Overall impact
A (90)

Commentary

NN Re is a leader for overall positive impact. With an 'A' rating of 89.8 for overall impact (99th percentile compared to all companies), NN Re ranks 1st out of 65 industry peers, ahead of Magellan Health, Atlantic American, Phoenix and 61 others. On top material causes for NN Re's industry (Insurance), NN Re performs well in Lgbtq Equality (95.1 score), Reduced Waste (95.1), Racial Justice and Civil Rights (88.0) and 25 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (16.9 score) and Reduced Green House Gas Emissions (16.9).
Impact
Cause NN.AS
Peer rank
Overall impact

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Company
Founded
1844
Employees
16,439
Sector
Financials
Industry
Insurance
Sub-industry
Life & Health Insurance
SASB industry
Insurance
Headquarters
Netherlands
Share classes
NN.AS
Description
Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and more modern defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has closed its domesticmore
Material causes
Ethos considers the following causes material for NN Re, based on its industry sub-industry Life & Health Insurance. Learn more about material causes in our methodology overview.

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