Initiatives for Responsible Minerals Sourcing

As part of Shinko’s efforts to ensure supply chain transparency and responsible mineral sourcing in the procurement activities, the company has been conducting studies on high-risk minerals as part of its due diligence, following the guidelines of the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. Additionally, we have been promoting procurement from conformant smelters through risk mitigation and supply chain transparency efforts, including risk assessment and corrective actions, based on results of the studies. The Responsible Minerals Initiative’s (RMI) Conflict Minerals Reporting Template (CMRT) and Extended Minerals Reporting Template (EMRT) are used in the studies.
In FY2024, we conducted a survey of 41 companies and confirmed that there were no problems.