Daiwa Securities Group's Management Vision "Vision 2030"
"Vision 2030" -From savings to SDGs-
Daiwa Securities Group has outlined its goals in "Vision 2030," which is rooted in its Corporate Principles and the Daiwa Spirit; 2030 is also the year by which it seeks to realize the SDGs.
Vision 2030 takes as its core concept "From savings to SDGs" and, through this Vision, the Group intends to realize the SDGs by creating a sustainable capital cycle.
"Vision 2030" and materiality
In "Vision 2030," Daiwa Securities Group identified priority areas and priority issues it should focus on as "Materiality."
100 years of life
Realization of a society where everyone can spend 100 years of life affluently
Innovation that enriches society Promote and realize your own transformation
Green & Social
Promoting the transition to a carbon-free society and realizing a resilient society
|Foundation of sustainable management
Diversity & Inclusion-Strengthening the foundation that supports sustainable corporate management-
Realization of a society where everyone can play an active role by acknowledging diverse personalities
Daiwa Securities Group Key Performance Indicators (KPIs)
The Medium-term Management Plan "Passion for the Best" 2023 maps out strategies for the first three years of Vision 2030 and incorporates KPIs for managing progress as it seeks to achieve its vision.
KPIs and Key Areas Related to KPIs (Targets to achieve in FY2023)
Wealth Management Business
Retail Division asset based revenue ratio
Hybrid-related ordinary income
Hybrid-related ordinary income ratio
Consolidated total capital ratio
Number of Digital IT Master
Number of CFP and CMA
Wealth Management Business
Daiwa Securities assets under custody (AUC)
SDGs bond league table
In top 3
¥200 billion or more
Balance of investment in
¥150 billion or more
Ratio of women on the boards of directors
30% or higher*2
Ratio of women in management positions
25% or higher*3
Maintain at 80% or higher
- *14Q, FY2023
- *2By 2030
Materiality Identification Process
Daiwa Securities Group identified important environmental and social issues in the formation of its medium- to long-term Vision. The Group also identified "Materiality (priority areas and priority issues)" based on the requests of society it understood through communication with shareholders as well as the Group's impact on society.
The Group seeks to achieve "Vision 2030" by managing progress based on KPIs initiatives in order to improve the Group's value and realize a sustainable society.
Click to see the dialogue.
Sustainability Promotion Structure
Chaired by the president and CEO, the Sustainability Promotion Committee (formerly the SDGs Promotion Committee) was established by Daiwa Securities Group in 2018 as the decision-making organization for its sustainability promotion policies.
This Committee regularly reports the details of its discussions regarding sustainability promotion to the Board of Directors and the Executive Management Committee, which deliberate on these where appropriate. The Board of Directors also makes decisions on important policies regarding sustainability. The Group will continue to enhance the Board of Directors' supervisory functions covering the status of the Group's response to sustainability-related issues.
The Group invites external experts to the Committee on a regular basis, which enables it to utilize the experience and insights of those experts in its discussions.
Based on decisions made by the Committee, the Corporate Planning Department's Sustainability Promotion Office works to deploy sustainability promotion initiatives throughout the Group, and endeavors to strengthen collaboration and raise awareness of sustainability within the Group.
Board of Directors
Executive Management Committee
Sustainability Promotion Committee
Chair: President and CEO Seiji Nakata
Head of Sustainability: Deputy President Keiko Tashiro
Internal committee members: 16 Outside committee members: 3
Internal Expert WG
Sustainability Advisory Group
Chair: Head of Sustainability
Sustainable Business WG
Group companies and
major overseas offices)
ESG Response WG
Secretariat: Sustainability Promotion Office, Corporate Planning Department
Some directors (including non-executive directors) participate as committee members
(as of April 1, 2023)
|Head of Sustainability
|Promotes businesses that contribute to sustainability throughout the Group, and oversees initiatives to enhance the foundation for sustainable management
|Promote SDGs/ESG-related businesses and conduct KPI progress management for each organization (Headquarters and Group companies) within the Group
|Sustainable Business WG
|Monitor the KPIs, ascertain the progress status of SDGs/ESG-related businesses, identify issues, and plan and implement measures for these issues under the direction of sustainability managers
|ESG Response WG
|Enhance and strengthen ESG response in reference to external evaluations (investors and evaluation organizations) regarding ESG
|Sustainability Advisory Group
|Composed of internal experts with extensive knowledge in sustainability who exchange opinions regarding challenges for the Group and future action
|Sustainability Disclosure WG
|Cross-departmental organizations that aim to expand the disclosure of sustainability information from the perspective of integrated reporting
|Scope 3 Emissions Monitoring Team
|Monitors emissions relating to the investment and loan portfolios, and sets targets
Sustainability Promotion Committee members list
- *The names are arranged in alphabetical order in Japanese
History of Sustainability Promotion
Adopted SDGs (Sustainable Development Goals)
The SDGs (Sustainable Development Goals) are the 17 common goals of humankind that were created by UN member countries, various organizations and people, and adopted by the United Nations in 2015. It has been promised that each country will actively work to achieve these goals. Daiwa Securities Group considers the SDGs to be important goals that give direction to the world, and will approach social issues as an important common language when conducting business in Japan and overseas.
