The Daiwa Securities Group Net Zero Carbon Declaration

Towards the early achievement of a carbon-neutral society, the Group has formulated the "Daiwa Securities Group Net Zero Carbon Declaration" that commits to achieve net zero greenhouse gas emissions within our own operations* by 2030 (Scope 1 and Scope 2), and net zero greenhouse gas emissions across our investment and loan portfolios, etc. by 2050 (Scope 3).
* The company's emissions will be calculated on a consolidated basis

The Daiwa Securities Group Net Zero Carbon Declaration

(1) Achieve net zero greenhouse gas emissions within our own operations* by 2030 (Scope 1 and Scope 2)
(2) Achieve net zero greenhouse gas emissions within our investment and loan portfolios, etc. by 2050 (Scope 3)
(3) Support the smooth transition to a carbon-neutral society through our business activities

The Daiwa Securities Group's main priority areas

Sustainable finance for the delivery of a carbon-neutral society

Promote green finance / transition finance

Expand business investment in the renewable energy sector

Strengthen engagement with investee firms

Support for new technologies and promote business solutions that contribute to the delivery of a carbon-neutral society

Promote innovation (hydrogen, CCUS, etc.) and provide support for new technologies

Expand our advisory business within the renewable energy sector

Provide investment opportunities that contribute to the delivery of a carbon-neutral society

Expand our lineup of related products and services

Expand investment trusts with an environmental theme

Arrange SDGs bonds including green bonds

Promote SDGs-IPO in the environmental sector

Reduce the environmental footprint of the company

Shift to 100% renewable energy

Continue efficient use of energy

Consider carbon offsetting

Set targets to align with the Paris Agreement goals and expand transparent information disclosure

Analyze greenhouse gas emissions management methods for investment and loan portfolios

Set intermediate targets for Scope 3 to align with the Paris Agreement goals by utilizing SBT, etc. (in FY2023)

Ensure appropriate disclosures related to our climate change response (TCFD, etc.)

Strengthen our management system to achieve net zero carbon

Revise and embed the Daiwa Securities Group "Environmental and Social Policy Framework"

Embed sustainability elements into Corporate Executive Officers’ compensation

Roadmap for achieving Net Zero Carbon

2021/4

2024/3

final year for “Vision 2030”
(Realize the SDGs)

2030

2040

Realize Japanese goverment
Carbon Neutrality

2050

Achieve by 2030

Set intermediate targets (in FY2023)

Achieve
by 2050

Daiwa Securities Group’s Management Vision “Vision 2030”

Medium-term Management Plan “Passion for the Best” 2023

The Daiwa Securities Group Net Zero Carbon Declaration

Progress on
net zero within our
own operations

Shift to 100% renewable energy
Continue efficient use of energy
Consider carbon offsetting

Progress on net zero related to
business activities

Initiatives
within our
investment
and loan
portfolios

Initiatives except
investment and
loan portfolios

Initiatives
through
business
activities

Analyze emissions
management methods
for investment
and loan portfolios

Start monitoring
investment and
loan portfolios

Strengthen engagement with investees

Promote reduction of emissions related to business travel, commuting, etc.

Promote green finance / transition finance
Expand business investment in the renewable energy sector

Promote innovation (hydrogen, CCUS, etc.) and provide support for new technologies

Provide investment opportunities that contribute to the delivery of a carbon-neutral society

Appropriate disclosures related to climate change response (TCFD, etc.)

Participate in international initiatives (SBT, etc.)

Strengthen our management system to achieve net zero carbon
Revise and embed the Daiwa Securities Group’s "Environmental and Social Policy Framework"