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Nomura Appointed as Chair of Newly Established “GX Business Working Group” to Build a Framework and Promote Evaluation and Disclosure on Climate-Related Opportunities by GX League
September 30, 2022
Nomura Holdings, Inc.
Tokyo, September 30, 2022 - Nomura Holdings, Inc., established the “GX Business Working Group” in collaboration with 6 leading companies (Nomura Holdings, Inc. being the chair) and 73 member companies.
Towards FY2023’s full operation of GX League1, we will facilitate three functions together with more than 440 supporters of FY 2022 GX League. This working group is one of three GX League’s function, discussion of market creation and rulemaking in the carbon-neutral society, which especially in 2022 aims to create public private collaboration mechanism in rulemaking.
For the realization of carbon neutral society, GX Business Working Group aims to establish an appropriate framework to evaluate Japanese companies’ opportunity, their contribution to climate change. Through the discussion with leaders and members of the working group, we intend to develop a guideline and take initiative on climate-related opportunities by the end of FY2022.
In keeping with its aim to Drive Sustainability, Nomura is committed to helping resolve social issues and creating a more sustainable future. By supporting clients’ sustainability initiatives and the transition to a decarbonized society, Nomura will continue to deliver high added value towards the creation of a truly prosperous society.
1 GX is an abbreviation for Green Transformation. It refers to the transformation of the whole socio-economic system as a country to realize both 2030 GHG emission reduction targets and industrial growth by perceiving related efforts as an opportunity for economic growth. Based on the “Basic Concept” released by Ministry of Economy, Trade and Industry on February 2022, GX League was launched as a mechanism for industry, government, academia and financial institution to create a group of ambitious companies that will discuss, demonstrate and establish a new market and socio-economic system to realize CN in 2050.
[Leaders] *Japanese Syllabary Order
|Nomura Holdings, Inc. (chair)||Development Bank of Japan Inc.|
|DAIKIN INDUSTRIES, LTD.||Panasonic Holdings Corporation|
|Tokio Marine & Nichido Fire Insurance Co., Ltd.||SUMITOMO MITSUI TRUST BANK, LIMITED|
[Members] *Japanese Syllabary Order
|Asahi Kasei Corporation||OSAKA GAS CO., LTD.|
|AstraZeneca K.K.||ALL NEED Inc.|
|Azbil Corporation||OMRON Corporation|
|Idemitsu Kosan Co., Ltd.||Owari Rikuun Co., Ltd.|
|ITOCHU Corporation||Carbon Free Consulting Corporation|
|EY Strategy and Consulting Co., Ltd.||Rating and Investment Information, Inc.|
|Iwatani Corporation||Laboratory of Quality of Life management|
|AGC Inc.||Green Carbon Inc.|
|NTN corporation||Kurita Water Industries Ltd.|
|ENEOS Corporation||Globe-ing Inc.|
|MS&AD Insurance Group Holdings, Inc.||Circular In-finity|
|Sustech, Inc.||Nikko Asset Management|
|Shimadzu Corporation||NISSIN FOODS HOLDINGS CO., LTD.|
|SHOWA DENKO K.K.||NIPPON SHOKUBAI CO., LTD.|
|SUZUKI MOTOR CORPORATION||NYK Line|
|Smart Eco Energy Corporation||Association of Management Consultants In Japan|
|Sumitomo Corporation||Japan Airlines Co., Ltd.|
|Sumitomo Forestry Co., Ltd.||PIONEER CORPORATION|
|Sompo Japan Insurance Inc.||HARITA METAL Co., Ltd.|
|Taisei Corporation||BASF Japan Ltd.,|
|Daiseki Co., Ltd.||Hitachi, Ltd.|
|TAKEEI CORPORATION||People, Dreams & Technologies Group Co., Ltd.|
|CHANGE THE WORLD Inc.||BIPROGY Inc.|
|CHUBU STEEL PLATE CO., LTD.||FUKUSHIMA GALILEI CO., LTD.|
|Chubu Electric Power Company, Incorporated||Fujikura Ltd.|
|TEIJIN LIMITED||Future Corporation|
|TEIJIN FRONTIER CO., LTD.||Mizuho Financial Group, Inc.|
|Deloitte Tohmatsu Group||Mitsui Chemicals, Inc.|
|DENTSU INC.||Mitsui & Co., Ltd.|
|TOKYO GAS CO., LTD.||Mitsubishi Chemical Corporation|
|Tokyo Electric Power Company Holdings, Inc.||Mitsubishi Heavy Industries, Ltd.|
|Toyo Seikan Group Holdings, Ltd.||Mitsubishi Corporation|
|Toray Industries, Inc.||Hair Clinic Reve-21 Co., Ltd.|
|TOZAKI INDUSTRY CORPORATION||YASKAWA Electric Corporation|
|Dream Incubator Inc.||Rakuten Group, Inc.|
|West Japan Railway Company||LIXIL Corporation|
|JGC Holdings Corporation|
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.