Hitachi Ltd

Hitachi’s global operations and supply chains include sourcing from and operating in conflict-affected regions. The company’s own Sustainable Procurement Guidelines, updated in May 2025, explicitly state that Hitachi is working to ensure responsible procurement “in order to avoid supporting armed groups, human rights violations including child labor, corruption, and environmental destruction.” This public acknowledgment indicates the company recognizes the material risk that its procurement activities could inadvertently finance or sustain armed conflict. For a diversified industrial conglomerate of Hitachi’s scale—with extensive supply chains for electronics, infrastructure, and energy equipment—this risk is inherent and ongoing. The company has not publicly demonstrated an affirmative case that its presence in any conflict zone provides an essential civilian service that would leave the population materially worse off if withdrawn, which is the threshold required to avoid exclusion under this policy.