Nynas

Nynas, headquartered in Sweden, is an insurance and pension funding services provider committed to reducing its carbon footprint. In 2024, Nynas reported total Scope 1, 2, and 3 emissions of approximately 1.21 billion kg CO2e. This included about 199 million kg CO2e from Scope 1 emissions, 19 million kg CO2e from Scope 2 emissions (location-based), and approximately 993.8 million kg CO2e from Scope 3 emissions.

The company has set ambitious near-term climate targets. Nynas aims to achieve a 50% absolute reduction in its Scope 1 and Scope 2 greenhouse gas emissions by 2030, using a 2017 baseline. Additionally, Nynas is targeting a 25% absolute reduction in its Scope 3 emissions by 2030, also against a 2017 baseline. These targets demonstrate Nynas's commitment to addressing its carbon emissions across its value chain.

Historical emissions data shows Nynas's Scope 1 and 2 emissions as:

• 2023: Approximately 196 million kg CO2e (Scope 1) and 22 million kg CO2e (Scope 2).
• 2022: Approximately 239 million kg CO2e (Scope 1) and 56 million kg CO2e (Scope 2).
• 2021: Approximately 445 million kg CO2e (Scope 1 and 2 combined).
• 2020: Approximately 422 million kg CO2e (Scope 1 and 2 combined).

For 2025, Nynas has an estimated Scope 1 and 2 market-based total of 550 million kg CO2e and estimated Scope 3 emissions of 5.631 billion kg CO2e, though not all Scope 3 categories were reported for this year. Nynas's climate action is outlined in its annual and sustainability reports.