- Need to review business model for carbon neutrality
- Profit margin lagging behind peers
- Accumulated few risk-bearing investments and loans
- Shortage of human resources
- Changes in clients in the Iron & Steel business
- Intensification of international competition
- Significant change in the financial situation due to interest rate hikes
- Downside risks to business performance such as production trends in the automobile industry, global turmoil, global COVID-19 pandemic, chronic semiconductor shortages, surging raw material prices, and price hikes on all kinds of products
Shinsho Corporation
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, Shinsho Corporation disclosed greenhouse gas emissions of 24.0K tCO2e (FY2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
24.0K tCO2e (FY2022)
2022-04 to 2023-03
Energy Use
1.0M kwh (FY2022)
2022-04 to 2023-03
✅ Reported Environmental Achievements
- Obtained ISO 14001 certification in 2000
- Received a B score in the Climate Change category from the CDP
- Invested in a decarbonization fund
- Expanding the handling of biomass fuels
- Expanding global sales of cold iron materials
- Developing the nonferrous metal scrap recycling business
- Reducing CO2 emissions by expanding transactions in resource recycling businesses such as scrap metal and biomass fuels
🎯 Climate & Sustainability Targets
🔜 Short-term
- Approximately triple the handling volume of environmentally friendly products by FY2030 compared with FY2022
📅 Medium-term
- Reduce CO2 emissions to 46% of the emissions in FY2018 by 2030
- Achieve a non-trade proportion of 33% by FY2030
🔭 Long-term
- Achievement of carbon neutrality by 2050
🌱 ESG Focus Areas
Contribution to Tomorrow’s ManufacturingCorporate Activities with ComplianceActivities in Global EnvironmentCorporate Culture Respecting DiversityRealization of Personal Growth