Our evidence-gathering
procedures were designed to obtain a ‘Reasonable level of assurance’ which involves the underlying assumption
that the control environment and controls are reliable.
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.
Integrated Annual Report 2024-25
121