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 has set a near-term climate target to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% by 2030, using 2017 as the baseline year. The company also aims for net-zero emissions by 2050.
For the reporting year 2024, Nynas reported Scope 1 emissions of approximately 199 million kg CO2e and Scope 2 emissions of approximately 19 million kg CO2e. This marks a decrease from 2023, when Scope 1 emissions were about 196 million kg CO2e and Scope 2 emissions were approximately 22 million kg CO2e.
In 2022, Nynas's Scope 1 emissions were approximately 239 million kg CO2e, with Scope 2 emissions at about 56 million kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 295 million kg CO2e. Prior to 2022, the company reported combined Scope 1 and 2 emissions, with approximately 445 million kg CO2e in 2021 and about 422 million kg CO2e in 2020. Nynas's reporting does not currently include Scope 3 emissions data.
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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.
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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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