NN publiceert op zijn website:
Responsible investment is an important part of NN Group’s strategy. We aim not just to mitigate any negative environmental impact our investments may have, but to seek out those with positive impact, like climate solutions.
We define ‘climate solutions’ as investments in economic activities that contribute substantially to climate change mitigation or adaptation. In 2024, investments in climate solutions for our proprietary assets portfolio reached a total of EUR 12.8 billion. Marieke van Kamp, Head of Private Markets at NN Group Investment Office: ‘We aim to combine strong investment returns with a focus on ESG. Climate change is a critical issue, which is why we are committed to doubling the amount we invest in climate solutions by 2030 against our base year 2021, working with our teams and asset managers. Our efforts span sectors and markets, across debt and equity, demonstrating the comprehensive approach we take to addressing climate change.’
Steel project in Sweden
In 2024, we entered a EUR 350 million partnership aimed at financing a portfolio of assets focused on climate change mitigation and adaptation, targeting investments that include sectors beyond traditional renewable energy generation. The first investment finances a large-scale green steel project in Sweden, which aims to produce steel with up to 95% lower CO2 emissions than steel produced in coke-fired blast furnaces.
Marieke van Kamp, Head of Private Markets: ‘We are committed to further expanding our investments in climate solutions.’
Catalysing the transition
NN Group also collaborated with an asset manager to initiate an investment fund for climate solutions, which aims to finance infrastructure assets providing solutions to the challenges of climate change. The fund focuses on European projects in the sectors of wind, solar, hydro, public transport, EV charging, batteries and energy management solutions in its aim to catalyse the transition to a resilient, low-carbon economy.
Energy and efficiency efforts in the Netherlands
In the Netherlands we participate in the Dutch Climate Action Fund, which targets investments in projects and companies that aim to support the reduction of carbon emissions. The fund may invest in energy efficiency, e-mobility, energy storage and hydrogen, as well as renewable energy generation. Meanwhile, our Positive Impact Programmatic Venture (PIPV) invests in Dutch sustainable and affordable residential real estate with the intention of adding energy-efficient buildings to the sector, while also helping address the lack of good, affordable rental housing. PIPV targets a reduction of 80% of landlord-controlled greenhouse gas emissions, procuring 100% renewable electricity by 2030 and net-zero operational emissions by 2035.
Green bonds to finance environmental projects
We also invest in green bonds, their proceeds being used for environmental projects. One such bond is the Dutch government’s second green bond, which focuses particularly on climate adaptation and water, with ‘blue’ expenditures earmarked to protect the country from flooding, mitigate the impact of climate change and ensure supplies of freshwater. This investment aligns closely with our ambition to help mitigate water risk.
Source