Environmental data | Sustainability | Nomura Research Institute (NRI)

The NRI Group recognizes that addressing global environmental issues, including climate change and environmental pollution, is a common global issue, and as a company that provides consulting and IT solution services, we will contribute to the realization of a sustainable future society.

Environmental Targets

The target set in February 2021 ("Reduce the NRI Group's greenhouse gas emissions (Scope 1 + 2) by 72% from the fiscal 2013 level") has received 1.5℃ certification from the SBT Initiative.
Subsequently, we were on track to achieve the target ahead of schedule through measures such as the introduction of renewable energy at our data centers, and in February 2022 we revised the target to net-zero greenhouse gas emissions (Scope 1 + 2) by FY2030.
In order to decarbonize the entire value chain of the NRI Group, we have revised our environmental targets in accordance with the February 2023 SBT Initiative's "Net-Zero Corporate Standard".
(We are in the process of applying to the SBT Initiative for certification of the net-zero targets.)

Classification	FY2030 targets	FY2050 targets
Scope 1+2	Achieve net-zero greenhouse gas emissions^* in the NRI Group (Compared to FY2019) ^* Reduce Scope 1+2 emissions by 97%, neutralizing residual emissions^※	Achieve net-zero greenhouse gas emissions^* in the NRI Group (Scope 1+2+3) (Compared to FY2019) ^* Reduce Scope 1+2+3 emissions by 90%, neutralizing residual emissions^※
Scope 1+2	100% renewable energy usage in the NRI Group
Scope 3	Reduce NRI Group’s Greenhouse gas emissions by 30% by FY2030 (Compared to FY2019)

^※Residual emissions:

Emissions that cannot be reduced in the NRI Group’s value chain at the time of the net-zero targets
^※Neutralization:

Canceling out residual emissions through the use of carbon dioxide removal technologies and other means

Action Plan to Achieve Net-Zero by FY2050

Progress toward Greenhouse Gas Emission Reduction Targets
(Scope 1+2)

Annual reduction target

Actual greenhouse gas emissions in FY2021

Scope1 and 2

Scope3

Calculation is based on the Basic Guidelines on Accounting for Greenhouse Gas Emissions Throughout the Supply Chain (Ver2.2) (Ministry of the Environment and Ministry of the Economy, Trade and Industry).

*1

Greenhouse gas emissions are rounded down to the second decimal place, so the sum is not always the total.
*2

The composition ratios are rounded to the second decimal place, so the sum is not always 100%.

Category	Accounting methods
Category 1: Purchased goods and services	Business consign expenses, machinery expenses × emission factor
Category 2: Capital goods	Buildings, machinery and equipment, furniture and fixtures, lease assets × emissions factor
Category 3: Fuel and energy related activities not included in Scope 1 or 2	Energy emission use (Electricity, Cooling, Steam) × emissions factor
Category 4: Transportation and delivery (upstream)	Not accounted for due to minor importance
Category 5: Waste generated in operations	Not accounted for due to minor importance
Category 6: Business travel	(NRI) Business travel expenses × emission factor (consolidated subsidiaries) No. of personnel at the end of the year × emission factor
Category 7: Employee commuting	(NRI) Commuting expenses × emission factor (consolidated subsidiaries) No. of personnel at the end of the year × emission factor
Category 8: Leased assets (upstream)	N/A
Category 9: Transportation and delivery (downstream)	Not accounted for due to minor importance
Category 10: Processing of sold products	N/A
Category 11: Use of sold products	Actual sales units × annual electricity use per unit × expected useful life × emission factor (annual electricity use per unit and expected useful life are based on the normal scenario that NRI made.)
Category 12: End-of-life treatment of sold products	Actual sales units × waste weight per unit × emission factor (waste weight per unit is based on the normal scenario that NRI made.)
Category 13: Leased assets (downstream)	Not accounted for due to minor importance
Category 14: Franchises	N/A
Category 15: Investments	N/A

Greenhouse gas emissions per net sales

※

Greenhouse gas emissions per net sales are rounded down to the third decimal place.

Note：
- 1.
  
  Figures shown have been rounded down to the nearest unit indicated. Ratios, however, have been rounded off to the decimal place indicated.
- 2.
  
  Past figures are shown as figures for which impacts due to important acquisitions, etc. have been recalculated according to "The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard - Chapter 5. Tracking Emissions Over Time".