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2023-03-17 00:00:00
Briefing: The role of financial institutions in decarbonising the steel sector
2023-03-09 00:00:00
Dutch bank ING supports controversial pipeline to import gas from authoritarian Azerbaijan
2023-02-23 00:00:00
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New ING policy could spark bank shift away from financing oil and gas infrastructure
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Pego power station conversion plans halted
2022-12-14 11:08:26
HSBC announces it will no longer finance new oil and gas fields
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2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
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The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3
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The BankTrack Human Rights Benchmark Asia
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Banking on Climate Chaos 2022
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Home › Banks ›
Bank
INGNetherlands

Active

This profile is actively maintained
Last update: 2022-04-19 00:00:00
ING's head office, Amsterdam. Photo: Ceescamel via Wikimedia Commons (CC BY SA 4.0)

Active

This profile is actively maintained
Last update: 2022-04-19 00:00:00
About
Website https://www.ing.com/Home.htm
Headquarters
Bijlmerdreef 106
1102 CT Amsterdam
Netherlands
CEO/chair Steven van Rijswijk
CEO
Supervisor
De Nederlandsche Bank
Ownership
listed on Euronext Amsterdam & Euronext Brussels

ING's shareholder structure can be accessed here.

ING (an abbreviation of Internationale Nederlanden Groep) is a Netherlands based international financial services company and one of the world's largest savings banks. It was founded through a merger in 1991 of NMB Postbank Groep and the insurance business of Nationale-Nederlanden, which history dates back to 1845. ING's primary businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance services. ING is active in over 40 countries.

Sustainability
Commitments
Policies
Voluntary standards

ING's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

ESR policies

Environmental and social risk management

ING has the following investment policies in place:

2023-03-14 00:00:00

ING takes next step in aligning oil & gas portfolio with climate goals

Bank policy
2023-03-14 00:00:00 | ING
2022-03-23 00:00:00

Energy policy

Bank policy
2022-03-23 00:00:00 | ING
2022-03-23 00:00:00

Oil & gas industry policy

Bank policy
2022-03-23 00:00:00 | ING
2021-08-20 00:00:00

Stance on Biodiversity

Bank policy
2021-08-20 00:00:00 | ING
2021-08-19 00:00:00

Biodiversity policy

Date listed represents date as accessed on website
Bank policy
2021-08-19 00:00:00 | ING
2021-06-30 00:00:00

Environmental and social risk framework

Bank policy
2021-06-30 00:00:00 | ING
2021-02-15 00:00:00

Financial Economic Crime Policy

Date listed represents date as accessed on website
Bank policy
2021-02-15 00:00:00 | ING
2021-02-15 00:00:00

Stance on climate

Date listed represents date as accessed on website
Bank policy
2021-02-15 00:00:00 | ING
2020-04-22 00:00:00

ING's Approach to the Modern Slavery Act

Bank policy
2020-04-22 00:00:00 | ING
2019-12-19 00:00:00

Stance on human rights

Date listed represents date as accessed on website
Bank policy
2019-12-19 00:00:00 | ING
2019-12-19 00:00:00

Stance on deforestation

Date listed represents date as accessed on website
Bank policy
2019-12-19 00:00:00 | ING
2019-12-19 00:00:00

Stance on extractives industry

Date listed represents date as accessed on website
Bank policy
2019-12-19 00:00:00 | ING
2019-12-19 00:00:00

Stance on palm oil

Date listed represents date as accessed on website
Bank policy
2019-12-19 00:00:00 | ING
2019-12-19 00:00:00

Stance on animal welfare

Date listed represents date as accessed on website
Bank policy
2019-12-19 00:00:00 | ING
2019-12-19 00:00:00

Zero tolerance approach to bribery and corruption

Date listed represents date as accessed on website
Bank policy
2019-12-19 00:00:00 | ING
2019-12-19 00:00:00

Know Your Customer and Anti Money Laundering measures

Date listed represents date as accessed on website
Bank policy
2019-12-19 00:00:00 | ING
2018-03-31 00:00:00

ING Viewpoint Sustainable Finance

Bank policy
2018-03-31 00:00:00 | ING
2018-03-29 00:00:00

Standpunt van de ING over de financiering van kernwapens

Bank policy
2018-03-29 00:00:00 | ING
2017-12-31 00:00:00

Environmental Approach 2017

Bank policy
2017-12-31 00:00:00 | ING
2014-11-27 00:00:00

Supplier terms of engagement

Bank policy
2014-11-27 00:00:00 | ING
ING has committed itself to the following voluntary standards:
Klimaschutz-Selbstverpflichtung des FinanzsektorsTags: climate change | corporate social responsibility | finance
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Climate Statement Dutch Banking Association (NVB)Tags: climate change | transparency
Code Banken (Dutch Banking Code)Tags: bond issuance
Collective Commitment to Climate Action (CCCA)Tags: climate change | corporate social responsibility | United Nations
De Spitsbergen ambitieTags: climate change
Dutch Banking Sector Agreement on International Responsible Business Conduct regarding Human RightsTags: human rights
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Extractive Industries Transparency InitiativeTags: oil and gas | mining and processing | transparency
Global Reporting InitiativeTags: sustainable development | human rights
Klimaatakkoord NetherlandsTags: climate change | corporate social responsibility
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Paris Agreement Capital Transition Assessment (PACTA)Tags: corporate social responsibility
Poseidon PrinciplesTags: corporate social responsibility | shipping
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Responsible Ship Recycling Standards (RSRS)Tags: safety | shipping | waste management
Science Based TargetsTags: climate change | corporate social responsibility
Sustainable Steel PrinciplesTags: corporate social responsibility
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance
Thun Group on Human RightsTags: Human Rights
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

ING is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of ING's link to these deals.