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 Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
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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.
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.
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.