Nomura Research Institute Ltd

Nomura Research Institute discloses a clear governance framework that links its public-policy engagement to its climate objectives. It states that "the NRI Group is actively collaborating with stakeholders to help achieve the goals of the Paris Agreement" and confirms that it has "a public commitment... to conduct [its] engagement activities in line with the goals of the Paris Agreement." Oversight is assigned to named bodies: "The Sustainability Activities Committee regularly reviews whether these initiatives are consistent with NRI's core policies on climate change and their alignment with the Paris Agreement," while, for direct advocacy, in-house experts are "selected as members of the Sustainability Promotion Committee... to confirm that direct policy-influencing activities are consistent with NRI Group's climate-change policy." These committees monitor both channels of influence: indirect participation in "a wide range of partnerships with both domestic and international industry associations" is reviewed for consistency, and direct policy advice delivered as a think-tank to "government agencies" is likewise checked for alignment. Although the company does not disclose outcomes such as changing or exiting misaligned associations, the recurring committee review, the explicit mandate to test alignment with the Paris goals, and the identification of the responsible governance bodies indicate strong governance of both direct and indirect climate-related lobbying activities.