ASSESSMENT REPORT
2023
Nomura Asset Management Co., Ltd.
Generated 22-12-2023

About this report
PRI reporting is the largest global reporting project on responsible investment. It was developed with investors, for investors.
PRI signatories are required to report publicly on their responsible investment activities each year. In turn, they receive a number ofoutputs, including an Assessment Report.
The Assessment Reports, which are produced using signatories' reported information, support signatories to have internal discussions
about their practices. They facilitate learning and development by outlining how signatories' responsible investment practices compare
year-on-year, across asset classes, and with peers at a local and global level. Signatories can also choose to make these available toclients, beneficiaries, and other stakeholders.
This Assessment Report is an export of the scores for all the assessed indicators and modules you responded to in the PRI Reporting
Framework during the 2023 reporting period.
The high-level assessment methodology can be found under the Assessment Methodology section of the How investors are assessedon their reporting webpage. Question-level assessment criteria can be found after each core indicator in the Investor Reporting
Framework webpage.
Assessment Reports are confidential and only accessible to the reporting signatories they belong to on the Data Portal.
View the dataset of median scores, based on all signatories' scores.

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As responsible investment practices have moved into the mainstream, PRI signatories are increasingly choosing to share their scoresand Assessment Reports externally.
The PRI encourages such transparency and has developed a set of guidelines to support signatories wanting to disclose theirassessment results, to ensure they are represented accurately and consistently:
Signatories should avoid portraying any single score as representative of an overall or average score.
Signatories should avoid disclosing individual module scores in isolation and instead present them with the full Summary
Scorecard, which contains all module scores, to ensure full transparency.
Signatories should avoid disclosing individual indicator scores in isolation and instead present them with the full Module
Scorecard, which contains all individual indicator scores per module.
Publication of scores should be accompanied by access to the full Assessment Report (once available) and public Transparency
Report.
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Disclaimers
Responsible investment definitions
Within the PRI Reporting Framework Glossary, we provide definitions for key terms to guide reporting on responsible investment
practices in the Reporting Framework. These definitions may differ from those used or proposed by other authorities and regulatory
bodies due to evolving industry perspectives and changing legislative landscapes. Users of this report should be aware of thesevariations, as they may impact interpretations of the information provided.

Data accuracy
This document presents information reported directly by signatories in the 2023 reporting cycle. This information has not been auditedby the PRI or any other party acting on its behalf. While this information is believed to be reliable, no representations or warranties aremade as to the accuracy of the information presented.
The PRI has taken reasonable action to ensure that data submitted by signatories in the reporting tool is reflected in their official PRI
reports accurately. However, it is possible that small data inaccuracies and/or gaps remain, and the PRI shall not be responsible or
liable for such inaccuracies and gaps.

2Table of Contents
ContentPage

SUMMARY SCORECARD

4SUMMARY SCORECARD (CONTINUED)

5

INDICATOR LEVEL SCORES FOR POLICY GOVERNANCE AND STRATEGY

6INDICATOR LEVEL SCORES FOR POLICY GOVERNANCE AND STRATEGY (CONTINUED)

7INDICATOR LEVEL SCORES FOR INDIRECT - LISTED EQUITY - ACTIVE

8INDICATOR LEVEL SCORES FOR INDIRECT - FIXED INCOME - ACTIVE

9INDICATOR LEVEL SCORES FOR DIRECT - LISTED EQUITY - PASSIVE EQUITY

10INDICATOR LEVEL SCORES FOR DIRECT - LISTED EQUITY - ACTIVE QUANTITATIVE

11INDICATOR LEVEL SCORES FOR DIRECT - LISTED EQUITY - ACTIVE FUNDAMENTAL12INDICATOR LEVEL SCORES FOR DIRECT - FIXED INCOME - SSA

13INDICATOR LEVEL SCORES FOR DIRECT - FIXED INCOME - CORPORATE

14INDICATOR LEVEL SCORES FOR DIRECT - HEDGE FUNDS - LONG/SHORT CREDIT

15

INDICATOR LEVEL SCORES FOR CONFIDENCE BUILDING MEASURES

163

SUMMARY SCORECARDPRI Median

Module score
Star score

Module Score

AUM coverage★☆☆☆☆
(0<=25%)★★☆☆☆
(>25<=40%)★★★☆☆
(>40<=65%)★★★★☆
(>65<=90%)★★★★★
(>90%)

