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

The Nomura Group Code of Conduct states, "We are aware of our responsibility towards society and actively and continuously engage in a wide range of activities to contribute to the society and protect the environment, such as reducing the environmental impact of our business activities."
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.

Environmental Statement

  • 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.

Environmental Policy

  • 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 Sustainability 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 receiving recertification against 2015 standard in 2018. In addition, it obtained ISO 50001 certification, a new international standard for energy management in 2015.

Environmental performance data

Environmental Targets

GHG Emission Reduction Targets

Nomura Group GHG Emission Reduction Targets and Achievements (Global)

In FY2021 the Nomura Group achieved GHG emissions of 33,634 t-CO2 (Scope 2 emissions calculated with the market-based method based on the GHG Protocol) as a result of our commitments to promote energy savings and to expand renewable electricity for its own operation.

* Please scroll horizontally to look at table below.

FY2020/21 FY2021/22 2030
Target
GHG Emissions
(Scope 1&2)
Location-based*1 48,872 t-CO2 44,140 t-CO2 -
Market-based*2 41,477 t-CO2 33,634 t-CO2 Net Zero

1 Location-based method:
A method of calculating Scope 2 emissions based on the average emission factor for a specific location (of grids where energy consumption occurs or to which the same legal regime applies).

2 Market-based method:
A method of calculating Scope 2 emissions reflecting companies' electricity contract. As the emission factor is based on the contractual terms, if a company purchases low-carbon electricity, such as from renewable energy sources, the effect can be reflected.

Since 2009, we have held annual sustainability training (formerly environmental training) for all Nomura Group employees in Japan, with the aim of raising awareness of sustainability including environmental issues. We also stream information over the Group intranet and host events to raise awareness of environmental matters.

In addition, our business sites in EMEA promote Nomura's environmental commitment through the onboarding program for new employees and make available an ESG awareness tool on the intranet for all stakeholders including Nomura's supply chain.

100% Renewable Electricity for Our Own Operation

The Nomura Group has been promoting and increasing the purchase of renewable electricity. Nomura previously announced its target to switch the electricity at offices to 100% renewable energy by 2030.

* Please scroll horizontally to look at table below.

FY2020/21 FY2021/22 FY2022/23
Target
FY2025/26
Target
2030
Target
Percentage of Renewable Power (%) 25.4% 33.6% Over 50% Over 70% 100%

Nomura Group Environmental Objectives and Progress (Japan)

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.

* Please scroll horizontally to look at table below.

FY2021/22 Targets Achievements & Assessment FY2022/23 Targets
GHG Emission Reduction Reduce the domestic Nomura Group CO2 emissions/m² of floor space by 25% or more from FY2009/10 ○

Reduction: 42.1%

Reduce the domestic Nomura Group energy consumption by 20% or more by FY2030/31 (and 4% or more by FY2022/23) from FY2020/21
  Reduce the total amount of CO2 emissions from leased vehicles of Nomura Securities from FY2019/20 ○

Reduction: 52.9%

Reduce the total amount of CO2 emissions from leased vehicles of Nomura Securities from FY2019/20
  Reduce the waste emissions volume at principal offices from FY2013/14 ○

Reduction: 37.6%

Reduce the waste emissions volume at principal offices from the previous year
Effective Use of
Resources
Have green products account for 80% of the total amount of the copy paper used ○

Purchase rate: 95.3%

Have green products account for 90% of the total amount of the copy paper used
Reduction of
Paper Usage
Reduce use of copy paper (as measured by the annual volume purchased) from FY2019/20 ○

Reduction: 47.2%

Reduce use of copy paper (as measured by the annual volume purchased) from FY2019/20
  Encourage the electronic document delivery service ○

Accounts accepting electronic document delivery: 3.29 million

Encourage the electronic document delivery service
Contribution to
Environment Through
Nomura's Main Businesses
Increase the number of financial products and services that help resolve social issues ○
  • Underwriting and sales of green bonds and social bonds
  • Consulting and providing information in the field of sustainability
  • Providing M & A advisory services in the field of sustainability
  • Developing and providing ESG and SDGs investment products
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.

Green products account: Compiled from data in internal systems on copy paper purchased.

Use of copy paper: Compiled from the volume of copy paper used (annual volume) in the Nomura Group and purchased from specified suppliers.

Accounts accepting electronic document delivery: Compiled from the number of accounts registering e-mail statements service and the number of accounts registering online statements service.

ESG Data (Our Environment)

ESG Data (Sustainability Bonds)

Sustainable Supply Chain Initiatives

We are committed to fulfilling our social responsibility in all our activities. In keeping with this commitment, we require outsourcing providers to understand and comply with the Nomura Group Code of Conduct. We have also developed a set of Supplier CSR Guidelines, which outlines our CSR requirements when doing business with suppliers. Suppliers who provide products and services to the Nomura Group are required to sign these guidelines.

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Our Stakeholders

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