Nomura Asset Management Announces KPIs for Materiality
Nomura Holdings Inc
Nomura Asset Management has announced key performance indicators (KPIs) to measure the performance and increase the transparency of its sustainability initiatives, including those related to environmental, social, and governance (ESG) factors. These KPIs will help the company track and report on its progress towards its sustainability goals.
Nomura Asset Management Materiality is a set of KPIs designed to deepen stakeholders' understanding of NAM's ESG activities. It is based on NAM's ESG statement and Nomura Group Priority Initiatives, which are material issues that the company believes are important to its business and stakeholders.
NAM recognises the importance of addressing ESG issues in supporting the investment chain, and as a responsible institutional investor, it encourages the management of investee companies to consider ESG issues and pursues a similar approach within its own operations. The KPIs will help the company track and report on its progress towards its sustainability goals and improve the transparency and accountability of its ESG initiatives to its stakeholders.
NAM has set the following KPIs for materiality:
KPI based on policies to realise customer-oriented business operations
Fundmark balance weighted rating continuously above 3.0
Net zero emissions
Net zero greenhouse gas (GHG) emissions for assets under management by 2050
100% of NAM's electricity from renewable sources by 2030 to achieve net zero GHG emissions
Ratio of female department heads: 40% or more by fiscal 2030
By creating an investment chain alongside clients and investee companies, NAM will continue working to support client asset formation while contributing to a sustainable and prosperous society.
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Source: Nomura