Nomura Real Estate Holdings, Inc. Sustainability Profile

In 2024, Nomura Real Estate Holdings, Inc. reported total carbon emissions of approximately 2,410,000,000 kg CO2e, with Scope 3 emissions accounting for about 2,334,288,000 kg CO2e and Scope 1 and 2 emissions combined at approximately 75,712,000 kg CO2e. This follows a total of about 2,173,921,000 kg CO2e in 2023, where Scope 3 emissions were approximately 2,075,641,000 kg CO2e, and Scope 1 and 2 emissions were around 98,280,000 kg CO2e. Nomura has set ambitious climate commitments, aiming for a 35% reduction in Scope 1 and 2 emissions by March 31, 2031, compared to the fiscal year ending March 31, 2020. Additionally, they have committed to achieving carbon neutrality across all scopes (1, 2, and 3) by 2050. Their long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2050, both from a 2019 baseline. These targets have been approved by the Science Based Targets initiative (SBTi), which underscores their alignment with global climate goals. Nomura's near-term targets also include a 60% reduction in Scope 1 and 2 emissions and a 50% reduction in Scope 3 emissions by FY2030, relative to the same 2019 baseline. Overall, Nomura Real Estate Holdings, Inc. is actively working towards significant emissions reductions and has established a comprehensive framework to address its carbon footprint in the real estate sector.