Nib Health Funds

Nib Health Funds's reported carbon emissions

In 2025, Nib Health Funds reported total carbon emissions of approximately 16.5 million kg CO2e. This figure includes Scope 1 emissions of about 59,700 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 73,000 kg CO2e, all from purchased electricity. The majority of their emissions, approximately 16.4 million kg CO2e, fall under Scope 3, which encompasses various categories such as purchased goods and services, employee commuting, and business travel. Nib has set ambitious climate commitments, aiming for a 25% absolute reduction in Scope 2 emissions by 2030 from a FY20 baseline. Additionally, they have committed to achieving net zero emissions across all scopes by 2040. Notably, they have already achieved a significant milestone by halving their Scope 1 and 2 emissions by 2030 from a FY21 baseline. These targets align with their commitment to science-based targets, reinforcing their dedication to sustainable practices within the financial and insurance sectors in Australia.