NN Group’s Commitment to Procuring Sustainable Products and Services

NN Group is an international firm. It serves Europe and Japan with financial services. The company works hard to use sustainable methods in its operations. It uses responsible procurement practices. NN Group builds links with many suppliers. They help deliver greener products and services.

Focus on High-Impact Procurement Categories

The company buys in the IT, consultancy, and facility management sectors. These sectors cause more than two-thirds of the emissions from suppliers in its Dutch units and staff groups. NN Group uses its large annual spend to push for better environmental results.

Transition to Supplier-Specific Emissions Reporting

NN Group now calculates emissions with a spend-based method. It plans to switch to using supplier-specific data soon. Many suppliers must follow the Corporate Sustainability Reporting Directive or share their data on their own. This change will give NN Group access to real greenhouse gas (GHG) data.

Responsible Procurement and Supplier Engagement Programme

In 2024, NN Group started a new procurement strategy in the Netherlands. It will share this plan with its international units by 2026. A key piece is the Supplier ESG Engagement Programme. This programme checks each supplier’s net-zero aims, targets, plans for change, and reports on emissions.

The company wants to engage with at least 35% of its supplier base (measured by spend) by the end of 2025. NN Group asks current suppliers to boost their net-zero efforts. It sets clearer expectations with new suppliers during contract talks. NN Group reviews progress when contracts come up for renewal.

Collaborative Approach to Decarbonization

NN Group does not limit business to low-carbon suppliers alone. It uses a hands-on approach. The firm helps even high emitters cut their carbon footprints. This work supports wider cuts in the real economy. Still, NN Group sets clear rules and timelines. It may end contracts if suppliers do not make enough progress.

Supporting Transparency and Climate Ambitions

The firm’s sustainable procurement work fits with its broader climate actions. NN Group explains its goals in its Climate Action Plan and public sustainability reports. Through clear reporting, the company shows its dedication to reducing environmental impacts.

For further information, NN Group invites stakeholders to visit its website or contact its media team. This shows its ongoing drive to mix sustainability with business and supply chain work.

About NN Group

NN Group serves about 19 million customers. Its services include pensions, insurance, banking, and investments. The company works under names like Nationale-Nederlanden and ABN AMRO Insurance. It is listed on Euronext Amsterdam (ticker: NN).

Sources: NN Group Press Release, July 2025 | Climate Action Plan | NN Group Sustainability Reports

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