Environmental management

The Nomura Group is working to lower its overall environmental impact. We have established an environmental management system to drive comprehensive efforts in Japan, and our business offices across the globe are taking initiatives to manage their environmental footprints. We have expanded our disclosure globally, and report group environmental targets and achievements.

Environmental Statement and Environmental Policy

All our employees engage in activities aligned with our Environmental Statement and Environmental Policy, both established in 2009, which are based on our commitment to environmental issues as stated in our Code of Ethics.

• Code of Ethics

Environmental Management Structure

Under the leadership of the Environmental Activities Working Group, we systematically and comprehensively conduct environmental preservation activities through an environmental management system (EMS) based on PDCA (Plan-Do-Check-Act) cycles.

The Environmental Activities Working Group in Japan collaborates with environmental managers at each of our business locations in EMEA, the Americas and AEJ to ensure that environmental information is collected on a worldwide basis.

The scope of environmental information disclosed for fiscal 2010 includes Nomura Group locations in Japan, EMEA and India. For fiscal 2011, we have expanded this scope to include our primary locations in AEJ and the Americas.

Nomura International PLC, our UK subsidiary, has maintained ISO 14001 certification of its environmental management system at its former London headquarters at 1 St. Martin's-le-Grand since August 2007 based on assessment by the British Standards Institution. In August 2010, 1 Angel Lane, the new London headquarters, was also certified to ISO 14001 following an intensive audit.

• Environmental performance data

Environmental management structure

Environmental targets

We set environmental goals for each year and closely manage the progress of our environmental preservation activities. Environmental goals are set for each region, and the Environmental Activities Working Group checks to see if these targets are met. Moreover, the Head of Environmental Affairs reviews activities at the end of each fiscal year to assess the relative achievement of environmental goals and ensure continuous improvements are being made.

To ensure the effectiveness of the group environmental management system, we conduct an environmental training program for all Nomura Group employees, in which 85% of employees participated in Japan in fiscal 2011, and an environmental efforts status review, which garnered a 92% response rate in Japan in fiscal 2011.

In the UK, we established a new goal to achieve a 10% reduction in CO2 emissions over the next three years compared to our fiscal 2011 level.

Fiscal 2011 environmental objectives and progress, fiscal 2012 targets (Japan)

table:Fiscal 2011 environmental objectives and progress, fiscal 2012 targets (Japan)

Fiscal 2011 targets		Assessment	Fiscal 2012 targets
Reduction of greenhouse gas emissions	Lower CO2 emissions at Nihonbashi head office to 20% below fiscal 2002 level	Reduced 49.0%	Lower CO2 emissions at Nihonbashi head office to 25% below fiscal 2002 level
	Fuel-efficient, low-pollution vehicles to account for 80% of fleet	82.9% of vehicles replaced	Have fuel-efficient, low-pollution vehicles to account for 80% of fleet
	Raise waste recycling rate at Nihonbashi head office to 90%	Recycling rate:89.5%	Raise waste recycling rate at Nihonbashi head office and Nagoya Branch to 87%
Promotion of green purchasing	Green products to account for 75% of supplies request system items	Green products accounted for 77.1% of purchase	Have green products account for 75% of supplies request system items
Reduction of paper usage	Reduce use of paper per person bought through supplies request system to 20% below fiscal 2006 level	Reduced 41.4%	Reduce use of paper per person bought through supplies request system to 25% below fiscal 2006 level
	Increase number of accounts that accept prospectuses in electronic form by promoting electronic documentation	Number of accounts increased to 1.29 million	Increase number of accounts that accept prospectuses in electronic form by promoting electronic documentation
	Reduce use of paper for internal forms by promoting electronic documentation of confirmation forms	179 types of forms digitized on the application and approval system (Savings of 140 thousand sheets of paper)	Reduce use of paper for internal forms by promoting electronic documentation of confirmation forms
Promulgation of environmental business			Expand the number of products and services that help resolve social issues