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Sustainable bonds

NN Group believes that Green, Social and Sustainability Bonds are an effective tool to channel financing to projects that have demonstrated clear environmental, climate or social benefits and contribute to the achievement of the UN Sustainable Development Goals (SDGs). By issuing Green, Social or Sustainability Bonds, NN Group intends to align its funding strategy with its purpose, ambition and strategic commitments. In addition, NN Group aims to contribute to the development of the sustainability bond market and to the growth of sustainable and impact investing.

Sustainability Bond Framework

In February 2022, NN Group established its Sustainability Bond Framework, with the aim to finance Green and Social projects. The NN Group Sustainability Bond Framework follows the Green Bond Principles (GBP) 2021, Social Bond Principles (SBP) 2023 and Sustainability Bond Guidelines (SBG) 2021. Under this Sustainability Bond Framework, NN Group may issue Green, Social or Sustainability Bonds.

The Sustainability Bond Framework has been updated in March 2024.

TypeDate of publicationDocumentation
Sustainability Bond Framework22 Mar 2024Sustainability Bond Framework
Second Party Opinion22 Mar 2024Sustainalytics Second Party Opinion 2024
Methodology assessment22 Mar 2024NN Group Green Residential Buildings Methodology Assessment Document CFP

Reporting

NN Group will report annually on the allocation of the Sustainable Bond net proceeds to the Eligible Asset Portfolio, until full allocation, and on the environmental impacts of the Eligible Asset Portfolio funded with the Sustainable Bond proceeds. In addition, NN Group may commission a limited assurance report or a compliance review after full allocation of any Green, Social or Sustainability Bond, with the intention of confirming that the net proceeds have been allocated in accordance with the Uses of Proceeds specified in the Framework.

TypeDate of publicationDocumentation
Impact report30 April 2025Impact report 2024
Allocation report/limited assurance30 April 2025Green bond allocation report 2024
Impact report6 June 2024Impact report 2023
Allocation report/limited assurance26 April 2024Green bond allocation report 2023
Impact report1 June 2023Impact report 2022
Allocation report/limited assurance1 June 2023Green bond allocation report 2022
Pre-issuance impact report17 Feb 2022NN Group pre-issuance impact report
Pre-issuance allocation report17 Feb 2022NN Group pre-issuance allocation report