NIB Holdings Ltd

Common Name
NIB Holdings
Country
Australia
Sector
Financial Services
Industry
Insurance - Specialty
Employees
1,870
Ticker
NHF
Exchange
ASX
Description
Nib Holdings Ltd. is a prominent health insurance provider based in Australia. Known for offering a wide array of health insurance products, its primary function is to provide health coverage solution...

NIB Holdings's Climate Target Data Preview

As of 2024, NIB Holdings has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into NIB Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into NIB Holdings's Greenhouse Gas Emissions Pathways

As of 2024, NIB Holdings has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does NIB Holdings have a target to reduce the emissions from its operations?

As of 2024, NIB Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

NIB Holdings's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 443.2 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

NIB Holdings has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

NIB Holdings's Operational (Scope 1+2) Emissions Pathway

2021202420300150300450600BaselineCurrent (-53%)

Does NIB Holdings have a target to reduce the emissions from its value chain?

As of 2024, NIB Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

NIB Holdings's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 8,630.4 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing value chain emissions, NIB Holdings has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

NIB Holdings's Value Chain (Scope 3) Emissions Pathway

20202024203004 k8 k12 k16 kBaselineCurrent (+70%)Target 2030 (-25%)
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