Environmental Management / Initiatives to Environmental Load Reduction

Protecting the global environment, which is the basis of our livelihoods, is essential for a sustainable society. Through our business activities, Daiwa Securities Group contributes to the resolution of environmental issues by developing products that reduce the environmental burden, and also by assisting financing for the development of environmental technologies and infrastructure. At the same time, we are working to establish a system that efficiently collects data on the Group's environmental load. We are also focusing on raising employees' environmental awareness to empower them to reduce the environmental burden in daily business operations.

Environmental Vision

The Group is dedicated to protecting the precious global environment and preserving it for future generations by leveraging financial capabilities.

Environmental Principles

The Group recognizes the importance of environmental principles such as the effort to combat global warming, recycling and reuse of raw materials, and preserving biodiversity, in order to create a sustainable society for the 21st century. The Group pledges to contribute to solving environmental issues through its business as a financial services company and, to constantly seek new ways to reduce its environmental impact as a responsible corporate citizen.

Basic Environmental Policies

  1. 1.Make positive environmental contributions through our core business activities
    We shall seek to develop and provide financial products and services that promote a low-carbon, recycling-oriented, and symbiotic society.
  2. 2.Implement an environmental management system
    We shall implement an environmental management system and constantly seek new ways to improve environmental activities. In addition, we shall support environmental education and publicity efforts, while promoting environmental protection efforts by employees.
  3. 3.Take steps to save natural resources, reduce energy consumption, and promote biodiversity system
    We shall continue to progress in our efforts to reduce the use of natural resources and energy, and seek ways to improve materials and energy efficiency (including efforts to improve business efficiency). We shall also take steps to reduce water use and reduce, reuse, and recycle other materials to contribute to a more environmentally friendly society. Furthermore, considering the importance of biodiversity, we shall seek a symbiotic relationship with the environment and use safe, clean methods of materials procurement.
  4. 4.Promote environmental communication
    Working in concert with business partners, the local community, NGOs and NPOs, we shall actively disseminate information about environmental issues, and communicate our concern for the environment to customers and society at large.
  5. 5.Strictly observe environmental regulations
    We shall always endeavor in environmental preservation, observing environmental laws and regulations in addition to the Group's environmental policies.

Daiwa Securities Group Inc. (May 22, 2012)

Environmental Management

Every six months, Daiwa Securities Group holds a meeting of our Environmental Management Council, where representatives from major companies of the Group share data and exchange information. In addition, at Daiwa Securities, Daiwa Property, and Daiwa Institute of Research, all of which have a significant impact on the Group's electricity consumption and CO2 emissions, the relevant departments hold a joint meeting appropriately. They discuss measures to reduce their environmental impact, check the progress of improvement measures and share information.
Moreover, Group companies with offices in Gran Tokyo North Tower attend a meeting of the CO2 Reduction Promotion Committee hosted by the management company of the building every six months, working together to reduce the overall CO2 emissions of the building. We strive to improve our efforts, while reporting quantitative data on our environmental impact over time, including energy and water consumption, CO2 emissions, waste disposal and recycling volume.

Targets for FY2019
  • Initiative to reduce CO2 emissions
    Sustained a reduction in CO2 emissions of more than 1% in comparison with the previous fiscal year.
    • *Domestic consolidated basis
  • Initiatives for the reduction of electricity consumption
    Achieve a reduction of at least 10% from the FY2009 level (as of FY2020)
    Achieve a reduction of at least 20% from the FY2009 level (as of FY2030)
    • *On a per unit area basis for both targets
  • Improve the accumulation of environment-related data and refine skills for analyzing the data
  • Continue to introduce eco-cars
  • Purchase products certified under the Japan's Top Runner Program standards

Initiatives to Reduce the Environmental Impact of Business Activities

Introduction of Environmental Accounting

As part of our efforts to reduce environmental loads, Daiwa Securities Group prepares and discloses environmental accounting. It is expected to help us to track the costs and effects of environmental preservation more accurately and reduce environmental loads more effectively.

