Financial Well-being and Sustainable Growth
Chairing GX Business Working Group, finding climate
change opportunities
NOMURA
We are chairing the GX Business Working Group (79 member companies), one of the initiatives under the GX League (Green
Transformation League) led by METI
GX League was set up in February this year and its 500 endorsing companies focus on three areas: discuss how society
looks in the future, develop market rules, voluntary emissions trading
As part of developing market rules, the aim is to create a mechanism to properly evaluate climate change opportunities for
companies
Evaluation of climate change
Focus only on risks
Current
✓ Focus only on risks such as disclosure
of CO2 emissions when evaluating
companies on climate change
Climate
risk
Future
Risks and opportunities
Proper evaluation of not just
risks but also opportunities such
as companies that have
products and services that
contribute to reducing emissions
or companies that invest in
developing innovative
technologies
Climate
risk
+
Climate
opportun
ities
Nomura's aim in Working Group
✓ As a financial institution, support corporates to see climate change opportunities as the world
moves towards carbon neutral
✓ With a view to future rule making in public and private sectors, communicate concepts,
disclosure and evaluation items, and evaluation guidelines on climate change opportunities for
corporates
As Chair, actively communicate guidelines to international community with aim of promoting to
not just Japanese but also international institutional investors
GX
League
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