Climate Change Data

Nomura Holdings, Inc.

Climate Impact & Sustainability Data (2003-04-01 to 2004-03-31, 2004-04 to 2005-03, 2005-04 to 2006-03, 2007-04 to 2008-03, 2010-04 to 2011-03, 2022, 2023-24)

Reporting Period: 2003-04-01 to 2004-03-31

Environmental Metrics

Total Energy Consumption:10,000,000 kWh (head office only)
Water Consumption:50,000 m3 (head office only)

ESG Focus Areas

  • Economy
  • Society
  • Environment

Environmental Achievements

  • Minimized energy consumption by limiting lighting and air conditioner usage, selecting energy-efficient products, and promoting public transportation.
  • Achieved a high waste recycling rate at the head office, with plans to expand efforts to reduce and reuse waste.
  • Introduced a shuttle bus service powered by an electric motor.

Social Achievements

  • Provided grants totaling approximately ¥400 million to educational programs.
  • Offered lectures on securities at over 110 universities, reaching more than 20,000 students.
  • Supported various cultural and art activities through the Nomura Cultural Foundation.
  • Implemented programs to improve employee mental health, including consultations and a counseling hotline.
  • Offered more generous maternity, childcare, and family care leave than legally required.

Governance Achievements

  • Adopted the Committee System in 2003 to improve management transparency and strengthen corporate governance.
  • Established an Audit Committee, including outside directors, to oversee business execution.
  • Established a Compliance Hotline to report questionable acts.
  • Developed a uniform compliance structure across Group companies.
  • Revised information and disaster management measures.

Climate Goals & Targets

Environmental Challenges

  • Need to further reduce energy consumption and waste generation.
  • Need to address environmental conservation more comprehensively, including reducing CO2 emissions.
  • Need for proactive policies to address social aspects of CSR beyond legal compliance.
Mitigation Strategies
  • Designing a Group-wide environmental management system.
  • Implementing a system to raise awareness among executives and employees of environmental conservation.
  • Using the website and other forums to inform the public of measures being adopted.

Supply Chain Management

Responsible Procurement
  • Green Procurement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, GRI Sustainability Guideline (2002 Edition)

Awards & Recognition

  • Mecenat Award for Outstanding Cultivation of the Arts

Reporting Period: 2004-04 to 2005-03

Environmental Metrics

Total Carbon Emissions:3,430 tons/year (CO2)
Total Energy Consumption:16,083 thousand kWh/year

ESG Focus Areas

  • Corporate Governance
  • Environmental Conservation
  • Financial Literacy
  • Community Engagement
  • Employee Well-being
  • Human Rights

Environmental Achievements

  • Reduced power consumption at the head office by 14.7% (approximately 7.66 million kWh) in the 3-year period through fiscal 2004. Total carbon dioxide emissions dropped by 18%
  • 61% of leased vehicles in Japan were low-emission models
  • Implemented “green” purchasing policies
  • Improved office facilities to reduce water usage

Social Achievements

  • Established a Women's Financial Planning Section
  • Launched financial literacy programs for various age groups, reaching over 40,000 participants
  • Supported community initiatives through donations and sponsorships
  • Revised personnel system to create a more motivating and worker-friendly environment

Governance Achievements

  • Transitioned to a committee system of corporate governance
  • Established a new CSR Section
  • Strengthened internal controls and compliance systems
  • Implemented a Group-wide crisis management platform

Climate Goals & Targets

Long-term Goals:
  • Achieve an average consolidated ROE of 10-15% over the mid- to long-term horizon
Short-term Goals:
  • Increase assets under custody to ¥50 trillion by March 2007

Environmental Challenges

  • Increasingly diverse and sophisticated customer needs
  • Intensifying competition with other financial institutions
  • Need to improve environmental conservation efforts
  • Need to enhance financial literacy in the community
  • Need to address the growing gap in income between countries and individuals
Mitigation Strategies
  • Developed new products and services to meet diverse client needs
  • Implemented a new personnel system
  • Established a working group to examine environmental policies
  • Launched various financial literacy programs
  • Established the SRI Research Group to study socially responsible investment

Supply Chain Management

Responsible Procurement
  • Consideration of the environmental track record of prospective suppliers when making purchasing decisions

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Reporting Initiative's Sustainability Reporting Guidelines (2002)

Awards & Recognition

  • Mecenat Award for Outstanding Promotion of the Arts (1999)

Reporting Period: 2005-04 to 2006-03

Environmental Metrics

Total Carbon Emissions:3,687 tons (2006)
Renewable Energy Share:50% (Nihonbashi HQ), 100% (Takanawa training facility)

