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Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
FOR IMMEDIATE RELEASE
Tokyo, December 8, 2023 --- Hitachi Astemo, Ltd. announces that Hitachi Astemo acquired certification from SBT Initiative (SBTi)*1 on November 30, 2023*2 for its 2030 GHG (greenhouse gas) reduction target. SBTi is a collaborative international initiative that certifies whether the targets of each company are scientifically consistent with the targets set by the Paris Agreement,*3 the international framework for climate change issues, thus making them "SBT (Science Based Targets).”
As the company name "Advanced Sustainable Technologies for Mobility" implies, Hitachi Astemo is committed to providing advanced mobility technologies and working toward the realization of a sustainable society that is safer, more comfortable, and has a lower environmental impact. As part of these efforts, we aim to reduce GHG emissions throughout the entire process, including in the production sector. By expanding sales of electrified products and improving the energy efficiency of our products, the emissions of vehicles equipped with Astemo products will also be reduced.
Hitachi Astemo will reduce GHG emissions and contribute to the realization of a sustainable society by achieving the following targets for which the company has received SBTi certification. Hitachi Astemo has obtained certification only for the near-term*4 targets.
・Reduce Scope 1*5 +2*6 GHG emissions by 80%*7 (base year FY2021)
・Reduce Scope 3*8 GHG emissions by 25% (base year FY2021)
Hitachi Astemo is committed to technological innovation and business development for sustainable growth through strategic business operations of the Electrification Business Management Division, the Chassis & ICE Management Division and the Motorcycle Business Division. Hitachi Astemo will contribute to a better global environment through electric powertrain systems and highly efficient internal combustion engine management systems that reduce emissions, and improve safety and comfort through autonomous driving, advanced driver assistance systems and advanced chassis systems. Hitachi Astemo contributes to a sustainable society and improved quality of life by providing world-leading advanced mobility solutions that satisfy our customers.
Hitachi Astemo, Ltd.
Head Office: Shin Otemachi Building, Otemachi 2-chome, 2-1, Chiyoda-ku, Tokyo
Business: Development, manufacture, sales and service of machinery and equipment and systems for automotive parts and transportation and industrial use