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Climate Change

Hitachi targets market for verifying carbon neutral factories

Conglomerate's environment chief says IT investments will generate green benefits

Hitachi has estimated that it would spend 60 billion yen ($543 million) on reducing energy consumption and 24 billion yen on renewable energy for its own facilities in the next 10 years. (File photos by Manami Yamada and Takaki Kashiwabara)

TOKYO -- Hitachi is developing a system to monitor energy consumption and the use of renewable energy in factories, at a time when verifying greenhouse gas emissions reduction efforts is becoming more important as investors put more focus on companies' green credentials.

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