NN Group
NN Group provides retirement services, pensions, insurance, banking, and investments to around 20 million customers across 11 countries, with a strong presence in Europe and Japan.
Company Overview
NN Group provides retirement services, pensions, insurance, banking, and investments to approximately 20 million customers. The company operates in 11 countries and employs around 16,000 people. Founded over 175 years ago in the Netherlands, NN Group has a significant presence in several European countries and Japan. It encompasses multiple brands including Nationale-Nederlanden, NN, ABN AMRO Insurance, Movir, AZL, BeFrank, OHRA, and Woonnu.
Commitment to Sustainability
NN Group is committed to embedding sustainability in its business operations. The company aims to achieve net-zero greenhouse gas emissions by 2050, in alignment with the Paris Climate Agreement. NN Group integrates environmental, social, and governance (ESG) factors in both its investment and underwriting processes. It also follows specific policies for sensitive sectors in the underwriting process based on risk assessments. NN Group's thermal coal policy for insurance underwriting aligns with its investment processes.
Responsible Investment Practices
NN Group engages in responsible investing by integrating ESG factors into its investment processes. It is an active owner, participating in shareholder meetings and dialogues to promote sustainable practices. NN Group is a signatory to the United Nations Principles for Responsible Investment (PRI), which reinforces its commitment to responsible and sustainable investment practices.
Global Presence
NN Group has an extensive global reach, operating in 11 countries with a strong presence in several European countries and Japan. This global presence enables NN Group to serve approximately 20 million customers with a wide range of financial products and services including retirement services, pensions, insurance, banking, and investments.
Annual Tax Contribution Report
NN Group publishes an annual Total Tax Contribution Report, which details the taxes paid and collected on a country-by-country basis. This report underscores NN Group's transparency and commitment to responsible tax practices, providing stakeholders with clear and comprehensive information about the company’s tax contributions across its operating regions.