NN Group

Overview

NN Group is a Dutch financial services company offering a range of insurance and investment products and services. The company maintains a diverse investment portfolio across various asset classes, including fixed income, equity, private equity, real estate, infrastructure, hedge funds, commodities, crypto, distressed and special situations, and ESG and impact investing. Their investment strategy focuses on growth, late-stage, pre-IPO, buyout, turnaround, and distressed stages, with a geographical focus spanning multiple countries, including the Netherlands, Belgium, Germany, Poland, Romania, Turkey, Japan, Spain, Italy, France, Greece, Portugal, Hungary, Bulgaria, Slovakia, Czech Republic, Austria, Switzerland, Luxembourg, and the United States. The industries they invest in encompass insurance, asset management, banking, financial services, real estate, infrastructure, technology, healthcare, consumer goods, energy, telecommunications, utilities, materials, industrials, and consumer services. NN Group is committed to responsible investment practices, integrating sustainability factors into their investment processes. They aim to transition their proprietary investment portfolio to net-zero greenhouse gas emissions by 2050 and have set interim decarbonisation objectives to reduce the GHG emissions intensity of their corporate investment portfolio by 45% by 2030, relative to 2021. The company also focuses on investing in climate solutions, such as green bonds, renewable energy projects, and energy-efficient real estate, with a target of growing their investments in climate solutions to EUR 13 billion by 2030, subject to market conditions and constraints. Through active ownership, NN Group engages with investee companies to encourage the adoption of appropriate ESG practices, aiming to enhance long-term economic and societal value. This engagement includes voting at shareholder meetings and direct dialogue with companies to promote improvements in environmental, social, and governance aspects. In 2024, NN Group entered a EUR 350 million partnership to finance a portfolio of assets focused on climate change mitigation and adaptation, including investments in sectors beyond traditional renewable energy generation. The first investment in this partnership finances a large-scale green steel project in Sweden, aiming to produce steel with up to 95% lower CO2 emissions compared to traditional methods. NN Group's investment philosophy emphasizes combining strong investment returns with a focus on ESG factors, reflecting their commitment to responsible investment and positive societal impact.