Sustainability
At NN we believe that by understanding the global trends society faces and the impact these developments may have on our customers and on our business, we can contribute to a healthy economy as well as a stable society
We contribute to the well-being of people and the planet
The financial sector has an important role to play in the transition to a sustainable economy. As a values-led company, NN Group is committed to doing business with the future in mind and contributing to a world where people can thrive for many generations to come.
Sustainability is an integrated part of our strategy. It is reflected in our strategic commitments and implemented in our roles as an insurer, pension provider, bank, investor, employer, business partner and buyer. Our ambitions reflect our commitment to contributing to a more sustainable future for all.
What we focus on
Responsible investment, insurance underwriting, our role as a corporate citizen and our climate ambitions are all important factors in what we do. By focusing on several key areas, we can maximise our positive impact. We aim to be a positive force in the lives of our customers, which includes contributing to the well-being of the wider society. As an active asset owner, we integrate sustainability factors into our investment process. As an insurer, we include sustainability matters in our underwriting process and product development.
How we are delivering on our strategic targets
| Target | Performance 2024 |
|---|---|
| Climate action > grow investments in climate solutions to reach EUR 13 billion by 2030 (subject to market environment and constraints) | EUR 12.8 billion |
| Positive impact on communities > supporting 1 million people with their financial, physical or mental well-being by 2025 | 766,000 people reached |
Sustainability is embedded in our governance
We have developed a governance structure that enables the Executive Board, Management Board, Supervisory Board, and senior management to integrate sustainability matters and actions into strategy setting, execution and monitoring. This structure also supports the implementation of sustainability in our operations and business processes, and in our Risk Management, Compliance and Legal functions.
