Environmental Accounting
With a view to promoting environmental management, Toshiba Group is working to introduce an environmental accounting approach aimed at collecting accurate data on investments and costs required for its environmental conservation initiatives and analyzing the collected data in order to reflect investment effects and cost benefits in managerial decision making. Environmental accounting is performed in accordance with the Ministry of the Environment's Environmental Accounting Guidelines 2005. Environmental costs are calculated as a sum of the costs of controlling pollution, conserving the environment, operating environment management equipment, providing environmental education, conducting research and development, and so on. To assess environmental benefits, we show reductions in environmental impacts in physical amounts and also calculate environmental benefits on a monetary basis.
Environmental Costs (FY2021) Unit: million yen
| Category | Description | Investments | Costs |
|---|---|---|---|
| Business area costs | Reduction in environmental impacts | 2,303 | 5,473 |
| Upstream/downstream costs | Green procurement, recycling, etc. | 392 | 418 |
| Administration costs | Environmental education, EMS maintenance, tree planting on factory grounds, etc. |
16 | 2,294 |
| R&D costs | Development of environmentally conscious products, etc. | 240 | 19,421 |
| Public relations costs | Support for local environmental activities, donations, etc. | 0 | 11 |
| Environmental damage restoration costs | Restoration of polluted soil, etc. | 0 | 160 |
| Total | 2,951 | 27,777 | |
| Category | Description | Investments | Costs |
|---|---|---|---|
| Business area costs | Reduction in environmental impacts | 2,303 | 5,473 |
| Upstream/downstream costs | Green procurement, recycling, etc. | 392 | 418 |
| Administration costs | Environmental education, EMS maintenance, tree planting on factory grounds, etc. |
16 | 2,294 |
| R&D costs | Development of environmentally conscious products, etc. | 240 | 19,421 |
| Public relations costs | Support for local environmental activities, donations, etc. | 0 | 11 |
| Environmental damage restoration costs | Restoration of polluted soil, etc. | 0 | 160 |
| Total | 2,951 | 27,777 | |
Breakdown of Environmental Costs by Business Segment (FY2021)
Environmental Benefits (FY2021)
| Category | Description | Reductions in environmental impacts | Benefits measured as a monetary value (million yen) | Calculation method | |
|---|---|---|---|---|---|
| (A) Actual benefits | Costs that can be measured directly as a monetary value, such as electricity and water charges | Energy | -2,009,800(GJ) | -3,310 | Reductions in electricity charges and waste processing costs compared to the previous year, plus sales of valuables. |
| Waste | -6,930(t) | -848 | |||
| Water | -666,851(m³) | 27 | |||
| Total monetary benefits | -4,132 | ||||
| (B) Assumed benefits | Reductions in environmental impacts measured as a monetary value | Reductions in the amount of chemicals discharged | -73(t) | -2,895 | To obtain monetary values, we assessed the impact of different substances by using the equivalent amount of cadmium for each substance, which we calculated based on environmental standards and on threshold limit values for chemical substances specified by the American Conference of Governmental Industrial Hygienists (ACGIH-TLV), and then multiplying such amounts by the damage compensation for cadmium contamination. In order to compare different environmental impacts by the same standard, reductions in environmental impacts on the atmosphere, hydrosphere, and soil compared to the previous year are shown alongside monetary amounts that represent the values of such reductions. |
| Total monetary benefits | -7,027 | ||||
| Category | Description | Reductions in environmental impacts | Benefits measured as a monetary value (million yen) | Calculation method | |
|---|---|---|---|---|---|
| (A) Actual benefits | Costs that can be measured directly as a monetary value, such as electricity and water charges | Energy | -2,009,800(GJ) | -3,310 | Reductions in electricity charges and waste processing costs compared to the previous year, plus sales of valuables. |
| Waste | -6,930(t) | -848 | |||
| Water | -666,851(m³) | 27 | |||
| Total monetary benefits | -4,132 | ||||
| (B) Assumed benefits | Reductions in environmental impacts measured as a monetary value | Reductions in the amount of chemicals discharged | -73(t) | -2,895 | To obtain monetary values, we assessed the impact of different substances by using the equivalent amount of cadmium for each substance, which we calculated based on environmental standards and on threshold limit values for chemical substances specified by the American Conference of Governmental Industrial Hygienists (ACGIH-TLV), and then multiplying such amounts by the damage compensation for cadmium contamination. In order to compare different environmental impacts by the same standard, reductions in environmental impacts on the atmosphere, hydrosphere, and soil compared to the previous year are shown alongside monetary amounts that represent the values of such reductions. |
| Total monetary benefits | -7,027 | ||||
- Reductions in environmental impacts for actual and assumed benefits indicate differences between FY2021 and FY2020.
Negative benefits indicate that the increase in environmental impacts exceeded reductions due to increases in production and other factors.