Toward Achieving Net Zero Emissions
Nomura Group is working to expand business opportunities as well as identify and appropriately manage risks associated with climate change in order to quickly realize a decarbonized society.
Nomura recognizes that climate change is an important global issue. In September 2021, we announced our commitment to align our commercial activities with the objectives agreed in the Paris Agreement, aiming to limit global temperature increases to well below 2°C, and striving for 1.5°C, above pre-industrial levels. To support the transition towards a decarbonized economy, we also announced our commitment to achieve net zero greenhouse gas (GHG) emissions for our own operations by 2030, and to transition attributable GHG emissions from our lending and investment portfolios to align with pathways achieving net zero by 2050.
1. Achieve Net Zero Greenhouse Gas (GHG) Emissions from Own Operations by 2030
In addition to promoting energy savings, we will gradually increase the use of renewable energy, and switch to 100% renewable electricity by 2030 as we aim to achieve net zero emissions by 2030.
2. Achieve Net Zero GHG Emissions in Lending and Investment Portfolios by 2050
We have joined the Net-Zero Banking Alliance (NZBA)*1 , established by the United Nations Environment Program Finance Initiative (UNEP FI), and are working to achieve net zero GHG emissions in our lending and investment portfolios by 2050. Within 18 months of joining the Net-Zero Banking Alliance in September 2021, we plan to disclose interim targets for 2030 and long-term targets for 2050 for sectors that have a significant impact on Nomura.
3. Sustainable Finance
We aim to deploy $125 billion in sustainable financing projects over the five years to March 2026 in order to help clients transition to a decarbonized society.
1 Net-Zero Banking Alliance
An initiative by banks to commit to net zero GHG emissions in their investment and lending portfolios by 2050 and is one of the four initiatives for GHG emissions net zero that participated in Glasgow Financial Alliance for Net Zero (GFANZ).
Roadmap to Realize a Decarbonized Society
To realize a sustainable society, we committed to work to achieve net zero GHG emissions from our own operations by 2030 and net zero GHG emissions from our lending and investment portfolios by 2050.
For Our Clients
As a financial services group engaged in global securities and investment banking businesses, Nomura Group provides solutions to solve social issues from various angles.
For Our Society
In order for Nomura itself to remain a sustainable entity as a financial services group that supports sustainability initiatives, Nomura is actively working to reduce its environmental impact, enhance its governance, and appropriately disclose information.
Nomura Asset Management Initiatives
As a responsible institutional investor, Nomura Asset Management (NAM) aims to realize a decarbonized society by enhancing management of climate risks and opportunities through engagement with portfolio companies and encouraging incorporation of climate change measures into the companies’ management strategies.
In August 2021, NAM has joined the Net Zero Asset Managers initiative (NZAM), a global initiative led by asset managers aiming to achieve net-zero GHG emissions from their investment portfolios by 2050.
NAM will work to achieve net zero GHG emissions for assets under management by 2050. NAM has also set a 2030 interim target of 55% of assets under management1 to be managed in alignment with achieving net zero emissions by 2050 or sooner.
Response to TCFD Recommendations
Nomura Group supports the Task Force on Climate-related Financial Disclosures (TCFD). Nomura organizes and discloses initiatives on climate change risks and opportunities in accordance with the four basic disclosure items recommended by TCFD: Governance; Strategy; Risk Management; and Metrics and Targets. Based on scenario analyses, we believe that the impact of climate change on Nomura’s finances will be limited and we consider helping clients’ transition to decarbonization through our business to be an opportunity for growth.