Policy Governance and Strategy
★★★★★

98

Indirect - Listed equity - Active
★★★★☆

<10%

Indirect - Fixed income - Passive
N/R

<10%

Indirect - Fixed income - Active
★★★★☆

<10%

Indirect - Private equity
N/R

<10%

Indirect - Real estate
N/R

<10%

Indirect - Infrastructure
N/R

<10%

Indirect - Hedge funds
N/R

<10%

Direct - Listed equity - Passive equity★★★★★

>=10 and <=50%

100

Direct - Listed equity - Active quantitative★★★★★

<10%100

Direct - Listed equity - Active fundamental★★★★★

<10%100

8288

4
Summary Scorecard continues on next page

SUMMARY SCORECARD (CONTINUED)
PRI Median

Module Score

Module score
Star score

AUM coverage

Direct - Fixed income - SSA★★★★★

>=10 and <=50%

Direct - Fixed income - Corporate★★★★★

<10%Direct - Hedge funds - Long/short credit★☆☆☆☆

Confidence building measures
★★★☆☆

★☆☆☆☆
(0<=25%)★★☆☆☆
(>25<=40%)★★★☆☆
(>40<=65%)★★★★☆
(>65<=90%)★★★★★
(>90%)

95

97<10% 060

5INDICATOR LEVEL SCORES FOR POLICY GOVERNANCE AND STRATEGY
SectionSub-section

Indicator

Your Score PRI Median Score

Median Sample Size

PolicyResponsible investment policy elements

PGS 1

100/100

100/100

3774

PolicyResponsible investment policy elements

PGS 2

150/150

99/1503774

PolicyResponsible investment policy elements

PGS 3

100/100

50/1003774

PolicyResponsible investment policy elements

PGS 5150/150

90/1503509

PolicyResponsible investment policy elements

PGS 6150/150

99/1501985

PolicyResponsible investment policy elements

PGS 7100/100

50/100554

PolicyResponsible investment policy coverage

PGS 8

150/150

150/150

3774

PolicyResponsible investment policy coverage

PGS 9150/150

150/150

2679

PolicyResponsible investment policy coverage

PGS 10150/150

150/1503509

PolicyResponsible investment policy coverage

PGS 10.1 100/100

100/100

1921

Governance Roles and responsibilities

PGS 11100/100

100/100

3774

Governance Roles and responsibilitiesPGS 11.1 150/150

150/150

3593

Governance Roles and responsibilities

PGS 11.2 150/150

150/150

1524

Governance Roles and responsibilities

PGS 12

100/100

100/100

3774

Governance Roles and responsibilities

PGS 13

100/100

0/100

2362

Governance Roles and responsibilities

PGS 14200/200

0/200

3123

Governance External reporting and disclosures

PGS 16200/200

132/200

3774

Governance External reporting and disclosures

PGS 17200/200

0/200

3774

Governance External reporting and disclosures

PGS 19200/200

200/200

1784

Strategy

Capital allocation

PGS 20100/100

100/100

3042

Strategy

Capital allocation

PGS 21200/200

133/2002737

Strategy

Stewardship: Overall stewardship strategy

PGS 22200/200200/2003729

Strategy

Stewardship: Overall stewardship strategy

PGS 24200/200100/2002598

Strategy

Stewardship: (Proxy) voting

PGS 29150/150

113/150999

Strategy

Stewardship: (Proxy) voting

PGS 3075/10075/100448

6Scorecard continues on next page

INDICATOR LEVEL SCORES FOR POLICY GOVERNANCE AND STRATEGY(CONTINUED)
Section Sub-section

Indicator

Your Score

PRI Median Score

Median Sample Size

Strategy Stewardship: (Proxy) voting

PGS 31200/200200/200

1952

Strategy Stewardship: (Proxy) voting

PGS 3250/1000/100

1887

Strategy Stewardship: (Proxy) voting

PGS 33

132/2000/200

1955

Strategy Stewardship: (Proxy) voting

PGS 33.1 100/1000/100

1955

Strategy Stewardship: (Proxy) voting

PGS 34200/200

90/2001811

Strategy Stewardship: Escalation

PGS 36100/100

45/1002200

Strategy Stewardship: Escalation

PGS 37100/100

50/1001657

Strategy Stewardship: Engagement with policy makers

PGS 39200/200

100/200

