01
April
2025
|
11:32
Europe/Amsterdam

NN publishes updated Climate Action Plan

Today, NN Group publishes an update of its Climate Action Plan.

‘With this update, we reaffirm our commitment to combatting climate change, while being transparent about the progress we are making on our net-zero journey. There are challenges, but also opportunities. By joining forces with others and engaging stakeholders, we believe we can contribute to the transition to a low-carbon future’, says David Knibbe, Chief Executive Officer.

In this updated Climate Action Plan (CAP), we underscore our commitment to incorporating climate action into material aspects of our business. We aim to become a net-zero company by 2050 for our business activities, and net zero for our own operations by 2040. In this document, we elaborate on the progress we have made, detail the action we have taken, and look ahead to the next steps. 

In reaffirming our commitment to our net-zero ambition, this CAP reiterates the targets, reference objectives and ambitions set in previous years and provides a number of updates and additions to our approach regarding our investments and insurance underwriting portfolios, and own operations. Furthermore, we share insights into how we have started engaging with suppliers to reduce their carbon footprint. We also show how we are broadening our focus to connect the dots between climate change and a broader range of nature-related challenges while striving for a just transition for all. 

We acknowledge that many challenges exist. We will nevertheless continue to strive for progress. Our objectives are ambitious, and although we are not yet where we want to be, this report underscores our determination to improve and details the action we plan to take.  

For more information on Sustainability at NN Group, please visit the website

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