BankTrack is the international tracking, campaigning and civil society support organisation focused on commercial banks and their finance.
We aim to stop banks from financing harmful business activities and promote a banking sector that contributes to just societies and a healthy planet.
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ING head office in Amsterdam. Photo: Jan Derwig via Wikimedia Commons (CC BY-SA 3.0)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.
| Website | http://www.ing.com/group/index.jsp?&lang=en |
| Headquarters |
Bijlmerplein 888
1102 MG Amsterdam
Netherlands
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| CEO/chair |
Ralph Hamers CEO |
| Supervisor | |
| Annual reports |
Human Rights Report 2018 Annual report 2018 |
| Ownership |
listed on NYSE Euronext
ING's shareholder structure can be seen here. |
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. ING adopted the Equator Principles in 2003.
ING must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
ING is involved in financing the following Equator Principles projects that BankTrack considers controversial.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed ING on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. ING is assessed as a Follower, with a total score of 5.5/12.
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ING is reporting on the implementation here.
You may also want to directly contact the department of ING that is responsible for the Equator Principles (keep us informed):
