Environmental Accounting

Toray has been practicing environmental accounting since 1999, to track investments and gauge their cost effectiveness.

Fiscal 2015 Environmental Accounting Report (Toray)

In fiscal 2015, Toray’s environment-related investment amounted to 2.70 billion yen, a 0.46 billion yen increase compared to the previous year. Cost totaled 6.56 billion yen, a decrease of 0.52 billion yen compared to the previous year.

Fiscal 2015 Environmental Accounting Report (Toray)

Expenses
Item Subcategory and description Investment
(million yen)
Cost
(million yen)
Business area costs Pollution prevention costs Air (including CFC countermeasures) 364 2,046
Water quality 1,190 2,118
Noise and vibration 2 2
Greening 5 277
Odors and other 217 194
Global environment conservation costs Energy conservation and combating global warming 838 -
Resource recycling costs Industrial waste reduction, recycling, disposal, and PCB waste disposal services 59 1,331
Upstream and downstream costs Product recycling 20 5
Container and package recycling 0 1
Management activity costs Indirect labor costs, ISO certification and maintenance, environmental communications, and education 0 335
Social initiative costs Regional initiatives, support for organizations, etc. 0 46
Environmental remediation costs SOx fines, soil purification, etc. 0 202
Total 2,695 6,557
Effectiveness
Item Amount (million yen)
Financial effects Reduction in energy costs 565
Reduction in industrial waste disposal costs 25
Sale of valuable recycled resources with monetary value 686
Quantitative environmental effects Reduction of greenhouse gas emissions 12,500 tons-CO2eq

Environmental Facility Investment and Environmental Conservation Costs (Toray)

Environmental Facility Investment and Environmental Conservation Costs (Toray)

Facility Investment in Safety, Health, Accident Prevention, and Environmental Preservation Projects (Toray Group)

The Toray Group reports on its investments relating to safety, accident prevention, and health. In the area of safety, Toray continued to make investments including equipment security upgrades and disaster prevention projects such as seismic reinforcement of buildings. Environmental investments included the installation of emergency pits to prevent an accidental outflow of irregular wastewater and expansion of wastewater treatment facilities at the No.2 Plant of Luckytex (Thailand) Public Company Limited.

Fiscal 2015 Facility Investment in Safety, Health, Accident Prevention, and Environmental Preservation Projects (Toray Group)

Fiscal 2015 Facility Investment in Safety, Health, Accident Prevention, and Environmental Preservation Projects (Toray Group)

Toray Environmental Accounting Standards

  • Some categories were changed based on the Ministry of the Environment’s Guidelines for FY2005.
  • Only economic effects that can be determined with a high degree of certainty are included in the calculation. Presumed effects are not included.
  • Capital investment also includes facility investments for which environmental preservation is not the main objective. Capital investment resulting from leases is also included. Expenses include labor costs and depreciation. However, internal labor costs related to local volunteer activities are not included.
  • Energy cost reduction figures show the amount of reduction for the 12 months after the completion of an energy conservation facility. Expenses are not recorded as they are deducted when the effect is calculated.
  • Waste disposal cost reduction figures show the amount of reduction achieved through waste reduction efforts and resource recycling for 12 months after the measures are undertaken.
  • Effects of reducing greenhouse gas emissions are measured over a 12-month period following the completion of measures or facilities to conserve energy.