Nynas AB, commonly referred to as Nynas, is a prominent player in the insurance and pension funding services sector, specifically focusing on non-compulsory social security services. Headquartered in Sweden (SE), Nynas operates across various regions, providing tailored financial solutions that cater to the unique needs of its clients.
Founded in the early 20th century, Nynas has achieved significant milestones, establishing itself as a trusted name in the industry. The company offers a range of core services, including pension fund management and insurance solutions, distinguished by their commitment to sustainability and customer-centric approaches. Nynas's innovative strategies and robust market presence have positioned it as a leader in the insurance sector, earning recognition for its exceptional service and reliability.
+19 vs industry average
Nynas’s score of 58 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nynas's reported carbon emissions
Nynas, headquartered in SE and operating within the Insurance and pension funding services sector, has outlined significant climate commitments. For the reporting year 2024, Nynas reported total Scope 1, 2, and 3 emissions of approximately 1.21 billion kg CO2e. This figure includes approximately 199 million kg CO2e for Scope 1 emissions and about 19 million kg CO2e for Scope 2 emissions. Scope 3 emissions for 2024 were approximately 993 million kg CO2e, with purchased goods and services accounting for the largest portion.
Looking at prior years, Nynas reported Scope 1 and 2 emissions of approximately 295 million kg CO2e for 2022 and approximately 445 million kg CO2e for 2021. For 2023, Scope 1 emissions were about 196 million kg CO2e, and Scope 2 emissions were approximately 22 million kg CO2e.
Nynas has established near-term reduction targets, aiming for a 50% reduction in Scope 1 and 2 greenhouse gas emissions by 2030, using 2017 as a baseline year. Additionally, the company has a target to reduce its Scope 3 emissions by 25% by 2030, also against a 2017 baseline. Nynas also states an ambition for neutrality by 2050. The company reports that they are on track for their two-year reduction targets for Scope 1 and 2 emissions.
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Nynas’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Nynas
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