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
The Code of Ethics of Nomura Group states, "Nomura Group is committed to acting in an environmentally responsible manner and should, therefore, approach environmental issues positively." Based on this commitment, in 2009, we created both our Environmental Statement and Environmental Policy and, with the Environmental Activities Working Group as the core, we are proactively working to reduce the environmental impact of our business activities.
- The Nomura Group believes a healthy environment is the foundation of stable economic and social conditions for future generations.
- We are committed to acting in an environmentally responsible manner and should therefore approach environmental issues positively.
- We encourage investment and constructive engagement in environmentally friendly goods and services.
- We will assess environmental risks and continually strive to minimize pollution and improve the environment.
- We will comply with relevant environmental laws and regulations and engage with external stakeholders on environmental issues.
- We are committed to reducing waste and conserving energy and natural resources to minimize the impact of our footprint on the environment.
- We will communicate this policy to all employees to raise awareness of environmental issues and encourage environmentally friendly initiatives.
- We make this policy available for public review.
Environmental Management Structure
In Japan, we have established an environmental management system (EMS) and are implementing comprehensive environmental preservation activities to deal with environmental risks and issues. Our Environmental Activities Working Group, which is a Group-wide organization, meets once a month to monitor the progress of environmental preservation activities. Also, to make sure the plan, do, check, action (PDCA) management approach is functioning, internal environmental audits are conducted periodically. We carry out "checks of environmental initiatives" on a nationwide basis in Japan and work to increase the effectiveness of our EMS. In addition, the Head of Environmental Affairs conducts reviews of these activities, confirms and assesses progress toward reaching objectives, and aims for continuing improvements. Reports are made to the ESG Committee regarding risks and opportunities related to environmental issues. Our offices around the world are engaging in environmental initiatives. Our London headquarters building has maintained ISO 14001 certification since 2007 following an audit performed by a local accreditation body. In addition, it obtained ISO 50001 certification, a new international standard for energy management in 2015,
Nomura Group Environmental Management Framework
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. In line with the target to reduce CO2 emissions per square meter in FY2030/31 by 20% or more from FY2009/10 in Japan, the Group is working to conserve resources and energy (Consumption in FY2016/17: 89.8kg-CO2/m², reduced 20.4% from FY2009/10, definitions and methods follow the guidelines established by Japan's Ministry of the Environment (MOE)). In addition, our business sites in EMEA have set targets to reduce CO2 emissions in FY2020/21 by 34% compared to FY2011/12.
To deepen the understanding of environmental issues and conduct related educational programs, we have held an annual environmental training program for all Nomura Group employees since 2009. In FY2016/17, 98.3% of employees in Japan participated in this program. Moreover, we stream information over the Group intranet and host events to raise the awareness of environmental matters.
Nomura Group Environmental Objectives and Progress (Japan)
* Please scroll horizontally to look at table below.
|FY2016/17 targets||Assessment||FY2017/18 targets|
|Reduce domestic Nomura Group CO2 emissions per square meter of floor space by 20% or more from FY2009/10||
|Reduce domestic Nomura Group CO2 emissions per square meter of floor space by 20% or more from FY2009/10|
|Reduce the CO2 emissions per mileage driven of leased vehicles of Nomura Securities from the previous year||
|Reduce the CO2 emissions per mileage driven of leased vehicles of Nomura Securities from the previous year|
|Reduce the waste emissions volume at principal offices from FY2013/14||
|Reduce the waste emissions volume at principal offices from FY2013/14|
|Effective use of
|Have green products account for 85% of supplies request system items||
Purchase ratio: 92.09%
|Have green products account for 85% of supplies request system items|
|Reduce use of copy paper (as measured by the annual volume purchased) from the previous year||
|Reduce use of copy paper (as measured by the annual volume purchased) from the previous year|
|Encourage electronic document delivery service||
Accounts accepting electronic document delivery: 1.38 million
|Encourage electronic document delivery service|
Nomura's main businesses
|Increase the number of financial products and services that help resolve social issues||
Pursued underwriting and sales of JICA Bonds and NRI Green Bond to promote "social contribution-type investments"
|Increase the number of financial products and services that help resolve social issues|
CO2 emissions: These figures are the volume of CO2 emissions accompanying the use of electricity, city gas, heavy oil, diesel fuel, kerosene, LPG, steam, and hot/cold water. Electric-power related CO2 emissions were calculated using emissions factors for the base year of FY2009/10 for each electric power utility.
Green products account: Compiled from data in internal systems on office supplies purchased
Use of copy paper: Compiled from the volume of copying paper used (annual volume) in Nomura Securities