Establishment of and Participation in the ESG Disclosure Study Group Comprised of 19 Companies in the Private Sector

Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it will take part in the ESG Disclosure Study Group ( a general incorporation association; "the Study Group") which is planned to be established in late June 2020. At the time of its creation, the Study Group will consist of 19 private sector companies and will carry out research related to ESG information disclosure with the goal of creating a mechanism to establish harmony between the sustained development of society and the individual efforts of companies to enhance corporate value and growth. Mr. Tetsuo Kitagawa, Professor Emeritus at Aoyama Gakuin University and a specially appointed professor at Tokyo Metropolitan University, will assume the post of Representative Director of the Study Group and concurrently serve as Chairperson to supervise the Study Group's research.