Nomura makes big move on path to net zero

Nomura makes big move on path to net zero

Tokyo, March 10, 2022— For Nomura Holdings, Inc. joining the Partnership for Carbon Accounting Financials (PCAF) is a big and a key step on the path to net zero.

PCAF is an initiative led by the financial industry to develop a harmonized global standard to measure and disclose the greenhouse gas (GHG) emissions of loans and investments.

Measuring financed emissions is an important step that enables financial institutions to set science-based targets and align their portfolios with the Paris Agreement.

Nomura’s participation in PCAF supports its commitment to align its commercial activities with the objectives agreed in the Paris Agreement.

It is also aligned with Nomura’s objectives to achieve net zero GHG emissions for its operations by 2030 and to transition attributable GHG emissions from its lending and investment portfolios to align with pathways achieving net zero by 2050.

Nomura & Net Zero Banking Alliance1

Nomura announced on September 28, 2021 that it had joined the Net-Zero Banking Alliance1, convened by the United Nations Environment Program Finance Initiative, and part of the Glasgow Financial Alliance for Net Zero.

Nomura Asset Management Co., Ltd., the asset management arm of Nomura Group and the core company within the Investment Management Division, joined PCAF in September 20212, and the Net Zero Asset Managers Initiative in November 20213.

Nomura is committed to delivering financial services that drive sustainability, as well as helping enrich society and contributing to economic development.

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions.

By connecting markets East & West, the company services the needs of individuals, institutions, corporates and governments through our three business divisions: Retail, Wholesale (Global Markets and Investment Banking) and Investment Management.