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Hitachi

Hitachi High-Technologies GLOBAL

Profile

President and CEO One Akiyama
Integrex Inc.
President and CEO One Akiyama

Graduate of the Department of Economics, Keio University. After working in such positions as a foreign bond trader at a US securities company and an independent securities company, she established Integrex Inc. in 2001 to conduct socially responsible investment and promote corporate social responsibility.

Hitachi High-Tech produces CSR reports and makes them available through integrated annual reports (hard copy) and on its website. On the website, the company’s CSR activities are reported comprehensively, focusing on the categories "Management," "Social Reporting," and "Environmental Reporting." The following opinion of the CSR reports posted on the website.

Points of Merit

Following on from the message from the management, Hitachi High-Technologies provides its own definition of CSR under the heading "CSR at Hitachi High-Technologies." Making it clear what areas of CSR ought to be engaged in is important to ensure that the main purpose of the activities does not waver.
In the "Management" category, Hitachi High-Tech reports with regard to building a foundation to be a "trusted" company, which is Hitachi High-Tech’s basic philosophy. It is noteworthy that in the midst of steadily ongoing activities, there have been efforts to implement new organizational enhancements, such as the establishment of an independent means to contact members of the Audit Committee, through the whistleblower reporting system.
In the "Social Reporting" category, Hitachi High-Tech reports with regard to relationships with stakeholders. Included in this is the fact that the company is working to continuously improve HR development and the HR system, while endeavoring to enhance the environment in various ways to bring out the full potential of employees, and is beginning the "20-20 Project," which aims to reform working styles.
With regard to the "Environmental" category, Hitachi High-Tech has introduced the Hitachi Group’s self-evaluation system about environmental activities. It improves these activities by quantitatively evaluating the levels of achievement and visualizing progress over the years in eight categories, including Eco-management, Eco-mind, Eco-factories, and Eco-products. At the end of last year, one of Hitachi High-Tech’s research facilities became the first such facility in Japan to obtain JHEP certification, and from this fiscal year, new initiatives are being pursued, such as beginning an eco-design initiative.

Areas in Which Improvement is Expected

It is true that the fact that a wide range of information is disclosed, including various policies, regulations, and guidelines, etc., is enough to say that there is a high level of transparency. However, because of the quantity and comprehensive nature of the information, there is a tendency for this information to lose its impact. Giving the report some light and shade, such as by listing particularly important considerations and priority initiatives over the last year as topics, or highlighting them, would convey the message better. Although the serious format of the report leaves a favorable impression, it is also necessary to incorporate a style that excites readers and employees.
Furthermore, as Hitachi High-Tech overseas revenue accounts for 60% of total revenue, global CSR initiatives are important from a risk management perspective. There are many topics that arise in circumstances that are different from Japan, such as human rights, anticorruption, and fair trade. I would like to see rollout of activities that are suited to the local situation, with reports on issues and initiatives in each country and region. In the future I expect to see activities and reports conducted from a more global perspective.