Being a local partner, not just a business, is a big part of modern insurance branding, so here’s the latest from NN Group;
NN Group has published its first Community Investment Report, a comprehensive overview of the initiatives we support as part of our strategic commitment to contribute to society.
The report showcases how we put our resources, expertise and networks to use for the advancement of our communities in all 11 countries where we operate. In 2021, our total contribution was EUR 8 million, including cash donations to charitable organisations, in-kind donations and 13,586 volunteer hours by our colleagues for a wide range of causes. Our contribution to society amounted to 0.4% of our 2021 operating result before tax, building towards our ambition to contribute 1% of our operating result before tax by 2023.
Fleur Hudig, Head of Corporate Citizenship NN Group: ‘Our first Community Investment Report presents why and how we contribute to the well-being of the people in the communities in which we operate. Through a combination of facts, figures and impact stories, we want to engage our stakeholders with our current and future activities for creating long-term value and impact on society. More importantly, it will steer us towards new activities that will enable us, together with our partners, to further contribute. In 2022, we will focus on deepening, broadening and scaling our societal impact in pursuit of our 1% ambition by 2023.”
Over the years, NN Group’s community investment strategy has focused on supporting the financial well-being of people in need through the NN Future Matters programme. This programme aims to empower people to be more in control of their financial situation and seize economic opportunities through, for example, financial literacy trainings and scholarships.
Physical and mental well-being
In 2021, we expanded our scope of our international community investment programme to include physical and mental well-being. Our focus here is on providing access to (quality) healthcare and, if possible, on bringing health to the privacy of home. In addition, we support initiatives that enable elderly to live a happy and self-sufficient life by helping them stay socially engaged and feeling less lonely.