Page 181 - Hitachi IR 2025

9. • Support national disaster management and other government initiatives
To actively support national disaster management including relief, rehabilitation and reconstruction activities
and support in other initiatives for promoting, including preventive measures for health care systems, hygiene
and sanitation.
• Aid in sustainable development goals
To promote an ecosystem for sustainable development goals by encouraging usage of indigenous, innovative
and sustainable solutions by aiding, development, promoting, facilitating and undertaking testing of new
frontiers of science, technology, engineering and environment in partnership with like-minded institutions,
incubators and sponsors.
 The Company’s CSR policy may be viewed on the Company’s website at: https://www.hitachienergy.com/in/
en/investor-relations/corporate-governance#policies.
Further details on CSR expenditure and projects are provided in the Annexure to Board’s Report.
ENVIRONMENT, SOCIAL AND GOVERNANCE (ESG) COMMITTEE:
 Sustainability is in the DNA of Hitachi Energy’s business strategy, shaping the approach the Company takes
towards environment, society and governance. The Company is dedicated towards the reduction of its carbon
footprint and for its social and employee’s welfare and governance causes. The Company has constituted
Environment, Social and Governance (ESG) Committee in the Board Meeting held on October 22, 2021. The
work under ESG continued during the financial year under review. The details of the performance and reporting
under ESG is included under Business Responsibility and Sustainability Report forming part of this report.
Charter and Objectives of ESG Committee:
Drivers of ESG:
• Hitachi Energy’s Sustainability 2030 strategy based on UN SDGs based on four key areas: Planet, People,
Peace, and Partnerships
•
Investor Expectations
•
Evolving Compliance and Stock Exchange Listing Requirements
•
Contribution to an Integrated Strategic Approach-Increased revenues and innovation
•
Cost savings and efficiencies
•
Improved access to capital
•
Improvements in staff morale
•
Improved reputation and stakeholder relations
•
Doing “the right thing”
Sustainability vs ESG: ESG Factors for Better Business Performance:
Hitachi Energy has placed sustainability at the heart of its purpose to advance a sustainable energy future for all.
Company ESG Purpose and Charter Purpose:
ESG Committee has been constituted with the objective to assist the Board of Directors of the Company in
fulfilling its oversight responsibilities in relation to Hitachi Energy’s objectives, policies and practices pertaining to:
•
Environment: Interaction with the physical environment
•
Social: Impact on society and communities
•
Governance: How the company is governed
with Sustainability 2030 strategy based on four pillars of:
•
Planet - Towards carbon neutral
•
People - Diversity plus collaboration equals great innovation
•
Peace - Peaceful inclusive and sustainable societies
•
Partnerships - Foster multi stakeholder partnerships
Integrated Annual Report 2024-25
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