6 critical areas where sustainable companies should invest their time, resources, and money
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The world has entered an era of highly unpredictable social and economic change: The climate crisis is affecting every country on every continent. It is destabilizing national economies and harming people's livelihoods through shifting weather patterns, rising sea levels, and intensifying weather occurrences.
One brand, Hitachi, Ltd. (TSE: 6501, "Hitachi"), believes a strong commitment to sustainability is not only necessary but can drive growth and innovation. For them, sustainability is not treated as a "cost" or compliance mandate. Instead, it is a value creation prospect for the business and, consequently, for society.
Sustainability is not just a utopian idea, but rather a critical motivator for any organization to exist in the mid-to-long term. Maximizing shareholder value now requires paying attention to a variety of sustainability issues.
At Climate Week NYC, Lorena Dellagiovanna, Hitachi's chief diversity and inclusion (D&I) officer, deputy chief environmental officer, and deputy general manager of the government and external relations group, discussed how businesses can change the perception of sustainability from cost to value creation and the support that government and non-profits provide in this sustainable transition. Following this, Hitachi released their "Hitachi Sustainability Report 2022."
The "Hitachi Sustainable Report 2022" highlights the specific measures the company is taking to promote sustainable management under the newly strengthened sustainability management structure. Within, Hitachi clarifies six critical issues (material topics) in sustainable management considering global initiatives and the expectations and needs of stakeholders.
6 critical issues in sustainable management
Hitachi
For a recap of Hitachi's presence at Climate Week NYC, click here. To view the comprehensive report, see Hitachi's Sustainability Report 2022.
This post was created by Hitachi with Insider Studios.