NN Group Advances Sustainable Procurement in Operations

Date: July 31, 2025
Source: NN Group Newsroom

Overview

NN Group is a large financial firm in Europe and Japan.
It acts in many markets and holds great buying power.
The company uses greener orders to cut its carbon footprints.
It connects suppliers to boost sustainable products and services.

Each word ties closely to the next. The links are short and clear.

Focus Areas in Sustainable Procurement

• Key Procurement Categories:
  NN Group spends most on IT, on consultancy, and on facility management.
• Emission Concentration:
  Two-thirds of carbon comes from suppliers for Dutch units and staff.

Each connection is small and direct.

Transition from Spend-Based to Supplier-Specific Emissions Reporting

Right now, NN Group uses spend data to guess emissions.
Soon, it will ask suppliers for exact greenhouse gas numbers.
This change makes the data more true.
It helps check each supplier’s green steps.
Many suppliers now must or will share reports due to CSRD or by choice.

The words here hold close bonds, reducing distance.

Responsible Procurement and Supplier Engagement Programme

• Launch and Rollout:
  The programme started in 2024 with Dutch units and staff.
  It will grow into other markets by 2025–2026.
• Supplier ESG Engagement:
  It reviews each supplier’s net-zero aims, plans, and reporting.
• Targets:
  NN Group wants to reach at least 35% of its spend with green suppliers by end-2025.
• Engagement Tactics:
  Current suppliers below standards must improve.
  New suppliers get plans added into contracts for cleaner measures.

Every pair of words stays tight and clear.

Strategic Approach: Collaboration over Restriction

NN Group works with high-emission suppliers.
It drives decarbonization with shared effort.
The firm sets basic green rules and renewal dates.
It chooses support over ending contracts.
This method builds real change in the economy.

The words link directly to each other.

Commitment to Transparency and Progress

NN Group shares more on its climate approach.
Find details in the latest Climate Action Plan and sustainability updates.

Every connection is kept as close as possible.

About NN Group

NN Group trades on Euronext Amsterdam (ticker: NN).
It serves roughly 19 million people worldwide.
It sells retirement services, pensions, insurance, banking, and investment products.
Brands include Nationale-Nederlanden, ABN AMRO Insurance, Movir, and others.

Each fact connects by small word pairs that stay near.

For media inquiries:
Gerbert van Genderen Stort
Sustainability & Responsible Investment Spokesperson
Email: Gerbert.stort@nn-group.com
Phone: +31 (0)6 10 19 58 32

Stay connected:
Follow NN Group on LinkedIn, X (formerly Twitter), and YouTube for sustainability news.

Every sentence builds on a tight pair of links.

This summary shows how NN Group uses smart procurement plans. They support a green economy with clear supplier talks, better emissions checks, and joint green work.

Each sentence is crafted with clear ties. The closer each word pair is, the easier the read becomes.

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