SHINSHO CORPORATION

SHINSHO CORPORATION
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Sustainability Strategy

Based on the Company’s Corporate Philosophy and Core Values, we recognize that our business activity in and of itself is a corporate social responsibility. Together with contributing to society, we have positioned sustainability strategies as a key element in our new Medium Term Management Plan and are aggressively moving forward to achieve sustainable growth for the Company.

Iron & Steel Division

●Basic strategy:Advance businesses that contribute to resource saving and a circular economy through the products handled
Key Target
Business Fields
Sustainability EffectSDGs Goals
Increase the handling of components geared toward renewable energy facilities Resource conservation (waste reduction through recycling and reuse), circular economy 12
Build safe and resilient infrastructure to protect against natural disasters Natural disaster response facilities, supply of materials, etc. for infrastructure 12

Ferrous Raw Materials Division

●Basic strategy:Aim to expand resource recycling businesses with emphasis on environmental businesses
Key Target
Business Fields
Sustainability EffectSDGs Goals
Growth in global sales of iron scrap Resource conservation (waste reduction through recycling and reuse), circular economy 11 12
Expand biomass fuel handled, and commercialization Reduce greenhouse gasses (GHG) by conserving resources and using renewable energy, contribute to local job creation for biomass collection 1
12
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13

Nonferrous Metals Division

●Basic strategy:Accelerate investments into environment-related businesses, pursue highly value-added businesses
Key Target
Business Fields
Sustainability EffectSDGs Goals
Expand handling of nonferrous recycling raw materials
●Sorting business for automobile aluminum panel scrap
●Establish business with overseas partners (recycling miscellaneous electric wire scrap, waste tires)
Resource conservation (waste reduction through recycling and reuse), circular economy 12
Additional investments into aluminum processing business in line with surging prevalence of EVs Reduction of greenhouse gasses (GHG) through cutting use of fossil fuels 13

Machinery & Electronics Division

●Basic strategy:Use handled products to raise awareness and strengthen initiatives to reach SDGs
Key Target
Business Fields
Sustainability EffectSDGs Goals
Sale of high-efficiency inverter screw compressor (IoT-compatible) and unit control systems Contribute to CO2 reduction through energy conservation (reduction of power consumption) 13 14
Sale of refrigeration compressors Keep in check the adverse effects on life forms caused by ozone layer-depleting substances by conserving energy and use of alternative CFCs 1

Welding Division

●Basic strategy:Contribute to the CO2 reduction field through efforts such as expanding supply of new materials for EVs
Key Target
Business Fields
Sustainability EffectSDGs Goals
Recycle industrial waste
●Reuse semiconductor maker-generated discharged hydrofluoric acid and sulfuric acid as surface-treatment agents for steel makers
Resource conservation (waste reduction through recycling and reuse), circular economy 12
Increase handling of materials for EVs Reduction of greenhouse gasses (GHG) through cutting use of fossil fuels 13
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