Hitachi ABB Power Grids has declared Sustainability 2030 – its strategic sustainability plan.
Through Sustainability 2030 the global technology leader has outlined its main commitments to act and sustainably drive business.
Based around four pillars – Planet, People, Peace and Partnerships – the strategy draws from the UN’s Sustainable Development Goals (SDGs), where each pillar has corresponding targets that drive the business to contribute social, environmental and economic value.
Hitachi ABB Power Grids supports all SDGs and is making a deeper contribution to SDGs: 3 (Good health and well-being), 4 (Quality education), 5 (Gender equality), 6 (Clean water and sanitation), 7 (Affordable and clean energy), 12 (Responsible consumption and production), 16 (Peace, justice and strong institutions); and 17 (Partnerships for the Goals).
For example, in April 2021 Hitachi ABB Power Grids launched EconiQ – its eco-efficient portfolio of products, services and solutions which are sustainability-oriented in design and proven to deliver superior environmental performance compared to conventional solutions.
From a peaceful perspective, the business has set the target to strive for zero incidents of corruption and bribery. On 1 February 2021, Hitachi ABB Power Grids appointed Dominique Abrokwa as its Global Head of Integrity to oversee its programs and strategies relating to the prevention, detection and resolution of integrity and trade risks.
Claudio Facchin, CEO of Hitachi ABB Power Grids commented, “A Sustainability plan aligned with a net-zero emissions future is integral to our business, to our growth and long-term success.” Claudio continued, “Through Sustainability 2030, we have defined our strategy, which combines innovative solutions with diverse and inclusive company culture to contribute to a more sustainable society. Sustainability 2030 underpins our Purpose based on Powering good for a sustainable energy future.”
Matthew North, Head of HSE and Sustainability at Hitachi ABB Power Grids commented, “Planet, People, Peace and Partnerships are the four pillars of our Sustainability Strategy 2030, which include ambitious targets that will guide, stretch and advance our whole business, as we strive towards a more sustainable society.”
Hitachi, which has an 80.1% majority shareholder in the business, has made their strategy for achieving a sustainable world to be a global leader in the Social Innovation Business.
Hitachi is committed to making improvements in social, environmental, and economic value, as well as contributions to people’s quality of life and enhanced customer value.