At NN, we do business with the future in mind and contribute to a world where people can thrive for many generations to come. We want to make a positive change to challenges the world is facing today, climate change being one of them.
We have set a clear ambition to accelerate the transition to a low-carbon economy and have taken several steps in line with our ambition on climate change. Today, our commitment to the Net-Zero Insurance Alliance (NZIA) is announced. The purpose of this alliance is to set specific targets for the insurance industry to reach the net-zero goal. Committing to the NZIA strategically fits our net-zero commitment for investments for which we support the Net-Zero Investment Framework since the beginning of this year.
NN is keen to be amongst the first companies, and to be the first Dutch insurer, to join the important work of the NZIA. We believe that knowledge sharing with key players in the international (re)insurance market is important to facilitate and accelerate the transition to a low-carbon economy.
David Knibbe, CEO of NN Group:
‘Climate change is one of the most pressing developments of our time and is impacting our customers and the societies in which we operate. Joining the Net-Zero Insurance Alliance fits our ambition to accelerate the transition to a low carbon economy and is in line with our net-zero commitment for investments. By collaborating with other international (re)insurers, we believe that we will all deepen/strengthen our knowledge and increase our impact.’
The UN-convened Net-Zero Insurance Alliance brings together insurers and reinsurers to play their part in accelerating the transition to net-zero emissions economies. Together with all NZIA members, NN is committing to transition its underwriting portfolio to net-zero greenhouse gas (GHG) emissions by 2050, consistent with a maximum temperature rise of 1.5°C above pre-industrial levels by 2100. More information on the NZIA, please refer to their website.