The Shindengen Group promotes ESG management in line with our management philosophy of “Together with society, our customers, and our employees”.
The Shindengen Group promotes group governance and communication with stakeholders based on the “Shindengen Group Action Guidelines” to further enhance corporate value and contribute to the international community and the local communities.
Today, it is more important than ever for corporations to treat suppliers as “co-creators” as well as to promote sustainability internally in light of the increasing globalization of supply chains.
Major Sustainability Activities in the Supply Chain
The Shindengen Group has established the “Shindengen Group Supply-Chain CSR Promotion Guidelines” with reference to the JEITA “Responsible Business Conduct Guidelines,” and has stipulated the “Shindengen Group Materials Procurement Policy” to promote sustainability activities throughout the supply chain. We also disclose our sustainability activities to our stakeholders in accordance with the requirements of ISO 26000 and the GRI Standards.
Promoting Sustainability in the Supply Chain
Every year, Shindengen Electric Manufacturing Co., Ltd. provides a briefing on Shindengen Group's sustainability policy to its business partners in order to seek their understanding and cooperation in promoting the Group's sustainability activities.
Building Partnerships
Shindengen Electric Manufacturing Co., Ltd. endorses the intent of the Council on Promoting Partnership Building for Cultivating the Future promoted by the Cabinet Office and the Small and Medium Enterprise Agency and has announced a “Declaration of Partnership Building.” We will aim to build new partnerships by pursuing cooperation, co-existence and co-prosperity with our supply chain business partners and value-creating business operators.
Human Rights for the Supply Chain
The biggest risks for slave labor and human trafficking are in the supply chain, which the Shindengen Group’s oversight of operations and management cannot directly reach. We request that our suppliers respect human rights in accordance with the “Shindengen Group Supply-Chain CSR Promotion Guidelines.”
Responsible Minerals Trade
To ensure that the Shindengen Group fulfills the social responsibility standards for supply chains, we request our suppliers to expand their awareness to conflict minerals and participate in the surveys we implement as part of our efforts to honor human rights, environmental, and ethical principles.
The Shindengen Group’s Initiative for Responsible Minerals Trade
Conflict minerals (such as gold, tantalum, tungsten, and tin) excavated from the Democratic Republic of the Congo and surrounding countries are the source of funding for armed conflict. Another problem is the human rights violations that occur during excavation.
In the final rule of Article 1502 of the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank act), which was passed and announced on August 22, 2012, by the U.S. Securities and Exchange Commission, it states that all public companies in the United States must submit a report to the Securities and Exchange Commission certifying whether or not “conflict minerals” are contained in their products.
As Shindengen Electric Manufacturing Co., Ltd. is not among the companies required to submit a report to the U.S. Securities and Exchange Commission, there is no obligation to submit any such report about the usage of conflict minerals.
However, the Shindengen Group is taking a humanitarian stance and is actively making it clear as to whether or not conflict minerals are included in its products and working towards the elimination of conflict minerals. In addition, the problems with procuring minerals are expanding beyond just conflict areas. To address the risks of OECD guidance Annex II and limit the contribution to serious human rights violations and environmental pollution, we will continue promoting responsible mineral procurement throughout the supply chain regarding the procurement of minerals, such as those produced in conflict and high-risk areas.
Mineral Trade Survey
In FY 2023, we conducted the following conflict mineral trade survey targeting our major suppliers, and we did not confirm any facts violating the law from the responses.
| Survey method | Survey population | Survey respondents |
| CMRT survey | 257 companies | 211 companies |