ESG Focus Areas

  • Global Warming
  • Financial and Economic Literacy
  • Corporate Governance
  • Compliance
  • Community Involvement
  • Culture and Arts
  • Workplace Environment
  • Human Rights

Environmental Achievements

  • Purchased 5.9 million kWh of certified green power annually, becoming the largest consumer of certified green power in Japan.
  • Reduced CO2 emissions by 6.5% (268 tons) compared to the previous year's target.
  • Achieved a 98.3% paper recycling rate at Nihonbashi headquarters.
  • Reduced water usage through improved facilities and water-efficient systems.
  • Reduced CO2 emissions in London by 15.3% compared to 2001.

Social Achievements

  • Developed and distributed educational materials on finance and economics to schools and libraries.
  • Offered financial literacy seminars at over 120 universities in Japan and overseas.
  • Launched the Baby Boomer Project to provide asset management solutions for the retiring generation.
  • Implemented a re-employment system for employees reaching retirement age.
  • Improved accessibility features on the Nomura Group website.

Governance Achievements

  • Implemented aggressive reforms to ensure management transparency.
  • Transitioned to a committee-based system of corporate governance.
  • Established a Group Information Security Committee.
  • Enacted a Code of Ethics applicable to all directors, officers, and employees globally.
  • Established a Crisis Management Committee.

Climate Goals & Targets

Long-term Goals:
  • Contribute to the creation of a sustainable society.
Medium-term Goals:
  • Achieve further reductions in greenhouse gas emissions.
  • Expand financial literacy programs.
Short-term Goals:
  • Reduce power consumption and increase energy efficiency.
  • Increase the rate of environmentally friendly purchasing.

Environmental Challenges

  • Difficulty in making significant cuts in CO2 emissions due to the nature of the business.
  • Negative public image of the investment and securities business.
  • Need to improve financial literacy among the general public.
  • Managing indirect economic, environmental, and social impacts resulting from activities.
Mitigation Strategies
  • Purchased Green Power Certificates to reduce CO2 emissions.
  • Launched various financial literacy initiatives, including educational materials and seminars.
  • Strengthened corporate governance and internal controls.
  • Established clear policies and procedures for managing risks and impacts.

Supply Chain Management

Responsible Procurement
  • Green purchasing policies

Climate-Related Risks & Opportunities

Opportunities
  • Investment in clean technologies

Reporting Standards

Frameworks Used: Global Reporting Initiative Sustainability Reporting Guidelines (2002)

Awards & Recognition

  • First Barrier-Free Town Creation Prize (Ota Branch)
  • Letter of appreciation from Tokyo Metropolitan government for waste reduction and recycling

Reporting Period: 2007-04 to 2008-03

Environmental Metrics

Total Carbon Emissions:32,816 tCO2e (2007)
Renewable Energy Share:50% (Nihonbashi HQ)
Waste Generated:14,259 tons (2007)

ESG Focus Areas

  • Corporate Governance
  • Customer Relations
  • Community Relations
  • Employee Relations
  • Environmental Conservation

Environmental Achievements

  • Annual purchase of 5.9 million kWh of green electricity.
  • 20% reduction in CO2 emissions vs. FY2001 at Nihonbashi Headquarters.
  • 92.6% waste recycling ratio (Nihonbashi HQ).
  • 98% paper recycling ratio (Nihonbashi HQ).
  • Nomura International plc achieved ISO14001 accreditation.
  • Nomura International plc won a Platinum Award at the Fiscal 2007 Clean City Awards.

Social Achievements

  • Distribution of 200,000 copies of supplementary textbook “The T-Shirt Shop” for financial education.
  • Publication of supplementary textbook “The Economics Classroom” for elementary school students.
  • Support for the Pacific Music Festival (PMF) since 1990.
  • Over 160,000 participants in financial seminars as part of lifelong learning programs.
  • Various community involvement activities in Japan and overseas (e.g., charity runs, food aid, volunteer work).

Governance Achievements

  • Implementation of measures to prevent insider trading following an incident.
  • Establishment of a committee-based corporate governance system.
  • Establishment of the CSR Committee to promote CSR at the management level.
  • Formulation of Nomura Group’s Code of Ethics.
  • Establishment of a Group Compliance Officer position.

Climate Goals & Targets

Long-term Goals:
  • Continue to reduce CO2 emissions.
Medium-term Goals:
  • Increase green procurement ratio to 75%.
Short-term Goals:
  • Achieve further reductions in energy consumption.

