Environmental Accounting
1. Policy, Scope, and Underlying Assumptions
(1) Policy
JSR introduced environmental accounting in FY1999 with the following two objectives.
- 1.To strive to quantify the amount of resources invested into the environment and implement sound measures for the environment.
- 2.To publish environmental accounting and increase corporate transparency.
(2) Scope
JSR Corporation - JSR Head Office, Yokkaichi Plant, Tsukuba Research Laboratories, and JSR BiRD (as of March 31, 2023).
(3) Target Period
April 1, 2022 - March 31, 2023
(4) Underlying Assumptions regarding Aggregation and Calculation
- 1.Calculations are performed in accordance with the Environmental Accounting Guidelines, 2005 edition (Ministry of the Environment of Japan) and environmental guidelines used in the chemical industry (issued by the Japan Chemical Industry Association and the Japan Responsible Care Council).
- 2.While the calculation of costs was based mainly on actual results, the calculation of some expenses was based on underlying assumptions.
- 3.Economic effects were substantial and did not include conversions of risk aversion effects or deemed effects into monetary amounts.
2.Environmental Protection Costs
Classification | Content of main activities | Investment | Expense | |||
---|---|---|---|---|---|---|
FY2021 | FY2022 | FY2021 | FY2022 | |||
(1) Business area costs | 157 | 54 | 4,351 | 347 | ||
Breakdown | (1)-1 Pollution prevention costs | Investments: Air and soil pollution prevention facilities, etc. Expenses: Odor and air pollution prevention costs, etc. |
57 | 23 | 1,864 | 78 |
(1)-2 Global environmental protection costs | Investments: Switch to LED lighting, air conditioning upgrade, transformer upgrade Expenses: Prevention of ozone depletion, etc. |
46 | 31 | 742 | 14 | |
(1)-3 Resource circulation costs | Investments: None Expenses: Industrial waste recycling, disposal, etc. |
54 | 0 | 1,745 | 255 | |
(2) Upstream/downstream costs | 0 | 0 | 0 | 0 | ||
(3) Management activity costs | Expenses: Environmental management system maintenance and operational costs, information disclosure, labor costs for environmental conservation measures, etc. | 1 | 0 | 496 | 200 | |
(4) Research and development costs | Expenses: Development of environmentally friendly products, tests for legal applications, etc. | 0 | 0 | 1,551 | 1,114 | |
(5) Social activity costs | Expenses: Donations to environmental protection organizations, support for ICETT, etc. | 0 | 0 | 40 | 23 | |
(6) Environmental pollution response costs | 0 | 0 | 1 | 0 | ||
Total | 158 | 54 | 6,439 | 1,684 |
Note: The business site was reduced in size due to a company split, resulting in some items being drastically different in FY2022 compared to the previous year.
3. Economical Effects of Environmental Protection Measures
-Substantial Effect-
Effect (for one year) | Benefit | ||
---|---|---|---|
FY2021 | FY2022 | ||
Cost reduction | By saving energy | 53 | 9 |
By saving resources | 0 | 0 | |
By treating waste on-site | 770 | 0 | |
Total | 823 | 9 |
4. Consolidated Accounting
Investments | Expense | Benefit | ||||
---|---|---|---|---|---|---|
FY2021 | FY2022 | FY2021 | FY2022 | FY2021 | FY2022 | |
JSR |
158 | 54 | 6,439 | 1,684 | 823 | 9 |
Domestic Group companies total |
176 | 193 | 1,865 | 1,878 | 185 | 34 |
Total* | 334 | 247 | 8,304 | 3,563 | 1,008 | 43 |
* Total of JSR Corporation and 8 Group companies