NRI participates in the Taskforce on Nature-related Financial Disclosure (TNFD) Forum
Tokyo, November 21, 2022 – Nomura Research Institute, Ltd. (Headquarters: Tokyo, Japan; Chairman, President & CEO Shingo Konomoto, “NRI”), endorsing the principles of the Taskforce on Nature-related Financial Disclosures (“TNFD”1), has participated in the TNFD Forum (“Forum”). We aim to contribute to the establishment of an appropriate framework for the assessment and disclosure of financial risks and opportunities relating to corporate natural capital2 and biodiversity, including supply chains by participating in this forum.
In June 2021, the TNFD was launched as an international organization to study a framework for private companies and financial institutions to appropriately assess and disclose risks and opportunities relating to natural capital and biodiversity. The TNFD Forum was established at the same time as the TNFD and brings together companies and organizations that support the TNFD’s studies. The Forum shares the latest information on the TNFD and provides support through its expertise in establishing disclosure frameworks.
In 2012, the NRI Group formulated its “Biodiversity Action Guidelines” to pursue efforts to preserve biodiversity and promote the sustainable use of biological resources. We also believe that in order to promote our efforts throughout society, it is necessary to establish a framework for international information disclosure, which is the goal of the TNFD. We therefore decided to participate in the Forum, based on the belief that the NRI Group and the TNFD are heading in the same direction. Going forward, the NRI Group plans to utilize the knowledge gained from the Forum to provide consulting services and IT solutions, in the interest of promoting the disclosure of nature-related information throughout society and of helping many client companies achieve sustainable growth through TNFD compliance.
The NRI Group will continue to contribute to the creation of a sustainable future society by working with various stakeholders to solve social issues, including natural capital and biodiversity issues, under our corporate philosophy of “Dream up the future.”
- 1
TNFD (Taskforce on Nature-related Financial Disclosure):
an international initiative conceived at the World Economic Forum Annual Meeting (Davos) in January 2019 and launched in June 2021 by the United Nations Environment Programme Finance Initiative (UNEP FI), the United Nations Development Programme (UNDP), the World Wide Fund for Nature (WWF), and the British environmental NGO Global Canopy. It aims to establish a framework for the disclosure of information on nature-related risks in order to redirect the global flow of funds to activities for the conservation and restoration of nature. As of January 2023, 40 Taskforce members from 18 countries in five continents are participating.- TNFD website (English) https://tnfd.global/
- TNFD Forum Website (English) https://tnfd.global/about/the-tnfd-forum/
- 2
Natural capital:
capital formed by nature, such as forests, soil, water, the atmosphere, and biological resources.
Reference
■ NRI’s Sustainability Initiatives
- Website https://www.nri.com/en/sustainability
- Integrated Report https://ir.nri.com/en/ir/library/report.html
- ESG Databook https://www.nri.com/en/sustainability/library/back_number
- Sustainability Book https://www.nri.com/en/sustainability/library/back_number
- Biodiversity Action Guidelines https://www.nri.com/en/sustainability/environment/biodiversity
Contact Us
Inquiries about this news release:
Sangi Tamaoka
Corporate Communications Department
Nomura Research Institute, Ltd.
TEL:+81-3-5877-7100
E-mail: kouhou@nri.co.jp
Inquiries about this matter:
Yoshinori Nakajima
Sustainability Business Consulting Department
Nomura Research Institute, Ltd.
E-mail: np-sbc@nri.co.jp
Eiko Ibuki, Tomoko Takahashi
Sustainability & Responsibility Group
Nomura Research Institute, Ltd.
E-mail: 41sustainability@nri.co.jp
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