Shin-Etsu Group Key CSR Issues

Shin-Etsu Group Key CSR Issues

Specifying Shin-Etsu Group Key CSR Issues

In order to practice the  Business Principle to "The Group strictly complies with all laws and regulations, conducts fair business practices and contributes to people's daily lives as well as to the advance of industry and society by creating value through the provision of key materials and technologies." we have been working on a wide variety of activities.
What the Group must address in particular was defined as "Key CSR Issues" through the following procedure in fiscal 2015.
Having targets set for each Key CSR issues, we will work and evaluate to improve the current situation in order to achieve the targets.

Process of Specifying Key CSR Issues

Clarifying Key CSR Issues

In the Committee, the following investigations were done for all of the Company's departments and major domestic Group companies.

  • Stakeholders for each department and each company are reconfirmed.
  • In reference to ISO26000 core subjects, Key CSR Issues are listed in each department and each company.
  • Level of importance of each key issue for the Group as well as for stakeholders is scored. Each point of the importance.

Creating a scatter plot of Key CSR Issues and organizing them

The Committee created a scatter plot of key issues on the basis of the key issues and their scores submitted by each department and each company. The result showed that the majority of key issues were "very important" issues.

The Committee organized the listed key issues and also created a draft of Key CSR Issues with these being reflected in the scatter plot.

Key CSR Issues Scatter Plot

Key CSR Issues Scatter Plot

Interviews with Outside Directors

Individual interviews were conducted with all Outside Directors with prepared proposal. The followings are the suggestions and opinions provided in the interviews.

  • Compliance with Laws and Regulations are related to all the other issues.
  • All of the Key CSR Issues listed are equally important for the Group, and it is difficult to prioritize them.
  • The Group should clarify what we are aiming at as a goal as the Group specify Key CSR Issues.

Re-examination in the Committee and approved by the management

Based on the suggestions and opinions from the Outside Directors, the Committee has re-examined key issues. The Managing Directors' Meeting, which is the decision-making body with all the directors and audit & supervisory board members also examined and has decided the items in the figure below to be Key CSR Issues of the Group.

In addition, in December 2018, the ESG Promotion Committee discussed the key issues and their materiality that had been reviewed by all departments of the Company and major Group companies in Japan, and decided to continue to address the key issues identified in 2015.

The Group will work equally on all of these Key CSR Issues without an order.

Shin-Etsu Group Aims. Contributions to the Earth's future
Strengthen existing businesses. Create new businesses

Diagram of the Shin-Etsu Group's various relationships