notice

We have signed a "Positive Impact Finance" agreement with the Bank of Yokohama.

Shinko Shoji Co., Ltd. (Head office: Shinagawa-ku, Tokyo; President and CEO: Tatsuya Ogawa; hereinafter "Shinko Shoji") has concluded a loan agreement for "Positive Impact Finance*" with The Bank of Yokohama Ltd. (Head office: Yokohama City, Kanagawa Prefecture; hereinafter "The Bank of Yokohama").

*"Positive Impact Finance" is financing that aims to make a positive contribution to society by comprehensively evaluating and monitoring the impact that business activities have on the environment, society, and economy.

When concluding this agreement, our SDG-related initiatives were analyzed and evaluated by Hamagin Research Institute Co., Ltd. as conforming to the "Principles for Positive Impact Finance" established by the United Nations Environment Programme Finance Initiative (UNEP FI), and as being consistent with the "Basic Concepts of Impact Finance" compiled by the Positive Impact Finance Task Force established pursuant to Article 2 (4) of the Guidelines for Establishment of the Ministry of the Environment's High-Level Panel on ESG Finance. These were also confirmed by a third-party organization, Japan Credit Rating Agency, Ltd. (JCR).

In order to realize our corporate philosophy, we are working on SDGs promotion activities with the goal of our basic sustainability policy of "sustainability management that values people and the environment of the earth." We will set KPIs such as expanding sales of products that have a positive impact on society and the environment, reducing electricity consumption, recycling activities, and improving employee skills.