● Internalization of external diseconomies
Toshiba’s current environmental accounting is basically an initiative aimed at minimizing external diseconomies, in which
data on costs required for environmental conservation activities is collected to analyze effects on investments. However,
environmental impacts due to business activities cannot be
reduced to zero. For this reason, we are considering visualizing external diseconomies by assessing final environmental
impacts as monetary values and to recognize (or internalize)
them as required costs for environmental renewal.