Nomura Holdings

The institution has a publicly available policy statement committing to respect ILO core labour rights and human rights. It discloses the results of its human rights risk assessments and engages with stakeholders affected by its activities. Decision-making and oversight responsibility for the sustainability strategy is assigned to the highest governance body, while implementation responsibility is delegated to specific functions, teams, or committees.

The institution discloses its positions on lobbying and political engagement related to sustainability topics and transparently identifies key sectors, clients, and investees for engagement on climate and nature-related impacts. It prioritises sectors with the highest nature-related impacts and engages in partnerships to influence these sectors. Additionally, the institution monitors its scope 1-2 emissions.

The financial institution expects suppliers to respect specific workers’ rights and has the opportunity to reference all ILO fundamental rights at work. It can disclose how it determines a living wage in its operational regions and include anti-bribery and anti-corruption clauses in its contracts with business relationships. While it states that it makes political contributions, it could clarify whether these are made only by exception and the criteria for such contributions.

The institution identifies and prioritizes material sustainability impact but could enhance transparency by disclosing the objective criteria and evidence used in its materiality analysis. Furthermore, it could link performance criteria for remuneration at the senior executive level to specific sustainability targets and disclose a comprehensive list of trade associations of which it is a member. Although the institution engages with stakeholders to align lobbying activities with its sustainability strategy, it could detail specific actions taken. While it refers to the protection and restoration of nature, it has the opportunity to disclose a strategy for this area covering at least its priority sectors and areas.

It is recommended that the institution disclose the breakdown of clients or beneficiaries by income group. Additionally, it could strengthen its disclosure by identifying the social risks associated with its financing activities in relation to net zero transition. The institution could also provide an example of actions taken in the past three years to address salient human rights issues identified through risk assessments related to the products, services, and capital it offers.

This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.