NN Group

Life & Health Insurance
NN.AS
€ 40 0.05
Share price
$ 12 bn
Market Cap
$ 21 bn
Enterprise Value

Carbon footprint

0.55 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-22%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

NN Group aims to reduce Scope 1 + 2 by 70% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
NN Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

NN Group's GHG emissions (location-based) (Kt of CO2e)
NN Group's Carbon intensity (Tons per 1 USDm)

NN Group's carbon footprint

NN Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 11 Kt (-3.1 /-21.5% y-o-y). Also positively, carbon intensity declined to 0.4 t (-0.2 /-33.3% y-o-y).

NN Group's Scope 3 emissions declined to 2.2 Kt (-0.4 /-15.4% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -36.3% since 4Q'19).

The company is committed to reducing Scope 1 + 2 by 70% by 2030 from a base year 2019, which translates into the estimated reduction of -0.53 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

Show more...