Participation in Initiatives

Daiwa Securities Group has participated in, signed, and supports the initiatives described below to contribute to developing a sustainable society.

Major Initiatives

The United Nations Global Compact (UNGC)

Daiwa Securities Group Inc. signed the UNGC in January 2010. We support the following 10 principles and work to contribute to sustainable development in the international community.

10 principles

  • Human rights
    • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
    • Principle 2: make sure that they are not complicit in human rights abuses.
  • Labour
    • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
    • Principle 4: the elimination of all forms of forced and compulsory labour;
    • Principle 5: the effective abolition of child labour; and
    • Principle 6: the elimination of discrimination in respect of employment and occupation.
  • The environment
    • Principle 7: Businesses should support a precautionary approach to environmental challenges;
    • Principle 8: undertake initiatives to promote greater environmental responsibility; and
    • Principle 9: encourage the development and diffusion of environmentally friendly technologies.
  • Anti-corruption
    • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

The United Nations-supported Principles for Responsible Investment (PRI)

Daiwa Asset Management became a signatory in May 2006. PRI is a set of six principles launched by the United Nations Environment Programme - Finance Initiative and the UN Global Compact. This initiative asks institutional investors to incorporate ESG into their investment decision making practices. Daiwa Securities Group will continue promoting responsible investment.
Japan's Stewardship Code ("Principles for Responsible Institutional Investors")
Japan's Corporate Governance Code established by Tokyo Stock Exchange

Environmental initiatives

United Nations Environment Programme - Finance Initiative (UNEP-FI)

Daiwa Securities Group Inc. became a signatory in May 2018. In collaboration with financial institutions, policymakers, and regulatory authorities, UNEP-FI works to advance a shift to a financial system that takes economic development and ESG into consideration. As a financial institution, Daiwa Securities Group will promote collaboration in the international community to address environmental issues.

Task Force on Climate-related Financial Disclosures (TCFD)

This is a task force established by the Financial Stability Board (FSB) in 2015. TCFD asks companies to grasp and disclose information on the impact of climate change on finances during the course of a shift to a low-carbon economy. Daiwa Securities Group Inc. announced its support for TCFD in April 2018 and also participates in the TCFD Consortium, established in May 2019 in Japan.

CDP

CDP is a project in which institutional investors interested in climate change collaborate and require global companies to disclose information on their attitudes and approaches to environmental issues.
We announced its support for the project in 2004.

Principles for Financial Action for the 21st Century

Based on the recommendations of the Central Environment Council of the Ministry of the Environment, this is an action guideline for financial institutions that was established with the aim of expanding the circle of environmental finance efforts.
The Group has been actively involved since the drafting stage of this principle, and signed in 2011 when it was established.

Diversity initiatives

30% Club Japan

In May 2019, the Chairman of the Board and President and CEO of Daiwa Securities Group Inc. started to participate in the 30% Club Japan as members in support of its activities. The 30% Club, established in the U.K. in 2010, is a worldwide campaign aimed at increasing the ratio of women in executive positions to promote the sustainable development of companies. It has been rolled out in 14 countries and regions including Japan, greatly contributing to a rise in the ratio of female executives.

The United Nations Guiding Principles on Business and Human Rights

The eight fundamental conventions of the International Labour Organization