3770

Strategy Stewardship: Engagement with policy makers

PGS 39.1 200/200

66/2003509

Strategy Stewardship: Engagement with policy makers

PGS 39.2 200/2000/200

2110

Strategy Climate change

PGS 41200/200

200/2003774

Strategy Climate change

PGS 41.1 200/200200/2003774

Strategy Climate change

PGS 43200/2000/2003774

Strategy Climate change

PGS 44200/200

150/2003774

Strategy Climate change

PGS 45200/200

124/2003774

Strategy Climate change

PGS 46200/200

0/2003774

Strategy Sustainability outcomes

PGS 47200/200

200/2003774

Strategy Sustainability outcomes

PGS 47.1 150/150

150/150

2825

Strategy Sustainability outcomes

PGS 47.2 150/150

99/1502825

7

INDICATOR LEVEL SCORES FOR INDIRECT - LISTED EQUITY - ACTIVE
SectionSub-section

Indicator

Your Score

PRI Median Score

Median Sample Size

Overall Approach

External investment managers

SAM 1

100/100

100/100

786

Overall Approach

Service providers

SAM 2

150/150

150/150

414

Selection

Responsible investment practices

SAM 5

83/150122/150

622

Selection

StewardshipSAM 6

116/15080/150487

Selection

StewardshipSAM 7

73/15029/150397

Appointment

Segregated mandates

SAM 8

78/15047/150471

Monitoring

Responsible investment practices

SAM 9

150/150

50/150786

Monitoring

Responsible investment practices

SAM 12

150/150

113/150

786

Monitoring

StewardshipSAM 13150/150

150/150

599

Monitoring

StewardshipSAM 14

99/15050/150525

Monitoring

Engagement and escalation

SAM 16150/150

99/150786

Monitoring

Verification

SAM 17100/100

20/100786

8INDICATOR LEVEL SCORES FOR INDIRECT - FIXED INCOME - ACTIVE
SectionSub-section

Indicator

Your Score

PRI Median Score

Median Sample Size

Overall Approach

External investment managers

SAM 1

100/100

100/100802

Overall Approach

Service providers

SAM 2

150/150

150/150

424

Selection

Responsible investment practices

SAM 5

83/150122/150

626

Selection

StewardshipSAM 6116/150

54/150526

Appointment

Segregated mandates

SAM 878/150

50/150508

Monitoring

Responsible investment practices

SAM 9150/150

50/150802

Monitoring

Responsible investment practices

SAM 12150/150

113/150802

Monitoring

StewardshipSAM 13150/150

50/150637

Monitoring

Engagement and escalation

SAM 16150/150

99/150802

Monitoring

Verification

SAM 17100/100

0/100

802

9INDICATOR LEVEL SCORES FOR DIRECT - LISTED EQUITY - PASSIVE
EQUITY
SectionSub-section

Indicator Your Score PRI Median Score Median Sample Size

Overall Approach Materiality analysis

LE 1

150/150

93/150289

Overall Approach Monitoring ESG trends

LE 2

150/150

0/150

289

Pre-Investment

ESG incorporation in research

LE 4200/200

82/200289

Pre-Investment

ESG incorporation in portfolio construction

LE 6150/150

62/15028910INDICATOR LEVEL SCORES FOR DIRECT - LISTED EQUITY - ACTIVEQUANTITATIVE
SectionSub-section

Indicator Your Score PRI Median Score Median Sample Size

Overall Approach Materiality analysis

LE 1150/150

113/150305

Overall Approach Monitoring ESG trends

LE 2150/150

93/150305

Pre-Investment

ESG incorporation in research

LE 3200/200

141/200

305

Pre-Investment

ESG incorporation in research

LE 4200/200

150/200

305

Pre-Investment

ESG incorporation in portfolio construction

LE 6150/150

100/150

305

Post-Investment

ESG risk management

LE 9150/15050/150283

Post-Investment

ESG risk management

LE 10150/150

113/150

305

Post-Investment

Disclosure of ESG screens

LE 12150/150

99/15028711INDICATOR LEVEL SCORES FOR DIRECT - LISTED EQUITY - ACTIVEFUNDAMENTAL
SectionSub-section

