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.
-3 vs industry average
Nynas’s score of 34 is lower than 47% 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 7% since 2019
Emissions trajectory 2020 – 2027
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 established clear climate commitments. The company is focused on reducing its greenhouse gas (GHG) emissions with a significant target for 2030. For the 2024 reporting year, Nynas reported Scope 1 emissions of approximately 199,000,000 kg CO2e and Scope 2 emissions of approximately 19,000,000 kg CO2e. In 2023, Scope 1 emissions were approximately 196,000,000 kg CO2e, with Scope 2 emissions at approximately 22,000,000 kg CO2e. Reviewing historical data, in 2022, Nynas's combined Scope 1 and 2 emissions totalled approximately 295,000,000 kg CO2e. In 2021, the company reported approximately 445,000,000 kg CO2e for Scope 1 and 2 combined. For 2020, Nynas also reported approximately 422,000,000 kg CO2e for Scope 1 and 2 emissions. Nynas has a clear reduction strategy, aiming to lower its Scope 1 and 2 GHG emissions by 50% by 2030, using 2017 as its baseline year. This target is set in absolute terms and includes emissions from its Harburg operations. The company also has an aspiration for neutrality by 2050. Nynas indicates that it is on track with its two-year progress towards this target. Data for Scope 3 emissions is not fully disclosed, with purchased goods and services being a missing data point.
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Nynas’s Climate Goals (2030 & 2050)
2 goals2030
50% reduction in Scope 1
Scope 1 and 2: reduce emissions by 50% by 2030 (in absolute terms versus 2017 baseline, neutrality by 2050)
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.
See all 2 climate goals
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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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