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nib Health Funds, commonly known as nib, is a prominent Australian private health insurance provider headquartered in Newcastle, New South Wales. Established in 1952 in the Hunter Region, nib has grown significantly from its regional beginnings to become a publicly listed company and one of Australia's leading health funds.
Specialising in comprehensive private health insurance for individuals, families, and businesses across Australia and New Zealand, nib also offers essential international student and visitor health cover. Their diverse portfolio uniquely extends to travel insurance, catering to a global customer base and supporting healthier lives.
As a key player in Australia's financial services sector, nib Health Funds focuses on delivering value-driven health solutions. The company leverages extensive experience to provide tailored policies, ensuring members have access to quality healthcare support and peace of mind.
+31 vs industry average
Nib Health Funds’s score of 68 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Nib Health Funds, an Australian financial intermediation services company, reported total carbon emissions of approximately 16.5 million kg CO2e in 2025. This included about 59,700 kg CO2e from Scope 1 emissions, 73,000 kg CO2e from Scope 2 emissions, and approximately 16.4 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were purchased goods and services (approximately 10 million kg CO2e), capital goods (approximately 2.05 million kg CO2e), and employee commute (approximately 2.87 million kg CO2e).
In 2024, their total carbon emissions were approximately 14.9 million kg CO2e, with around 27,100 kg CO2e from Scope 1, 182,300 kg CO2e from Scope 2, and approximately 14.7 million kg CO2e from Scope 3.
Nib Health Funds is committed to long-term climate action. They have set a target to achieve net-zero emissions by 2040. The company is also committed to science-based targets and aims to reduce Scope 1 and 2 emissions by 50% by 2030, using a FY21 baseline. Furthermore, they intend to reduce Scope 2 emissions by 25% by 2030, using a FY20 baseline, and aim to reduce Scope 3 emissions by 25% by 2030.
2050
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