NN Group
NN Group, officially known as NN Group N.V., is a prominent financial services provider headquartered in the Netherlands (NL). Established in 1845, the company has evolved significantly, marking key milestones such as its rebranding in 2014 following the acquisition of Delta Lloyd. NN Group operates primarily in the insurance and asset management sectors, offering a diverse range of products including life insurance, pensions, and investment solutions. With a strong presence in Europe and Japan, NN Group is recognised for its customer-centric approach and innovative financial solutions. The company’s commitment to sustainability and responsible investing further distinguishes it in the competitive landscape. As a leading player in the financial services industry, NN Group continues to achieve notable accolades, reinforcing its market position and dedication to delivering value to its clients.
DitchCarbon Score
How does NN Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
NN Group's score of 64 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NN Group's reported carbon emissions
In 2024, NN Group reported total carbon emissions of approximately 3,192,130,000 kg CO2e. This includes Scope 1 emissions of about 1,896,000 kg CO2e, Scope 2 emissions of approximately 4,375,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 3,185,858,000 kg CO2e. In 2023, the total emissions were about 3,801,276,000 kg CO2e, with Scope 1 at approximately 1,785,000 kg CO2e and Scope 2 at around 6,601,000 kg CO2e (market-based). NN Group has set ambitious reduction targets, aiming for a minimum of 35% reduction in greenhouse gas (GHG) emissions by 2025 and 70% by 2030, compared to 2019 levels. Specifically, they target a 45% reduction in Scope 1 and 2 emissions (market-based) by 2025, and a 25% reduction in Scope 3 emissions related to business air travel. Furthermore, the company aspires to achieve net-zero GHG emissions across its proprietary investment portfolio by 2050. In addition to these targets, NN Group is committed to achieving net-zero GHG emissions from its own operations by 2040. This comprehensive approach reflects their dedication to contributing to a net-zero economy and addressing climate change effectively.
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| 2019 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 3,032,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | 4,275,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
NN Group is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
