Nomura Asset Management Co., Ltd.
Nomura AM participates in the Principles for Responsible Investment (PRI) nature-related initiative “Spring”
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Nomura Asset Management Co., Ltd. (CEO and President: Hiroyasu Koike, hereinafter referred to as the “Company”) is participating in Spring, a nature-related initiative newly launched by the Principles for Responsible Investment (PRI). Spring has announced all participating institutional investors, and we would like to inform you about related activities.
Spring was launched in October 2023 as a collaborative initiative of institutional investors aiming to address the loss of natural capital and biodiversity. There are 129 companies, with total assets under management of approximately $9 trillion. Participating institutional investors will encourage their portfolio companies to address the loss of natural capital and biodiversity. Specifically, we will first conduct engagement (constructive dialogue with companies) with 40 major companies, focusing on forest loss and land degradation, which are the main causes of biodiversity loss.
From our company, ESG investment manager Dai Yamawaki serves as a member of the advisory committee* and has participated in the process of selecting companies for engagement. Going forward, we plan to engage as lead investor in collaboration with other participating institutions. Our company recognizes issues related to natural capital as particularly important and has specified them in our ESG statement since 2019. In addition to regular research on natural capital-related data and regulatory trends for investment stocks, we evaluate both risks and opportunities through engagement focused on the natural capital sector. We reflect this in our investment decisions and promote initiatives to preserve natural capital as an institutional investor and business company. Our company signed the PRI in 2011. Through our engagement activities in the areas of natural capital and biodiversity, we will continue to promote the efforts of our investee companies and contribute to improving long-term corporate value and social sustainability.
*A committee whose purpose is to provide advice to PRI regarding its strategy and implementation in nature-related fields. It is made up of members selected from signatory organizations around the world (including two Japanese companies).
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About our company Trade name: Nomura Asset Management Co., Ltd. Financial instruments business operator Kanto Local Finance Bureau (Kinsho) No. 373 Member associations: The Investment Trusts
Association, Japan / Japan Investment Advisers Association, General Incorporated Association / Type 2 Financial Instruments, General Incorporated Association Trade association website:
https://www.nomura-am.co.jp/X (formerly Twitter):
https://twitter.com/nomura_am_jp/
More details about this release:
https://prtimes.jp/main/html/rd/p/000000151.000084182.html