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Social Innovation

Social Innovation Business in Italy

    Social Innovation Business in Italy

    At Hitachi we are proud of our history and excited by our future in Italy. By collaborating with a range of stakeholders, we strive to provide solutions, products and services in Italy that resolve social issues and improve the quality of life for everyone.

    There are four areas where we are focusing our contribution – economic capital, social capital, environmental capital and knowledge capital.

    Economic capital

    Our economic commitment to Italy has seen our contribution to Italian GDP grow by 40% between 2015 and 2016, compared to an average 4% growth by others in the sector. This is a result of a 101% increase in investment, while peers in industrials and services reported an average 3% decrease in investment in the market. During the same period, Hitachi revenues grew by 34% compared to the sector average of 2%.

    Social Capital

    Employment is vital to the future of the Italian economy. In Italy the employment rate for people aged 20-64 is currently 61.3%, the second lowest in Europe.

    Hitachi in Italy provides secure employment to an ever-growing number of Italians. The number of Hitachi employees in Italy grew by 31% between 2015 and 2016. Of these employees, 98% have a permanent contract. Consequently, the social multiplier effect means that for each Hitachi employee in Italy, 1.2 additional employees are activated within the entire economy.

    Knowledge Capital

    We provide our Italian employees with the skills they need to succeed. Our investment in training has resulted in the level of education of Hitachi employees being higher than the Italian average.

    Beyond internal training, we are committed to open innovation, sharing our knowledge with Italian universities, research institutes and think tanks.

    Environmental capital

    Our environmental contribution concentrates on maintaining the integrity of the territory and the ecosystem, reducing energy and water consumption and regenerating natural resources.

    We are conscious of our direct environmental impact. The consumption of both gas and electricity within our operations, as well as the emission of CO2, is below the average in Italy.

    If you are interested in learning more about our work in Italy, we have partnered with think tank The European House of Ambrosetti on a detailed report – DOWNLOAD REPORT