Environmental Challenges

  • Insider trading incident undermining public trust.
  • Need to improve financial and economic literacy among Japanese children.
  • Need to reduce environmental impact of operations.
Mitigation Strategies
  • Implemented measures to prevent insider trading (enhanced internal controls, ethics training).
  • Developed and distributed educational materials on finance and economics.
  • Implemented various environmental conservation initiatives (green purchasing, energy efficiency improvements, waste reduction).

Supply Chain Management

Responsible Procurement
  • Green purchasing initiatives

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (Nomura International plc)

Awards & Recognition

  • Governor’s Award (Tokyo Metropolitan Government Global Warming Initiative)
  • Platinum Award (Clean City Awards)
  • Gold Prize (Kids Design Awards)

Reporting Period: 2010-04 to 2011-03

Environmental Metrics

Total Carbon Emissions:45,745 t-CO2e (Japan); 23,985 t-CO2e (London); 1,865 t-CO2e (Europe & Middle East); 16,917 t-CO2e (India)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:90,991 thousand kWh (Japan); 44,800 thousand kWh (London); 6,396 thousand kWh (Europe & Middle East); 17,813 thousand kWh (India)
Water Consumption:204 thousand m3 (Japan); 101 thousand m3 (London); 36 thousand m3 (India)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Responsible Business
  • Business for Sustainability
  • Citizenship

Environmental Achievements

  • Reduced CO2 emissions at Nihonbashi head office by 31.6% below fiscal 2002 level
  • Increased waste recycling rate at Nihonbashi head office to 91.3%
  • Reduced paper use by 156,000 sheets by eliminating and digitizing internal forms
  • Purchased green power certificates equivalent to 100% of annual electricity consumption at Nihonbashi head office

Social Achievements

  • Launched the East Japan Revival Support Bond Fund to assist reconstruction efforts
  • Donated a portion of trust fees from the East Japan Revival Support Bond Fund to disaster relief
  • Provided financial and economics education programs to approximately 580,000 participants
  • Raised over £1,000,000 for Teenage Cancer Trust in the UK
  • Won the Dragon Award for excellence in Community Affairs in London

Governance Achievements

  • Instituted a committee-based corporate governance system with a majority of outside directors
  • Strengthened risk management structure by conducting stress and scenario analyses
  • Established a Compliance Committee chaired by the Group CEO to oversee groupwide initiatives

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce greenhouse gas emissions at Nihonbashi head office to 20% below fiscal 2002 level
  • Increase fuel-efficient, low-pollution vehicles to 80% of fleet

Environmental Challenges

  • Addressing social and environmental risks arising from various transactions
  • Managing reputational risks
  • Meeting the diverse needs of clients in a changing social and economic environment
  • Revitalizing regional economies in Japan
Mitigation Strategies
  • Reviewing and confirming issuers' awareness of potential risks to society and the environment
  • Developing new forms of investment to meet client needs
  • Establishing Nomura Agri Planning & Advisory Co., Ltd. to support agribusiness development
  • Collaborating with local governments, universities, and businesses to revitalize local communities

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Green purchasing initiatives (74.3% of purchases were green products)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Investing in renewable energy and energy efficiency projects

Reporting Standards

Frameworks Used: GRI (G3)

Certifications: ISO 14001 (Nomura International plc)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • IFC Green Bonds
  • East Japan Revival Support Bond Fund

Awards & Recognition

  • Dragon Award
  • Business Charity Awards
  • Clean City Award
  • Business in the Community, Education Award for Excellence
  • Tokyo Metropolitan Government Global Warming Countermeasures Plan Award for Excellence

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Over 50% in 2021 at main global offices; aiming for 100% by 2030
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Diversity, Equity & Inclusion
  • Sustainable Finance
  • Financial Literacy
  • Regional Revitalization
  • Business Succession
  • Governance

Environmental Achievements

  • Commitment to net-zero GHG emissions from own operations by 2030 and net-zero GHG emissions from lending and investment portfolios by 2050.
  • Target of $125 billion in sustainable financing over five years through March 2026.
  • Increased use of renewable energy at main global offices (over 50% in 2021, aiming for 100% by 2030).
  • Established an environmental management system in Japan and promotes environmental initiatives globally (e.g., ISO 14001 and ISO 50001 certifications in London office).

