NN Group Sustainability Profile
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 65 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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. The previous year, 2023, saw total emissions of about 3,801,276,000 kg CO2e, with Scope 1 at approximately 1,785,000 kg CO2e, Scope 2 at around 5,092,000 kg CO2e (market-based), and Scope 3 emissions reaching about 3,794,398,000 kg CO2e. NN Group has set ambitious climate commitments, aiming to reduce its greenhouse gas (GHG) emissions by at least 35% by 2025 and 70% by 2030, compared to 2019 levels, specifically for Scope 1 and Scope 2 emissions. Furthermore, the company aspires to achieve net-zero GHG emissions in its own operations by 2040 and has a long-term goal to transition its proprietary investment portfolio to net-zero emissions by 2050. These commitments reflect NN Group's dedication to addressing climate change and contributing to a net-zero economy, as outlined in their Climate Action Plan. The company is actively working towards these targets, demonstrating a clear roadmap for reducing its carbon footprint and enhancing sustainability practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 1,785,000 | 0,000,000 |
| Scope 2 | 5,092,000 | 0,000,000 |
| Scope 3 | 3,794,398,000 | 0,000,000,000 |
How Carbon Intensive is NN Group's Industry?
How Carbon Intensive is NN Group's Location?
NN Group's Scope 3 Categories Breakdown
NN Group's Scope 3 emissions, which decreased by 16% last year and decreased by approximately 16% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 2% of Scope 3 emissions.
Top Scope 3 Categories
NN Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
NN Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
