Concept and Initiatives for Sustainability
The Shindengen Group’s sustainability lies in fulfilling our promise to “Listen closely, look ahead, and create a future of value,” our brand statement of “New power, Your power,” and our corporate mission of “Maximizing energy conversion efficiency for the benefit of humanity and society,” thereby realizing our management philosophy of being “Together with society, our customers, and our employees.”
In the 16th Medium Term Business Plan, we strengthened our corporate social responsibility
(CSR) activities from an environmental, social, and governance (ESG) perspective, mainly focusing on risk management, as we promoted the resolution of social issues alongside our business activities. In the 17th Medium Term Business Plan, we have reviewed our materiality from the broader perspective of sustainability, ncorporating the element of “opportunity,” which we have integrated into our management policy. We will thus strive to achieve sustainable growth, which will increase corporate value, as we contribute to a sustainable society.
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Corporate Mission |
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Maximizing energy conversion efficiency for the benefit of humanity and society. |
The Shindengen Group’s Basic Sustainability Policy
The Shindengen Group will actively promote ESG (Environment, Social and Governance) management as we pursue our corporate mission. We will contribute to the realization of a sustainable society and strive to enhance our corporate value from a long-term perspective.
To this end, we will:
・Contribute toward achieving the goals of “decarbonization,” “a recycle-oriented society,” and
“a society in harmony with nature” in line with our Environmental Vision.
・Respect human rights and diversity and strive to improve stakeholder engagement.
・Strive to create a safe and secure workplace that is rewarding to work in through the development of human resources and improvements to the internal environment.
・Conduct management in a fair and transparent manner as we live up to the trust and expectations of a wide range of stakeholders.
Governance and Risk Management Concerning Sustainability Overall
Under our Medium Term Business Plan, we will create sustainable corporate value by implementing the initiatives listed on the right.
ESG Material Issues
1. Providing value through environmentally friendly products
2. Harmonizing business activities with the environment
3. Creating diverse and fulfilling workplaces (Well-being)
4. Strengthening a sustainable, fair and highly transparent management foundation
To address these ESG Material Issues and non-financial issues put forward by the relevant committees, we have established an integrated management system centered around the Sustainability Committee, chaired by the President, with the CSR Implementation Group and various related committees under its jurisdiction.
Sustainability Promotion System
Composition and Roles of the Sustainability Committee
・Chairperson: President and Representative Director
・Members: Directors, Senior Executive Officers, and the Officer in Charge of Sustainability
・Roles: Formulation of company-wide sustainability policies, review of progress, and overall coordination of activities of related committees
Sustainability Governance Structure
Chain of Command and Reporting Structure
・Under the Sustainability Committee, the CSR Promotion Subcommittee and related committees (such as the Environmental Committee and the Human Rights Committee) have been established.
・Each committee and subcommittee works in collaboration with the relevant departments to address annual issues and medium- to long-term goals.
The progress of each committee and subcommittee is regularly reported to the Sustainability Committee and reviewed by the committee.
・The evaluation results from the Sustainability Committee are reflected in the goal-setting and improvement measures for the following fiscal year.
Authority and Responsibility
The Sustainability Committee determines the company-wide basic sustainability policy and annual policy, and oversees the activities of each committee.
Each related committee and the CSR Promotion Subcommittee are responsible for planning and implementing specific measures based on the policies established by the Sustainability Committee.
Indicators and Targets
To ensure initiatives are advanced appropriately in line with our Sustainability Basic Policy and Annual Policy, we have defined initiatives, indicators, and targets (KPIs) for each materiality topic.
Monitoring
The Sustainability Committee has been bolstering its initiatives for ESG management and SDGs by regularly monitoring the status of KPI achievement and other sustainability-related measures.
Please refer to the following for quantitative targets (KPIs) related to materiality.
