Nomura Real Estate Holdings, Inc.

Nomura Real Estate Holdings, Inc.'s reported carbon emissions

### Nomura Real Estate Holdings, Inc. Carbon Emissions and Climate Commitments Nomura Real Estate Holdings, Inc., headquartered in Japan and operating within the real estate services industry, reported a total of approximately 2.13 billion kg CO2e in emissions for the fiscal year 2025. This figure encompasses Scope 1, 2, and 3 emissions. **Emissions Breakdown (kg CO2e):** * **2025:** * Total: 2,133,748,000 * Scope 1: 27,000 * Scope 2: 38,000 (market-based) * Scope 3: 2,068,000 (with significant contributions from purchased goods and services at 816,000 kg CO2e, and use of sold products at 617,000 kg CO2e) * **2024:** * Total: 2,168,921,000 * Scope 1: 24,000 * Scope 2: 27,000 * Scope 3: 2,116,000 (with purchased goods and services at 773,000 kg CO2e, and use of sold products at 1,054,000 kg CO2e) * **2023:** * Total: 2,173,920,000 * Scope 1: 23,000 * Scope 2: 74,000 * Scope 3: 2,075,000 (with purchased goods and services at 698,000 kg CO2e, and use of sold products at 1,170,000 kg CO2e) **Climate Commitments and Reduction Targets:** Nomura Real Estate Holdings, Inc. has established several key climate targets: * **Net-Zero by 2050:** The company aims to achieve carbon neutrality across all its Scope 1, 2, and 3 emissions by 2050. * **Near-Term Reductions:** * A commitment to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 60% by FY2030, against a FY2019 baseline. * A commitment to reduce absolute Scope 3 GHG emissions from purchased goods and services, use of sold products, and downstream leased assets by 50% by FY2030, against a FY2019 baseline. * Additionally, the company has a target for a 35% reduction in Scope 1 and 2 emissions by 2030, compared to the fiscal year ended March 31, 2020. This target is recognised by the Science Based Targets initiative (SBTi). * **Long-Term Reductions:** * The company commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by FY2050, against a FY2019 baseline. * It also commits to reducing absolute Scope 3 GHG emissions by 90% by FY2050, against a FY2019 baseline. These targets are aligned with a 1.5°C trajectory as validated by the Science Based Targets initiative (SBTi). The company's 2023 annual report indicates progress towards its climate goals.