Climate

This starts at home by managing our own environmental footprint through our operations and suppliers. We monitor and manage our environmental impact, and believe in being transparent about the climate impact of our operations. As a bank, ING makes the most positive impact on climate action through our financing, via the money we loan to companies and customers. We are steering the most carbon-intensive parts of our loan book towards reaching net zero by 2050. We call this the Terra approach.

As society transitions to a low-carbon economy, so do our clients, and so does ING. The low-carbon transition cannot happen overnight. Even though we finance a lot of sustainable activities, we still finance more that’s not, which is a reflection of the current global economy.

Climate action is important to ING and is covered in various parts of this website. For example, in information about our sustainability-linked financing, green bonds and our circular economy programme.

We know that transparency is an important aspect of sustainability, and have published a detailed breakdown of our portfolio by sector.

Our energy page also gives valuable insights, for example into our goal to reduce our financing to coal power generation to close to zero by 2025.

Climate adaptation is essential to take measures to reduce our vulnerability against the physical impact of climate change. We have an important role to play by reducing the physical risks impact on our portfolio and supporting clients and communities to adapt through finance.