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NIB Holdings Ltd

Common Name
NIB Holdings
Country
Australia
Sector
Financial Services
Industry
Insurance - Specialty
Employees
1,870
Ticker
NHF
Exchange
Australian Securities Exchange
Description
NIB Holdings Ltd. is a publicly listed insurance company specializing in private health, life, and travel insurance. Headquartered in Newcastle, Australia, the company primarily underwrites and distri...

NIB Holdings's GHG Emissions Data Preview

In 2025, NIB Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, NIB Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
59.7a
27.1a
25.3a
Total Scope 2
Market-Based
73a
182.3a
202.3a
Location-Based
N/AN/AN/A
Total Scope 3
16,404a
14,660.8a
11,783.9a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.0253a
0.0119a
0.0122a
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Verified Sources Behind NIB Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. NIB Holdings's Climate Report 2025
b. NIB Holdings's Sustainability Report 2024

Insights into NIB Holdings's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of NIB Holdings amounted to 132.7 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of NIB Holdings decreased by 36.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

NIB Holdings's Scope 1 Emissions Over Time

202020212022202320242025015304560tCO2e-12%-96%+2711%+7%+120%
  • Total Scope 1
  • Year-over-Year Change

What are NIB Holdings's Scope 1 emissions?

In 2025, the total Scope 1 emissions of NIB Holdings were 59.7 metric tons of CO₂ equivalent (tCO₂e).a

Has NIB Holdings reduced its Scope 1 emissions over time?

Since 2020, NIB Holdings's Scope 1 emissions have increased by 121.11%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), NIB Holdings's Scope 1 emissions increased by 120.3%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are NIB Holdings's Scope 2 emissions?

In 2025, NIB Holdings reported Scope 2 greenhouse gas (GHG) emissions of 73 tCO₂e using the market-based method.a

Has NIB Holdings reduced its Scope 2 emissions over time?

Since 2020, NIB Holdings's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 94.36%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), NIB Holdings's Scope 2 emissions (Market-Based) fell by 59.96% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does NIB Holdings use for Scope 2 reporting?

In 2025, NIB Holdings reported its Scope 2 emissions using the market-based method.a

NIB Holdings's Scope 2 Emissions Over Time

20202021202220232024202503507001.05 k1.4 ktCO2e
  • Total Scope 2 Market-Based

Insights into NIB Holdings's Value Chain Emissions

In 2025, NIB Holdings reported 16,404 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of NIB Holdings includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 6 in 2024, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

NIB Holdings's Scope 3 Emissions Over Time

20202021202220232024202504.5 k9 k13.5 k18 ktCO2e-25%+30%+40%+24%+12%
  • Total Scope 3
  • Year-over-Year Change

What are NIB Holdings's Scope 3 emissions?

In 2025, NIB Holdings reported total Scope 3 emissions of 16,404 metric tons of CO₂ equivalent (tCO₂e).a

Has NIB Holdings reduced its Scope 3 emissions over time?

Since 2020, NIB Holdings's Scope 3 emissions have increased by 90.07%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), NIB Holdings's Scope 3 emissions increased by 11.89%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into NIB Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2025, NIB Holdings reported Scope 1 greenhouse gas (GHG) emissions of 59.7 tCO₂e and total revenues of USD 2,360 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD.a

NIB Holdings's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000Scope 1 Emissions (tCO2e)1005001,0005,00010,000Revenues (Millions of USD)ZipYear: 2022Scope 1: 8 tCO2eRevenue: $M 429Scope 1 Intensity: 0.02 tCO2e/$MAUB GroupYear: 2023Scope 1: 621 tCO2eRevenue: $M 509Scope 1 Intensity: 1.22 tCO2e/$MBank of Queensland LtdYear: 2024Scope 1: 328 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.30 tCO2e/$MBendigo and Adelaide BankYear: 2025Scope 1: 960 tCO2eRevenue: $M 1,261Scope 1 Intensity: 0.76 tCO2e/$MChallengerYear: 2025Scope 1: 3 tCO2eRevenue: $M 491Scope 1 Intensity: 0.01 tCO2e/$MComputershareYear: 2024Scope 1: 3,344 tCO2eRevenue: $M 4,544Scope 1 Intensity: 0.74 tCO2e/$MSantamYear: 2025Scope 1: 1,447 tCO2eRevenue: $M 3,705Scope 1 Intensity: 0.39 tCO2e/$MAMPYear: 2024Scope 1: 26 tCO2eRevenue: $M 531Scope 1 Intensity: 0.05 tCO2e/$MSteadfast GroupYear: 2024Scope 1: 704 tCO2eRevenue: $M 801Scope 1 Intensity: 0.88 tCO2e/$MFirst American FinancialYear: 2024Scope 1: 4,193 tCO2eRevenue: $M 6,120Scope 1 Intensity: 0.69 tCO2e/$MBupa Arabia for Cooperative InsuranceYear: 2024Scope 1: 117 tCO2eRevenue: $M 5,009Scope 1 Intensity: 0.02 tCO2e/$MAXIS Capital HoldingsYear: 2024Scope 1: 86 tCO2eRevenue: $M 6,014Scope 1 Intensity: 0.01 tCO2e/$MBeazleyYear: 2024Scope 1: 8 tCO2eRevenue: $M 1,019Scope 1 Intensity: 0.01 tCO2e/$MRadian GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 1,290Scope 1 Intensity: 0.03 tCO2e/$MProtector ForsikringYear: 2022Scope 1: 1 tCO2eRevenue: $M 622Scope 1 Intensity: 0.00 tCO2e/$MEnact HoldingsYear: 2024Scope 1: 196 tCO2eRevenue: $M 1,202Scope 1 Intensity: 0.16 tCO2e/$MLancashire HoldingsYear: 2024Scope 1: 148 tCO2eRevenue: $M 1,701Scope 1 Intensity: 0.09 tCO2e/$MJust GroupYear: 2023Scope 1: 73 tCO2eRevenue: $M 1,161Scope 1 Intensity: 0.06 tCO2e/$MMedibankYear: 2025Scope 1: 58 tCO2eRevenue: $M 5,621Scope 1 Intensity: 0.01 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$M

How does NIB Holdings's GHG emissions intensity compare to its peers?

In 2025, NIB Holdings reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.06, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does NIB Holdings rank on GHG emissions intensity within its industry?

In 2025, NIB Holdings ranked 8 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

NIB Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into NIB Holdings's Total Carbon Footprint

In 2025, NIB Holdings reported a total carbon footprint of 16,536.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.21% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to NIB Holdings's total carbon footprint was Scope 3 emissions, accounting for 99.2% of the company's total carbon footprint, followed by Scope 2 emissions at 0.44%.a

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