Case study: How Hitachi strives to contribute to the creation of a prosperous society by driving innovation, utilizing its advanced technologies
Hitachi has committed, for over a century, to contributing, through innovation, exploratory research, and by developing original technology and products, to the creation of a prosperous society, not least through collaborations with customers, universities and research institutes, aimed to develop creative innovations and solutions.
Abstract
Operating in 140 countries and regions, Hitachi, working with a range of stakeholders, strives to meet the needs and address the challenges of a changing world, through innovative technology and cutting-edge research. In order to contribute to the creation of a prosperous society by driving innovation, utilizing its advanced technologies Hitachi took action to:
• reorganize R&D (Research & Development) to co-create solutions with customers
• reinforce global R&D
• collaborate with universities, research institutes and customers to pursue open innovation
Using the GRI Standards in order to maintain and increase the value of your company
With each publication in this series the FBRH team will highlight one key impact identified by a company reporting in accordance with the GRI Standards and show how it has taken a structured, systematic approach to improving performance. With such positive action companies build trust, by dealing responsibly and conscientiously with their impact on the environment and on their stakeholders (e.g. clients, suppliers, shareholders, local communities, NGOs or local government). Stakeholders that can hold it back or stop it from reaching its objectives
By building trust your company creates loyalty and long-term commitment to its services and brands
New foreword by the Editor:
Why the GRI Sustainability Reporting Standards are not a box ticking exercise and how 80% of the world's 250 largest companies are using the GRI Standards to gain competitive advantage
