Hitachi Upgraded to “AA” in MSCI ESG Rating

Tokyo, March 8, 2023 – Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that as of February 2023, Hitachi received an MSCI ESG Rating of AA. MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. In this assessment, Hitachi has been highly evaluated for its sustainability initiatives, such as promotion of compliance training and disclosure of R&D investments to create green value.