NIB Holdings Ltd
NIB Holdings's GHG Emissions Data Preview
In 2024, 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).
NIB Holdings has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of NIB Holdings amounted to 209.4 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).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of NIB Holdings decreased by 8%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
NIB Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are NIB Holdings's Scope 1 emissions?
In 2024, the total Scope 1 emissions of NIB Holdings were 27.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has NIB Holdings reduced its Scope 1 emissions over time?
Since 2020, NIB Holdings's Scope 1 emissions have remained relatively, stable, indicating that NIB Holdings's emissions have plateaued with no significant change in its operational footprint.
Compared to the previous year (2023), NIB Holdings's Scope 1 emissions increased by 7.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are NIB Holdings's Scope 2 emissions?
In 2024, NIB Holdings reported Scope 2 greenhouse gas (GHG) emissions of 182.3 tCOâ‚‚e using the market-based method.
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 85.92%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), NIB Holdings's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that NIB Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does NIB Holdings use for Scope 2 reporting?
In 2024, NIB Holdings reported its Scope 2 emissions using the market-based method.
NIB Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into NIB Holdings's Value Chain Emissions
In 2024, NIB Holdings reported 14,660.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of NIB Holdings includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
NIB Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are NIB Holdings's Scope 3 emissions?
In 2024, NIB Holdings reported total Scope 3 emissions of 14,660.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has NIB Holdings reduced its Scope 3 emissions over time?
Since 2020, NIB Holdings's Scope 3 emissions have increased by 69.87%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2023), NIB Holdings's Scope 3 emissions increased by 24.41%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does NIB Holdings disclose?
In 2024, NIB Holdings reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of NIB Holdings's Scope 3 emissions?
In 2024, the largest contributors to NIB Holdings's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 11,456.4 tCOâ‚‚e (78.14%)
- Business Travel (Cat. 6): 1,590.8 tCOâ‚‚e (10.85%)
- Employee Commuting (Cat. 7): 1,107.7 tCOâ‚‚e (7.56%)
NIB Holdings's Scope 3 Emissions by Categories
Insights into NIB Holdings's Total Carbon Footprint
In 2024, NIB Holdings reported a total carbon footprint of 14,870.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.8% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to NIB Holdings's total carbon footprint was Scope 3 emissions, accounting for 98.59% of the company's total carbon footprint, followed by Scope 2 emissions at 1.23%.