NN Group NV

Common Name
NN Group
Country
Netherlands
Sector
Financial Services
Industry
Insurance - Diversified
Employees
13,497
Ticker
NN
Exchange
EURONEXT
Description
NN Group N.V. is a leading financial services company operating primarily in the insurance and asset management sectors. Originating from the Netherlands, NN Group provides a diverse range of products...

NN Group's GHG Emissions Data Preview

In 2023, NN Group 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).

NN Group has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 NN Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of NN Group amounted to 11,000 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).

0

NN Group's Scope 1 Emissions Over Time

2019202020212022202301 k2 k3 k4 ktCO2e0%0%
  • Total Scope 1
  • Year-over-Year Change

What are NN Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of NN Group were 4,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), NN Group's Scope 1 emissions remained relatively stable, indicating that NN Group's emissions have plateaued with no significant change in its operational footprint.

What are NN Group's Scope 2 emissions?

In 2023, NN Group reported Scope 2 greenhouse gas (GHG) emissions of 3,000 tCOâ‚‚e using the market-based method, and 7,000 tCOâ‚‚e using the location-based method.

Has NN Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), NN Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that NN Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does NN Group use for Scope 2 reporting?

In 2023, NN Group reported its Scope 2 emissions using the market-based method and using the location-based method.

NN Group's Scope 2 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into NN Group's Value Chain Emissions

In 2023, NN Group reported 3,000 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 2023 disclosure of NN Group includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

NN Group's Scope 3 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e-89%-79%+1233%+50%
  • Total Scope 3
  • Year-over-Year Change

What are NN Group's Scope 3 emissions?

In 2023, NN Group reported total Scope 3 emissions of 3,000 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 NN Group reduced its Scope 3 emissions over time?

Since 2019, NN Group's Scope 3 emissions have decreased by 52.61%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), NN Group's Scope 3 emissions increased by 50%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does NN Group disclose?

In 2023, NN Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of NN Group's Scope 3 emissions?

In 2023, the largest contributors to NN Group's Scope 3 emissions were:

  • Business Travel (Cat. 6): 3,000 tCOâ‚‚e (100%)

NN Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into NN Group's Total Carbon Footprint

In 2023, NN Group reported a total carbon footprint of 14,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.69% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to NN Group's total carbon footprint was Scope 2 emissions, accounting for 50% of the company's total carbon footprint, followed by Scope 1 emissions at 28.57%.