Page 83 - Hitachi IR 2025

Parameter Metrics April 1, 2024
-
March 31, 2025
Current Financial Year
April 1, 2023
-
March 31, 2024
Previous Financial Year
Share of RPTs
a. in
Sales to top 10 dealers
/ distributors as % of
total sales to dealers /
distributors
0% 0%
b. Sales (Sales to related
parties / Total Sales)
22% 24%
c. Loans & advances (Loans &
Advances given to related
parties / Total loans &
advances)
Nil Nil
Leadership Indicators
1. Awareness programmes conducted for value chain partners on any of the Principles during the financial year:
In India, supplier trainings on all 9 BRSR core principles were conducted twice in FY2024-25. Training material
was made available in the Company’s supplier portal for all suppliers. For suppliers with higher sustainability
risks, we offer a Supplier Sustainability Development Program (SSDP) that prioritizes partners according to a
risk matrix, aggregating country and commodity risks, operational characteristics, the supplier’s criticality, and
spending level. This program includes training, awareness, and capacity-building. In the year 2024-25, as a part
of supplier sustainability development program, the Company trained 13 suppliers within India. The Supplier
Sustainability Development Program (SSDP) is a supplier engagement to uphold human rights and decent
working conditions, ensure safe and environmentally sound operations and comply with relevant regulatory
requirements in the supply chain
Total number of awareness
programmes held
Topics / principles covered
under the training
2 All 9 Principles of BRSR Core 13%
2. % age of value chain partners covered
(by value of business done with such partners)
under the awareness programmes
 Does the entity have processes in place to avoid/ manage conflict of interests involving members of the Board?
(Yes/No) If Yes, provide details of the same.
Yes, the Company has in place a Code of Ethics and Business Conduct, that is also applicable to the members
of the Board. There is also a global policy PGR-LI-21 specifically governing Conflict of Interest. This provides
guidance on identifying, disclosing, assessing and mitigating actual, potential and perceived conflicts of
interest, approval process. Further, conflict of interest can also be flagged by any person through whistle
blower mechanism.
PRINCIPLE 2 BUSINESSES SHOULD PROVIDE GOODS AND SERVICES IN A MANNER THAT IS SUSTAINABLE
AND SAFE.
Essential Indicators
1.  Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the
environmental and social impacts of product and processes to total R&D and capex investments made by the
entity, respectively.
April 1, 2024
-
April 1, 2023
-
March 31, 2025
March 31, 2024
Current Financial Year
Previous Financial Year
Details of improvements in environmental and social impacts
R&D NA NA Considering the nature of research and development, complexity,
competency required, time frame, amount and to optimize overall
cost, all major R&D efforts are pooled centrally at the Group
level. We invest over four percent of our revenue in R&D annually
at Group level. The expenditure has been mainly in the nature of
payment of license fee for use of technology know-how reported
as royalty and technology fees under other expenses. Around 255
Crores spend in royalty and technology and more than 20 new/
incremental technologies implemented. Certain development
activities carried out by the Company have been billed to the
Group central technology center. Local R&D activities undertaken
by the Company were mainly in localizing the products, adoption
of global products for the local environment, carrying out cost-
saving actions and other improvements.
Integrated Annual Report 2024-25
81