Efforts to Address Climate Change
The proper management of climate change risk and the promotion of measures to deal with global warming will lead to solutions to social problems and will contribute to maintaining and increasing corporate value. Nomura Group, as a multinational corporation with offices around the world, is making every effort to help resolve climate change issues through its business activities and to reduce the impact of its business activities on the natural environment.
We collect and disclose environmental information, and, since FY2009/10, we have introduced third-party assurance verifications to ensure the reliability of this information. Moreover, Nomura participates in the "Project for Improving the Basis for Disclosure of Environmental Information." Nomura also engages in initiatives aimed at appropriate environmental information disclosure. In each region, based on the regulations established by local governments, we prepare plans for dealing with global warming and submit these to the government authorities.
Reducing power consumption
We are reducing power consumption at Group-owned buildings under an ongoing program of replacing electrical equipment and air-conditioning equipment with energy-saving models and managing these with greater efficiency. For example, we are encouraging the replacement of air-conditioning units with more efficient models and implementing energy-saving operations by reducing hours of usage and adjusting room temperature settings. We are also actively working to reduce power consumption from lighting, as Nomura Asset Management changed over all of its lighting at its head office building and the Daiichi Edobashi Building to LED in fiscal 2011. We are also lowering emissions from our heating systems by replacing oil-fuelled models with gas-powered units.
Expanding the use of green energy
Nomura Group is working to lighten the impact of its activities on the environment through the purchase of green power. Our purchases of green power began domestically in 2006, and these reached a cumulative total of 74.76 million kWh. Beginning in 2014, we have set a goal of continuing these purchases of green power (from biomass power generation and other green sources) until March 2020, and it will be allocated to our principal domestic offices (located in Nihonbashi in Tokyo, Osaka, and Nagoya). In addition, in several of the EMEA offices, most of the electric power is generated by renewable energy sources, including hydroelectric power.
Green power purchasing volume
Green Power certificate consumption from Nomura Group events
* Please scroll horizontally to look at table below.
|January 2013||Nomura New Year Reception "Japan in the World"||Tokyo / Nagoya / Osaka / Sapporo / Fukuoka||3,600|
|May 2013||32nd Central Bank Seminar||Tokyo||3,100|
|December 2013||Nomura Investment Forum 2013||Tokyo||10,200|
|December 2013||Nomura IR Individual Investor Fair 2013||Tokyo||7,000|
|January 2014||Nomura New Year Reception "Japan in the World"||Tokyo / Nagoya / Osaka / Sapporo / Fukuoka||3,600|
|April 2014||33rd Central Bank Seminar||Tokyo||3,000|
|December 2014||Nomura Investment Forum 2014||Tokyo||3,744|
|January 2015||Nomura New Year Reception "Japan in the World"||Tokyo / Nagoya / Osaka / Sapporo / Fukuoka||3,570|
|April 2015||34th Central Bank Seminar||Tokyo||3,400|
|December 2015||Nomura Investment Forum 2015||Tokyo||6,465|
|December 2015||Nomura IR Individual Investor Fair 2015||Tokyo||20,410|
|January 2016||Nomura New Year Reception "Japan in the World"||Tokyo / Nagoya / Osaka / Sapporo / Fukuoka||4,893|
|March 2016||Nomura Holdings, Inc. 90th Anniversary Event||Tokyo||9,205|
|December 2016||Nomura Investment Forum 2016||Tokyo||2,130|
|January 2017||Nomura New Year Reception "Japan in the World"||Tokyo / Nagoya / Osaka / Sapporo / Fukuoka||4,893|
|December 2017||Nomura Investment Forum 2017||Tokyo||2,130|
|January 2018||Nomura New Year Reception "Japan in the World"||Tokyo / Nagoya / Osaka / Sapporo / Fukuoka||4,893|
Responding to Regional Regulations and Policies for Energy
In each region, based on the regulations established by local governments, we prepare plans for dealing with global warming and submit these to the government authorities.
Environmental Security Regulations of the Tokyo Metropolitan Government
Plan for Responding to Climate Change
Under its Environmental Security Regulations, the Tokyo metropolitan government has prepared a Plan for Responding to Climate Change, which is based on the Requirements for Overall Emissions Reduction and Emissions Trading.
Report on Climate Change Policies
Under its Environmental Security Regulations, the Tokyo metropolitan government has prepared and submitted this report since fiscal 2010 based on the System for Reporting on Climate Change Activities of Small and Medium-Sized Companies, which covers stipulated business establishments within the City of Tokyo.