Initiatives at Group Companies

When installing new equipment at head and branch offices, Daiwa Securities requires that the equipment be certified under Japan's Top Runner Program standards. For example, we replaced 14 multifunction copiers at the head office in FY2018, thereby reducing the power usage for these machines by approximately 35% (an estimate by the manufacturers). We have also been replacing our company cars successively since FY2014 with eco-cars and hybrid vehicles that have significantly improved fuel efficiency. The replacement, at the time of completion, will reduce CO2 emissions by an amount equivalent to the CO2 absorption of more than 40,000 Japanese cedar trees annually (an estimate by Daiwa Securities using fuel efficiency data disclosed by automakers).
The introduction of LED lighting into the head office of Daiwa Institute of Research was completed in the summer of 2017. In addition, Daiwa Securities Group strives to choose environmentally friendly products in its central purchasing.

Company cars in Japan (Daiwa Securities)
1,073 vehicles

including

  • 845 eco-cars
  • 160 hybrid cars

(As of March 31, 2019)

Introduction results for FY2018

  • 156 eco-cars
  • 22 hybrid cars

Introduction plan for FY2019

  • 410 eco-cars
  • 10 hybrid cars

Cases of soil and groundwater pollution found within office sites

  • FY2018 0

Investment in energy-saving air conditioning systems for FY2018
¥91 million

(including installation costs)

Initiatives to Raise Environmental Awareness

Daiwa Securities Group is striving to raise the environmental awareness of each employee through various initiatives. For example, our in-house magazine, "Fuji," has a column entitled "Eco-Initiatives in the Office." The column mainly shares the status of the Group's environmental initiatives and introduces environmental measures that can be implemented by employees, depending on their individual awareness.
We also participated in a campaign led by the Tokyo Metropolitan Government's Bureau of Environment to promote efforts to reduce plastic shopping bags at convenience stores within offices. The initiative is still being implemented even after the end of the campaign.
When printing documents, we recommend using aggregate printing and double-sided printing. We also encourage the reduction of paper usage by showing operational guidance and the rate of reduction in paper usage for every three months in the areas within offices where multifunction copiers are installed. We reduced paper consumption by 3.4% year on year in FY2018, within the same scope as FY2017.

Offering Environmentally Friendly Services

Daiwa Securities provides an online service allowing customers to receive various reports, including prospectuses and reports on the details of transactions and transaction balances, in electronic format on the Internet, instead of written notifications (hardcopy reports and prospectuses). Reports and prospectuses received in electronic format can, in principle, be accessed and checked online as and when required, saved to personal computers and other devices, and printed for five years after initial receipt. The proportion of customers choosing the online service was 43.0% as of the end of March 2019, up 1.2% from the previous fiscal year. We will continue recommending the service to increase the number of customers using it.

CO2 Emissions

In comparison with the previous fiscal year, CO2 emissions in FY2018 fell by approximately 6.0% for Daiwa Securities Group's domestic offices, as a result of a positive initiative to conserve energy (within the same scope as FY2017).

Initiative to Reduce CO2 Emissions

We have set up the goal of reducing CO2 emissions, while complying with the Act on the Rational Use of Energy and Tokyo's environmental protection ordinances in a continuous and systematic way. We continue to take energy saving initiatives, including implementing the "Cool Biz" program again in FY2018, carrying out energy savings measures through on- and off-peak periods.

Toward Achieving a Hydrogen Society: Entrusted with Global Trends Survey by NEDO

Daiwa Institute of Research (DIR) has been commissioned to undertake survey and research work by the New Energy and Industrial Technology Development Organization (NEDO) toward the realization of a hydrogen society. The commissioned work encompasses the collection and analysis of information on the latest trends across the world (the United States, Canada, EU countries, China, and South Korea) concerning hydrogen fuel cells, as well as identification of issues for development strategies in hydrogen fuel cell technology in Japan.
The survey and research work is aimed at timely collecting and analyzing of a wide range of the latest information on hydrogen fuel cells, and sharing it with relevant parties in Japan, toward the realization of a hydrogen society, taking safety and the environment into consideration. The information includes policies and markets for hydrogen fuel cells and research and development trends across the world. The commissioned work also involves visits to international institutions and attendance at international conferences related to the development and use of hydrogen fuel cells. The work is also aimed at identifying issues for Japan's strategy for developing hydrogen fuel cell technology going forward by accurately understanding, assessing, and analyzing the policies, markets and industrial trends of other countries.
In this way, DIR will be proactively engaged in business related to development of new energy sources that are environmentally friendly.