Page 97 - Hitachi IR 2025

Leadership Indicators
1.  Provide the processes for consultation between stakeholders and the Board on economic, environmental, and
social topics or if consultation is delegated, how is feedback from such consultations provided to the Board.
Priority stakeholders, including policymakers, regulators, institutions, and industry analysts, are identified through
collaborative approaches and stakeholder dialogue. The Company’s engagement is aligned with it’s Purpose.
Meaningful engagement with key stakeholders is managed through the respective function supported by the
Company’s senior management. The Company continually engages with key stakeholders throughout the
year. This engagement is through major platforms and events, such as COP or Climate Week, alongside our
stakeholders to accelerate the energy transition. The Company also works with trade associations and public-
private institutions to deliver collaborative inputs and feedback to policy and regulatory proposals impacting
the energy sector. The Government and Institutional Relations team at the Company oversees government and
institutional stakeholder engagement.
2. 3.  Whether stakeholder consultation is used to support the identification and management of environmental,
and social topics (Yes / No). If so, provide details of instances as to how the inputs received from stakeholders
on these topics were incorporated into policies and activities of the entity.
To ensure meaningful stakeholder engagement, the Company prioritizes thought leadership. Company
representatives share expertise and lessons learned from different global markets. The Company also values
transparent collaboration across stakeholder groups on topics that can contribute to the acceleration of global
energy transition and climate change mitigation. For example, senior leadership strategically consider the World
Economic Forum’s Annual Risk Report in 2024, highlighting that within 10 years, environment-related risks will
identify four out of the top five global risks. The Company engages with business and social institutions across
the world. Sustainability is a key topic for collaborations with many of these institutions and the pursuit of efforts
to accelerate the shift towards a carbon-neutral economy.
 Provide details of instances of engagement with, and actions taken to, address the concerns of vulnerable/
marginalized stakeholder groups.
Yes. The Company has identified vulnerable/ marginalized stakeholder groups and is creating an impact through
its CSR projects by providing quality education in technology institutes for girl students and through Women
in Engineering program providing scholarships across 6 states for nearly 250 young women. The Company
launched the Women in Engineering (WIE) initiative in 2020. Currently spreading to six states, WIE’s objective
is to sponsor and mentor students from underprivileged families. A merit-based system is used in the selection
process, and participants receive financial support, career guidance, mentorship, scholarships, industrial visits,
internships, and job placement opportunities.
PRINCIPLE 5 BUSINESSES SHOULD RESPECT AND PROMOTE HUMAN RIGHTS
The Company values are rooted in respect, including respect for the human rights of every single person who
works for or with us. Respecting and promoting human rights in its business activities is one of its priorities in
its community’s impact area. The Group recognizes that respect for human rights is a basic requirement and
that failure to do so can cause harm to people and adversely affect business, with potential legal, financial and
reputational consequences.
The Company follows its Human Rights Policy and a Social Policy to respect human rights and to avoid causing
or contributing to adverse human rights impacts through own activities. The policy draws on the Universal
Declaration of human rights, the International Labour Organization (ILO) core conventions on labor standards,
United Nations Global Compact (UNGC), The Organisation for Economic Co-operation and Development (OECD)
Guidelines for Multinational Enterprises, UN sustainable development goals (SDG) and the Social Accountability
(SA) 8000 standard. All employees have access to the human rights e-learning, which describes the human rights
principles and risks for the Company. The Company has made a provision, employees shall report any human
rights risk or violation that might occur during projects, services and operations of the Company. Human Rights
performance are being monitored based on relevant indicators to evaluate and to prevent human rights impacts
in all the Company’s operations and workplaces. The Company’s Human Rights and Social Policies specifically
refer to the ILO core conventions as the minimum to be achieved, with respect to non-discrimination, prohibition
of child and enforced labor, freedom of association and the right to engage in collective bargaining. The United
Nations (UN) guiding principles are central to the Company’s human rights training. A global awareness-raising
program for all focuses on understanding how the Company can potentially impact human rights, the importance
of due diligence and how the Company is embedding human rights in business processes, a global capacity
building program is under way.
Integrated Annual Report 2024-25
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