Aegon Nederland

Aegon Nederland, a financial intermediation services company based in the Netherlands, reported its latest carbon emissions data for 2025. The company's Scope 1 emissions were approximately 2,364,000 kg CO2e, while Scope 2 (market-based) emissions were around 1,426,000 kg CO2e. For Scope 3, significant contributors included purchased goods and services at approximately 173,893,000 kg CO2e, and business travel at about 8,270,000 kg CO2e.

Looking back, in 2024, Aegon Nederland's Scope 1 emissions were about 1,480,000 kg CO2e, and Scope 2 (market-based) emissions were approximately 1,590,000 kg CO2e. Key Scope 3 categories for that year included purchased goods and services at around 158,500,000 kg CO2e and business travel at approximately 8,709,000 kg CO2e.

For 2023, the company reported Scope 1 emissions of approximately 1,945,000 kg CO2e and Scope 2 (market-based) emissions of about 229,000 kg CO2e. Scope 3 data for purchased goods and services was not available for 2023. In 2022, Aegon Nederland's Scope 1 emissions were roughly 3,361,000 kg CO2e, and Scope 2 (location-based) emissions were around 11,068,000 kg CO2e. Scope 3 business travel emissions in 2022 were approximately 6,350,000 kg CO2e.

Aegon Nederland has established several climate commitments. In line with its net-zero commitment, the company aims to reduce the carbon footprint of its operational activities (Scope 1 and Scope 2) by 25% by 2025, against a 2019 baseline. The company has made significant progress, achieving a 77% reduction in its operational carbon footprint by the end of 2025, compared to the 2019 baseline. This reduction is attributed to moving to more energy-efficient properties and implementing energy-efficiency measures and renewable energy sourcing. Aegon's operational emissions targets for 2030 are aligned with the Paris Agreement to limit global warming to 1.5°C, with Scope 1 contributing approximately 27% and Scope 2 approximately 73% to this reduction target. Furthermore, Aegon UK has committed to achieving net-zero financed emissions for its default pension funds by 2050, with an interim target of a 50% reduction by 2030, against a 2020 baseline (Scope 3 downstream).

Emissions performance data for Aegon Nederland is cascaded from its parent company, Aegon Ltd.