Sustainability reporting and policy
NN Group strives to structurally embed sustainability in everything we do. We document how we do this in our policies, standards and investment guidelines and report on how these are implemented. We also work together with peers, industry organisations and government entities to increase our leverage and help bring about positive change.
Sustainability matters are part of our strategy, our strategic commitments, and our interactions with stakeholders. We are committed to structurally embed sustainability in our policies, processes and activities.
Sustainable procurement
NN Group is committed to making sustainable procurement decisions.
More about sustainable procurementMemberships and Endorsements
NN Group is a member of Dutch and international organisations and endorses several initiatives.
More about memberships and endorsementsRatings
Our policies and practices are regularly assessed by independent organisations.
More about ratingsSpecific reports and policies
| Topic | Policy | Description | |
| Environment | The NN Climate Action Plan outlines our commitments, strategies and initiatives aimed at reducing our carbon footprint. It elaborates on our plans to reduce greenhouse gas (GHG) emissions to net zero in our own operations by 2040 and in our proprietary investments and insurance underwriting by 2050. | ||
| NN Group Environmental Statement | The NN Environmental Statement sets out our approach to address environmental impacts related to our own operations, our supply chain, our insurance and investment activities, and our role as a corporate citizen. | ||
| Responsible Procurement | Sustainable Procurement statement | The NN Sustainable Procurement Statement sets out our approach to address environmental impacts and human rights issues related to our purchasing decisions and our supply chain. | |
| Supplier Code of Conduct | The NN Group Supplier Code of Conduct sets forth the conduct NN expects from its suppliers, including subcontractors. | ||
| Human Rights | NN Group Diversity, Equity, & Inclusion Policy | Our approach to diversity, equity, and inclusion is about embracing everyone. The DEI Policy outlines our commitment to our colleagues, customers, communities, and other stakeholders in our value chain (including their workers). The policy supports our ambition to be a supporter of diversity, equity, and inclusion and outlines some of our actions towards creating a fair and equal workplace, customer experience and societal contribution. | |
| NN Group Human Rights statement | We aim to create long-term value, and we respect people and the world we live in. This includes our responsibility to respect human rights and the environment. The NN Group Human Rights Statement reflects this commitment. It sets out our approach to human rights and the environment in our various roles of employer, insurer, business partner, investor and corporate citizen. | ||
| Responsible Investment | Responsible Investment Framework Policy | NN applies different Responsible Investment strategies, such as norms-based RI criteria, voting, engagement, ESG integration and, as a measure of last resort, restriction. Our approach is a reflection of our investment beliefs, the organisation’s values, relevant laws, and internationally recognised norms and standards. More detail on our RI approach can be found in the policy. | |
| Biodiversity approach for our investments | This white paper provides an overview of all our efforts to protect and restore biodiversity, highlighting the initiatives we have taken to integrate biodiversity in our investment strategies. We also describe the impact assessment we have conducted for our proprietary corporate investment portfolio, and how biodiversity fits in with our ongoing work. | ||
| This is NN Group’s active ownership report and provides an overview of our policies and activities related to active ownership of proprietary assets. | |||
| Exclusion List NN Group | A list of companies on NN Group's exclusion list. | ||
| NN Green, Social and Sustainability Bond Standard | This standard provides insight into how we put NN’s ambition and the defined impact themes into practice through investments in green, social and sustainability bonds. | ||
| Oil & Gas Policy for Proprietary Assets | The NN Group Oil and Gas Policy for Proprietary Assets combines our unconventional and conventional oil and gas policies and applies strict criteria built on NN’s existing Paris alignment strategy. | ||
| RI Guidelines Proprietary Assets – Real Estate | This guideline sets out how NN Group takes ESG factors into consideration in our real estate investments. This document is part of the Responsible Investment (RI) Guidelines for Proprietary Assets. | ||
| Arrangements with asset manager | This document contains our disclosure as requested by section 5:87d of the Dutch Financial supervision Act (Wet op het financieel toezicht). The scope of this disclosure is the proprietary equity portfolio on behalf of NN’s own assets. | ||
| RI Guidelines Proprietary Assets – Private Equity | The guideline defines our approach to integrate ESG factors in the selection and appointment of new private equity managers. | ||
| Climate Solutions Investments and Impact Measurement Framework | We have developed an impact measurement framework to better understand the positive impact that investees (companies, project and assets) we invest in through our investments in climate solutions have on the environment. | ||
| RI – Guidance Papers | Investment Guidance paper on Human Rights | This guidance paper focuses on our approach to human rights in our role as an investor. It provides background on human rights and illustrates due diligence processes we apply. It further highlights relevant standards and principles to promote best practices of companies in which we invest. | |
| Investment Guidance paper on the Environment | This guidance paper focuses on our approach to the environment in our role as an investor. It provides background on environmental protection and illustrates due diligence processes we apply. | ||
| Investment Guidance Paper on Labour Rights | This guidance paper focuses on our investment approach with regard to labour rights. The guidance provides background information on labour rights and explains the due diligence processes that we apply. It also describes what relevant standards and principles currently exist to promote best practices, and to avoid any associated negative impact from the companies in which we invest. | ||
| Investment Guidance Paper on Animal Welfare | This guidance paper focuses on our investment approach with regard to animal welfare. The guidance provides background information on animal welfare and explains the due diligence processes that we apply. | ||
| Investment Guidance Paper on Governance & Business Ethics | The paper focuses on our investment approach with regards to governance and highlights the international frameworks and principles that are the foundation of governance. It also gives an explanation of how companies and industries are exposed to governance risks. | ||
| RI – Voting & Engagement | Voting Policy for Proprietary Assets | This Voting Policy for Proprietary Assets is part of our Responsible Investment Framework policy and guides the voting considerations on behalf of NN Group's proprietary equity portfolio. | |
| Engagement Policy for Proprietary Assets | Engagement is an important part of our responsible investment and active ownership activities. This policy sets out the objectives, governance and minimum requirements of engagement. | ||
| Stakeholder Engagement | Stakeholder Engagement Policy | Stakeholder engagement is a vital part of NN’s efforts to earn the support of the parties with a vested interest in our company. We therefore engage in ongoing dialogue with these parties on a variety of topics, including sustainability aspects related to our strategy, products, services, businesses, and on the company’s role in society. | |
| Responsible Insurance Underwriting | Responsible Insurance Underwriting Framework Policy | The NN Group RIU Policy sets out our vision and approach to integrate sustainability matters in insurance underwriting and product development. It is intended to support NN Group to incorporate sustainability matters into insurance activities. This includes sustainability-related opportunities, risk management and the consideration of adverse impacts of decision-making in our insurance activities. |