Social Achievements

  • Launched the TASUKI Project in July 2022 to contribute to SDG-related projects carried out by local governments.
  • Provided financial education programs for people of all ages, reaching 1,075,000 participants in FY2021/22.
  • Established the Financial Well-being Dept. in April 2022 to strengthen financial education capabilities.
  • Initiatives to promote women's participation and advancement, including securing a human resource pool and hiring experienced professionals for executive and managerial positions.
  • Received the Gold Award in the PRIDE Index for LGBTQ+ workplace initiatives for six consecutive years.

Governance Achievements

  • Sustainability Committee chaired by the Group CEO, responsible for formulating business policies and determining activities concerning sustainability risks and opportunities.
  • Establishment of a Sustainability Council as an advisory body to the Sustainability Committee.
  • Supports the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero GHG emissions in lending and investment portfolios by 2050.
Medium-term Goals:
  • Achieve net zero GHG emissions from own operations by 2030.
  • Achieve 100% renewable energy for electricity used in offices by 2030.
  • Set GHG emissions reduction targets for high-impact sectors by 2030.
Short-term Goals:
  • Increase the use of renewable energy to over 70% by 2024 at main global offices.

Environmental Challenges

  • Climate change risks and opportunities (physical and transition risks).
  • Business succession needs in Japan due to an aging population.
  • Need for improved financial literacy.
  • Promoting diversity, equity, and inclusion.
Mitigation Strategies
  • Conducting credit risk exposure analysis related to climate change and scenario analysis.
  • Setting net-zero targets and a target amount of sustainable financing.
  • Collaborating with Japan Search Fund Accelerator (JaSFA) on the Japan Search Fund Platform (JSFP) to address business succession needs.
  • Strengthening financial education programs.
  • Implementing diversity, equity, and inclusion initiatives across the group.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Green purchasing of office supplies

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Expansion of financing, consulting, advisory, and asset management opportunities related to decarbonization.

Reporting Standards

Frameworks Used: TCFD, UN Global Compact

Certifications: ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • ESG/SDGs investment products

Awards & Recognition

  • Gold Award in the PRIDE Index (6 consecutive years)
  • Rainbow Award (2021)
  • Excellence Award at the Consumer Education Materials Awards 2022
  • 3rd Japan Childcare Support Grand Prize

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:21,927 tCO2e/year (Scope 1 & 2 FY2023/24)
Scope 1 Emissions:2,423 tCO2e/year (FY2023/24)
Scope 2 Emissions:19,504 tCO2e/year (FY2023/24)
Renewable Energy Share:74.0% (FY2023/24)

ESG Focus Areas

  • Climate Change
  • Sustainable Finance
  • Social Contribution
  • Human Rights
  • Financial Education

Environmental Achievements

  • Reduced GHG emissions from own operations by approximately half compared to FY2020/21, reaching 21,927 t-CO2e in FY2023/24.
  • Achieved 74.0% renewable energy use in FY2023/24, exceeding the 70% target for FY2025/26.
  • Initiated decarbonization verification project in agriculture using advanced technology.

Social Achievements

  • Provided financial education to 1,104,433 participants in FY2023/24.
  • Donated 1,140,449 books by end of March 2024.
  • Conducted Global Charity Challenge, donating to health promotion and social contribution activities.
  • Provided relief aid following the Noto Peninsula and Eastern Taiwan earthquakes.

Governance Achievements

  • Established a Sustainability Committee chaired by the Group CEO.
  • Established a Sustainability Forum for cross-departmental discussions.
  • Appointed a Chief Sustainability Officer (CSuO) in 2023.
  • Established a Human Rights Policy in May 2023.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero GHG emissions from lending and investment portfolio (Scope 3 Category 15) by FY2050/2051.
Medium-term Goals:
  • Achieve a 55% SBT portfolio coverage ratio by FY2025/26.
  • Achieve an interim target for financed emissions in the Power Generation sector by FY2030/2031 (in line with IEA NZE scenario).
Short-term Goals:
  • Achieve net-zero GHG emissions for own operations by FY2030/2031.

Environmental Challenges

  • Data quality for GHG calculation in financed emissions is still evolving.
  • Achieving net-zero GHG emissions from lending and investment portfolios (Scope 3 Category 15) by 2050/2051.
Mitigation Strategies
  • Established a governance structure to monitor emissions and manage the ratio of renewable energy-related lending and investments.
  • Published a Net Zero Transition Plan to achieve net zero in financed emissions.
  • Improving data sourcing and calculation methodologies for financed emissions.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NZBA, GHG Protocol, PCAF

Certifications: ISO 14001

Awards & Recognition

  • Bronze Award in the financial services sector (securities sector) at the 5th ESG Finance Awards Japan