Indicator Your Score PRI Median Score Median Sample Size

Overall Approach Materiality analysis

LE 1

150/150

138/150

1174

Overall Approach Monitoring ESG trends

LE 2150/150

113/150

1174

Pre-Investment

ESG incorporation in research

LE 3200/200

167/200

1174

Pre-Investment

ESG incorporation in research

LE 4200/200

183/200

1174

Pre-Investment

ESG incorporation in portfolio construction

LE 6150/150

100/150

1174

Post-Investment

ESG risk management

LE 9150/150

50/150921

Post-Investment

ESG risk management

LE 10150/150

113/150

1174

Post-Investment

Disclosure of ESG screens

LE 12150/150

99/15094712INDICATOR LEVEL SCORES FOR DIRECT - FIXED INCOME - SSA
SectionSub-section

Indicator Your Score PRI Median Score Median Sample Size

Overall Approach Materiality analysis

FI 1

150/150

95/150689

Overall Approach Monitoring ESG trends

FI 2113/150

87/150689

Pre-Investment

ESG incorporation in research

FI 3150/150

150/150689

Pre-InvestmentESG incorporation in research

FI 4200/200

150/200

646

Pre-Investment

ESG incorporation in research

FI 6200/200

116/200

689

Pre-Investment

ESG incorporation in portfolio construction

FI 8150/150

100/150

689

Post-Investment

ESG risk management

FI 11200/200

107/200

689

Post-Investment

ESG risk management

FI 12150/150

75/150689

Post-Investment

Thematic bonds

FI 16

100/100

0/100

247

Post-Investment

Thematic bonds

FI 17

99/1500/150

182

Post-Investment

Disclosure of ESG screens

FI 18

150/150

99/15056513INDICATOR LEVEL SCORES FOR DIRECT - FIXED INCOME - CORPORATESection

Sub-section

Indicator Your Score PRI Median Score Median Sample Size

Overall Approach Materiality analysis

FI 1150/150

113/150845

Overall Approach Monitoring ESG trends

FI 2150/150

87/150845

Pre-Investment

ESG incorporation in research

FI 3150/150

150/150845

Pre-Investment

ESG incorporation in research

FI 4200/200

200/200

795

Pre-Investment

ESG incorporation in research

FI 6200/200

116/200845

Pre-Investment

ESG incorporation in portfolio construction

FI 8150/150

113/150

845

Post-Investment

ESG risk management

FI 11200/200

133/200

845

Post-Investment

ESG risk management

FI 12150/150

113/150845

Post-Investment

Thematic bonds

FI 16

100/100

75/100244

Post-Investment

Thematic bonds

FI 17

99/15050/150151

Post-Investment

Disclosure of ESG screensFI 18150/150

99/15071414INDICATOR LEVEL SCORES FOR DIRECT - HEDGE FUNDS - LONG/SHORTCREDITSection

Sub-section

Indicator Your Score PRI Median Score Median Sample Size

PolicyInvestment guidelines

HF 10/150

50/15038

Overall Approach Materiality analysis

HF 20/150

58/15038

Overall Approach Monitoring ESG trends

HF 30/2000/20038

Pre-Investment

ESG incorporation in research

HF 40/150

84/15036Pre-Investment

ESG incorporation in portfolio construction

HF 60/150

37/15038

Post-Investment

ESG risk management

HF 80/150

50/15031

Post-Investment

ESG risk management

HF 90/150

0/150

3815

INDICATOR LEVEL SCORES FOR CONFIDENCE BUILDING MEASURES
SectionSub-section

Indicator

Your
Score

PRI Median
Score

Median Sample
Size

Confidence-building
measuresApproach to confidence-building
measures

CBM 1

50/15099/1503774

Confidence-building
measuresInternal review

CBM 6100/100

100/100

3429

16