Nomura (8604) ESG Update 2024 summary

Purpose and Sustainability Vision

• Announced a new purpose to create a better world by harnessing financial markets, focusing on sustainable finance and responsible investing.

• Emphasizes sustainable growth by addressing social issues, reducing business risks, and advancing decarbonization and human capital development.

Key ESG Initiatives and Impact

• Identified six major social issues impacting value, with a focus on environment and human capital.

• Launched Sustainable Innovation Group and collaborated with startups on decarbonization, impact measurement, and biodiversity preservation.

• Biochar project with TOWING and Sagri aims to reduce environmental impact and generate carbon credits.

Sustainable Finance and Market Leadership

• Targeting $125 billion in sustainable finance transactions by March 2026, with $75 billion achieved as of FY2023/24.

• Led innovative green, social, and transition bond issuances, ranking first in Japan and holding top global positions.

• ESG bond market has grown to over $1 trillion annually since 2021, with cumulative GSSS bond issuance surpassing $4 trillion.

• Active in rulemaking and disclosure for climate and sustainability standards, including ICMA and Net-Zero Banking Alliance.