Promoting Sustainability

Our Sustainability Committee is a management-level decision-making entity that plays an integral role in Nomura Group’s sustainable growth strategy and our aim to contribute to resolution of social issues.

Nomura implements sustainability initiatives in collaboration with Group offices and companies in Japan, Asia ex-Japan, EMEA, and the Americas. We conduct appropriate disclosure of our various initiatives through the Nomura Report and our website with the aim of raising our Group’s corporate value.

Framework

Sustainability Committee

The Sustainability Committee is chaired by our Group CEO and comprises the same members as the Executive Management Board. The Committee is positioned within the Executive Management Board, the highest decision-making body at the executive level, enabling strategic implementation of our ESG and sustainability initiatives. In order to create a framework for swift decision making on matters of sustainability, five subcommittees are established under the Sustainability Committee - Wholesale Sustainability Forum, Climate Risk and ESG Working Group, TCFD Working Group, Environmental Activities Working Group and Diversity and Inclusion Working Group.

Nomura Group executives in charge of businesses and corporate affairs make up the Sustainability Committee. The Committee is responsible for developing business policies on sustainability-related risks and opportunities for the entire Nomura Group and approving and deciding on related activities. The activities of the Sustainability Committee are reported to the Board of Directors and the Executive Management Board as the occasion demands.

The Committee also examines the operations of specific businesses that contribute to Sustainable Development Goals (SDGs) set by the United Nations. Nomura Group requires the Sustainability Committee to hold two or more meetings each fiscal year. By holding meetings jointly with the Executive Management Board, which has the same chairman and members as the Sustainability Committee, a more flexible management system is in place to facilitate strategic decisions.

Sustainability Committee Members

(as of July 2021)

Chairman	Kentaro Okuda	Representative Executive Officer, President and Group CEO
Members	Tomoyuki Teraguchi	Representative Executive Officer, Deputy President, Chief of Staff and Chief Compliance Officer (CCO)
	Toshiyasu Iiyama	Executive Managing Director, Public Policy and Regulatory Engagement, Head of China Committee and Chief Health Officer (CHO)
	Takumi Kitamura	Executive Managing Director, Chief Financial Officer (CFO), Investor Relations
	Sotaro Kato	Executive Managing Director, Chief Risk Officer (CRO)
	Toru Otsuka	Executive Managing Director, Chief Strategy Officer (CSO)
	Satoshi Arai	Head of Retail
	Steven Ashley	Head of Wholesale
	Yutaka Nakajima	Head of Global Markets
	Masahiro Goto	Global Head of Investment Banking
	Yoshihiro Namura	Head of Investment Management
	Chie Toriumi	Head of Content Company and Sustainability Development
	Hajime Ikeda	Head of Future Innovation Company
	Jonathan Lewis	Chief Administrative Officer (CAO), Group IT Head and CEO of Nomura Europe Holdings plc
Auditor	Shoji Ogawa	Director, Member of the Audit Committee

Presentations

Nomura Group Governance (PDF 1,437KB)

Management Status of the Committee

(as of end of March, 2021)

Number of Meetings	3 (from April 1, 2020 to March 31, 2021)
Agenda	Matters concerning ESG initiatives and information disclosure Matters concerning fundamental ESG policy ESG risks and opportunities Important Nomura Group management Issues (materiality) Matters related to TCFD Reports related to climate change Wholesale ESG Sectoral Appetite Statement
Outline of Discussions	Matters concerning medium/long-term CO₂ emission reduction target Matters concerning Sustainable Development Goals (SDGs) Revision of important Nomura Group management issues (materiality) Reorganization of subcommittees TCFD-related disclosures Risks and opportunities related to climate change Drawing up of Wholesale ESG Sectoral Appetite Statement, etc.