Carbon Reduction Commitment Energy Efficiency Scheme (CRC Scheme)
Under the CRC Scheme* that Nomura International plc (NIP) joined in 2010, NIP was required to purchase and surrender carbon allowances to a value equal to our CO2 emissions from our energy use. NIP formed a Carbon Working Group to ensure compliance with the scheme, to review our operations and define objectives and targets to reduce our energy use and CO2 emissions.
With the implementation of the EUETS Phase III, NIP now report emissions relating to their emergency back-up generators, exempting the Angel Lane Headquarters from the CRC Scheme.
CRC scheme is to be abolished in 2019 and be superseded by an increase in the Climate Change Levy (CCL).This approach is viewed by the Government as a much more efficient way of achieving the same outcome.
The United Kingdom Government introduced the CRC Scheme in 2010 under the Climate Change Act 2008, to improve energy efficiency and cut CO2 emissions. The scheme mandates the reporting and reduction of carbon emissions resulting from the energy use in the business premises of qualifying companies.
European Union Emissions Trading Scheme (EUETS) - Phase III
The EU ETS is the largest multi-country, multi-sector greenhouse gas (GHG) emissions trading system in the world and is central to the EU meeting its 20% emissions reduction target by 2020 and by 80% by 2050, as set out in the Climate Change Act 2008. Under the Regulations, any operator that carries out a "regulated activity" must have a permit. Phase III of the EU ETS came into effect on 1 January 2013 and runs until 31 December 2020. It brings harmonised EU allocation methodologies and covers additional GHGs and emission sources.
As of 1 January 2013, NIP as a qualifying company were required to obtain a permit and implement a monitoring plan for 1 Angel Lane's back-up generators. NIP is required under the EUETS to purchase and surrender carbon allowances to a value equal to the CO2 emissions from our combustion of fuel.
EU Energy Efficiency Directive (EU EED) Article 8
New regulations in Europe require certain organizations to audit their energy use to identify cost-effective energy saving measures. In order to comply with these regulations, the London office implemented various measures and was certified ISO50001 for its Energy Management System in 2015. Audits were completed at other European sites to ensure full compliance to the scheme.
Reducing CO2 emissions from employee travel
Around 99.9% of company vehicles that we lease in Japan are defined by the Ministry of Land, Infrastructure and Transport as low-emission models. Our fleet also includes 301 hybrid vehicles, an increase from 296 in FY2016/17. All newly introduced vehicles in FY2017/18 were low-emission models. We will deploy more such vehicles as existing leases expire. Moreover, we have set targets to reduce the CO2 emissions per mileage driven of leased vehicles of Nomura Securities from the previous year.
In order to promote eco-friendly driving habits, we provide information through our intranet, and implemented a system to monitor the driving practices of drivers. We have also adopted a car sharing system as part of our commitment to effectively utilizing company-owned vehicles.
To further reduce our environmental impact, we use videoconferencing, effectively utilize IT equipment, and cut vehicle and train use, as well as employee travel. In 2017, we introduced a telecommuting system to encourage more flexible work styles. As of March 2006, all our offices in Japan are equipped with videoconferencing systems.
Our German office has also been using a program by Deutsche Bahn, Germany's national railway operator, to run 100% of its trains on renewable energy. As a result, business travel using Deutsche Bahn has been CO2 free since 2011, cutting carbon emissions by 13,474 kilograms in the last 12 months alone.
Participating in BE FREE Tokyo Bicycle Sharing Project
Nomura is a leading partner of the Be Free Tokyo bicycle sharing project. By sharing bicycles that have a low environmental impact, the project aims to help further reduce greenhouse gas emissions.
We believe that bicycle sharing will contribute to the health of users, revitalize the area, and improve the central Tokyo environment. We continue to tackle various economic, social, and environmental issues as part of our efforts to support sustainable communities.
The Be Free Tokyo project aligns with the national Cool Choice campaign being promoted by Japan's Ministry of the Environment.
Participating in Earth Hour 2018
Nomura Group offices globally participated in the World Wildlife Fund's Earth Hour 2018 on March 24. Lights were turned off for one hour starting at 8:30 p.m., local time, while employees were also encouraged to turn off unnecessary lights at home and in the office, allowing the entire group to share a renewed awareness of the importance of saving energy.
Plan Bee -Rooftop Beehive project-
We have hosted beehives on the roof of our offices in London for the past 6 years. Honey bees are vital to sustaining our ecosystem as they pollinate the majority of the fruits, vegetables and crops that end up on our plates. Without the honey bee, our environment could change dramatically. The plight of the honey bee illustrates perfectly the interconnectivity of living things.
We provide personnel the opportunity to learn about the planets eco system through the art of beekeeping with over 4kg of surplus crop harvested from the hives last year.