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Environmental accounting is used to quantitatively understand the costs and benefits of environmental protection and utilize the quantitative data as guidelines for business activities.
The TOSHIBA TEC Group uses environmental accounting*, in order to quantitatively understand the costs and benefits of environmental protection and utilize the quantitative data as guidelines for business activities.
Classification of environmental costs and the calculation criteria conform to the "Environmental Accounting Guidelines (Fiscal 2005 Edition)" issued by the Ministry of Environment in Japan.
In regard to benefits, no unified standards have been established; however, environmental impact reduction benefits are indicated quantitatively and also calculated in monetary value in TOSHIBA TEC’s environmental accounting.
For environmental protection costs, capital investments of approximately 150 million yen and expenses of approximately 1.09 billion yen were made on a consolidated basis. Active investments were made toward global warming prevention and energy-saving measures.
Expenses were reduced by 190 million yen, relative to the previous year.
Benefits resulted in 1.2 billion yen. Greater benefits arose from the reduction of environmental impacts at the product usage stage, for actual benefits and risk reduction benefits.
We will further improve the precision of aggregation including costs and benefits.
Aggregation Target: Three TOSHIBA TEC production sites, Head Office, four production affiliates in Japan and six production affiliates outside Japan
Aggregation period: April 1, 2007 to Mach 31, 2008
* Costs and Benefits (1.3 MB - PDF version)
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