Sustainability Management

The Shinko Group has consistently carried out business operations that always take into account coexistence with local communities, consideration for the global environment, and respect for humanity from its foundation until now. We aim to contribute to lives of abundance for people around the world by developing, manufacturing, and selling advanced products that meet the needs of an increasingly sophisticated market. By implementing the Shinko Way, which embodies the spirit inherited from our founder and our Group's reason for existence in society, the Group aims to promote activities that address a variety of sustainability issues and contribute to the realization of a sustainable society and the creation of a bright future.

Promotion System for Sustainability Activities

As the person responsible for promoting the sustainability activities of the Shinko Group, the Representative Director of Board, President oversees all activities, and the Sustainability Promotion Division serves as company-wide secretariat. In response to each sustainability issue, committees composed of members from related divisions are established for each field, and the divisions responsible for each issue implement various measures to address sustainability issues throughout the Group.

In addition, the Green Factory Promotion Subcommittees established at each plant promote activities to address environmental issues such as reducing greenhouse gas emissions, waste generation, and use of water resources. The CSR・SDGs Promotion Subcommittee, in which relevant divisions participate, strengthens activities taken to address social issues and the SDGs.

Our overseas manufacturing subsidiaries, in addition to establishing a sustainability promotion system, have set specific targets for various issues and are taking measures to strengthen their sustainability activities.

The Board of Directors periodically receives reports on the progress and results of initiatives that address sustainability issues.

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Material Issues (Materiality)

Based on internal factors such as the Corporate Values of the Shinko Way and management policies, as well as external factors such as major international sustainability-related guidelines and social requirements, the Shinko Group identifies material issues (materiality) to prioritize among the various sustainability issues. When identifying material issues, we evaluate their importance from two perspectives: their importance to the Shinko Group's business and their importance to stakeholders.
We confirm the appropriateness of the selected material issues and periodically review them.

Process for Identifying Material Issues

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International Reference Guidelines on Sustainability

  1. GRI Sustainability Reporting Standards
  2. Responsible Business Alliance (RBA) Code of Conduct
  3. ISO 26000
  4. United Nations Global Compact
  5. Sustainable Development Goals (SDGs)
  6. Sustainability Accounting Standards Board (SASB)

Material Issues (Materiality)

Each year, the divisions in charge set specific targets for the material issues (materiality) that have been identified and then conduct various activities while monitoring progress and issues. The activities are continuously improved through a PDCA cycle that leads to the next year's activities.

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