Established "Sustainability Promotion Committee (formerly SDGs Promotion Committee)"
In 2018, we established the Sustainability Promotion Committee (formerly SDGs Promotion Committee) chaired by Seiji Nakata, President and CEO. External committee members always participate to bring in fresh ideas and cutting-edge information from outside the company, and we are making Group-wide efforts to contribute to sustainability.
Formulation of "Medium-Term Management Plan (FY2018-FY2020) 'Passion for the Best' 2020"
In our Medium-term Management Plan "Passion for the Best" 2020, the basic policy is to "provide high value-added solutions through our No. 1 quality consulting capabilities" and "provide new value as a hybrid comprehensive securities group." We aim to be a "pioneer in the financial and capital markets that creates the future," which creates a virtuous cycle of expanding customers' assets and growing the companies that drive the Japanese economy.
Announcement of "Daiwa Securities Group SDGs Declaration (Passion for SDGs 2018)"
The Sustainability Promotion Committee (formerly SDGs Promotion Committee) has clearly stated that we will actively promote initiatives that contribute to the SDGs through our Group business in the "Daiwa Securities Group SDGs Declaration (Passion for SDGs 2018)."
Announcement of SDGs Materiality and SDGs Promotion Action Plan
In order to promote sustainability in the entire Group, we believe that not only top-down promotion but also bottom-up efforts by employees are important, and we solicited a wide range of sustainability-related initiatives and ideas from employees. When soliciting ideas, we incorporated two perspectives: Forecasting that considers what we can do now, and Backcasting that considers what we can do based on the "ideal image" of the Group in 2030, the deadline for achieving the SDGs. As a result, for Forecasting we gathered more than 4,200 ideas not only from the headquarters departments, but also from branch offices in Japan, Group companies, and overseas bases. In the Backcasting approach, about 120 volunteers gathered through internal recruitment and made a proposal for the realization of the Group's "Vision 2030".
We identified issues from this bottom-up initiative, and summarized them by collating them with the demands from society, which we uncovered through communication with stakeholders and the knowledge of outside experts. Then, after discussions at the Sustainability Promotion Committee (formerly SDGs Promotion Committee), we finalized the "Daiwa Securities Group's Priority Issues (SDGs Materiality)."
Furthermore, from this bottom-up initiative, we identified the matters that should be focused on to solve the priority issues, and compiled the "Passion for SDGs 2019 -Daiwa Securities Group Action Plan-."
Announcement of SDGs Promotion KPIs for FY2020
We have only 10 years left before 2030, the deadline for achieving the SDGs. Aiming to build a "Daiwa version of an SDG value chain" that generates a sustainable flow of funds, in order to accelerate the initiatives of our SDGs promotion action plan, we have set SDGs promotion KPIs for each action theme for this fiscal year, and have started trial operation. Based on these KPIs, we monitored the status of progress and made revisions if necessary, aiming for full-scale operation in the following fiscal year and beyond.
Announcement of the management vision "Vision 2030" and the Medium-term Management Plan (FY2021-FY2023) "Passion for the Best" 2023
Moving forward to 2030, we formulated and announced the management vision "Vision 2030" in May 2021 for all executives and employees to share what Daiwa Securities Group wants to be and what the Group should be, and to work as one on the creation of shared values. "Vision 2030" takes as its core concept "From savings to SDGs" and, through this Vision, the Group intends to realize the SDGs by creating a sustainable capital cycle.
The Medium-term Management Plan "Passion for the Best" 2023 maps out strategies for the first three years toward the realization of "Vision 2030".
Daiwa Securities Group will continue to contribute to the creation of a sustainable and prosperous society.
FY2021-FY2023 New Medium-Term Management Plan
"Passion for the Best" 2023
The best partner for co-creating the future
~ Be with you ~
Achieving "Customer First" &
Creation of a new capital
recycling system through a
Pursuing the best mix of digital and real
Initiatives in sustainability
Financial & capital/Risk management/
and benefits to all
Providing high value added
solutions through the use of
our "Quality No. 1"
Providing new value as an
integrated securities group
with a hybrid business model
In the Medium-term Management Plan "Passion for the Best" 2023, we have incorporated an SDGs perspective as the basis of our business strategy, and have continued to adopt and will further strengthen the basic policies of "achieving Customer First & Quality No.1" and "creating a new capital recycling system through a hybrid strategy." In light of the increased importance of promotion of digital transformation (DX), we have also set "pursuing the best mix of digital and real" as the third pillar.
In addition to these three basic policies, we have established the slogan of staying close to customers and becoming "The best partner for co-creating the future -Be with you-."
We will further step up our sustainability initiatives, including SDGs and ESG initiatives, and corporate strategies at head office divisions as the foundations that support individual strategies.
SDGs(Sustainable Development Goals)
International goals up to 2030 adopted by the United Nations Summit in September 2015. 17 goals and 169 targets were set to realize a sustainable world. The SDGs question the ideal state of not only developing countries but also advanced countries including Japan, and pledge that "No one will be left behind" in the process of the initiatives.