The Shindengen Group has introduced environmental accounting to better promote effective environmental management. It identifies and discloses environmental conservation costs and benefits quantitatively (economic benefits in monetary values and environmental impacts in physical units).
The below figures are calculated or estimated according to our own standards and the Environmental Accounting Guidelines by the Ministry of the Environment, Japan.
Environmental Conservation Cost
|Category||Description||FY 2018||FY 2019|
|1. Business area cost||235||275||129||426|
|Breakdown||Pollution prevention cost||Prevention of air or water pollution costs||30||131||2||174|
|Introduction of energy-saving facility costs||201||30||122||
|Recycling, disposal costs||Recycling or disposal of industrial waste costs||4||114||5||151|
|2. Upstream/downstream cost||Cost of green procurement, and cost of analytical instruments||1||83||0||7|
|3. Administration cost||Environmental education fees, certification costs, and internal audit costs||0||291||0||298|
|4. R&D cost||Development of smart energy management system, power conditioner for solar power generation, ECU with idling function, and chargers for EV/PHEV||
|5. Social activity costs||Participation in local community environmental activities||0||4||0||
|6. Environmental remediation costs||Remediation of contaminated soil and groundwater||34||68||0||56|
Notes: Some numbers are estimates. Totals are subject to rounding differences.
Environmental Conservation Benefit
Economic benefit associated with environmental conservation activities
|Item||FY 2018||FY 2019|
|Revenue||Revenues from sale of recycled products||223||312|
|Expense reduction||Energy expense savings from energy conservation (electricity, fuel oil, etc.)||28||50|
|Disposal cost savings from reduced material usage or recycling||0||5|
|Other expense savings from environmental improvements||2||
Environmental Conservation Benefit (physical quantities)
|Item||Unit||FY 2018||FY 2019|
|Fuel oil consumption||ｋℓ||1,819||1,604|
|Amount of waste||t||832||520|
|Amount of material recycled||t||4,599||5,027|
*CO2 emission factors of Japanese electric power:We use the emission factors of electric power company published by the Ministry of the Environment and the Ministry of Economy, Trade and Industry.
*CO2 emission factors of overseas electric power:We use emission factors of each country announced by the GHG Protocol (Greenhouse Gas Protocol Initiative).