In today’s world, sustainability is no longer just a buzzword—it’s a necessity. As global challenges like climate change, resource depletion, and social inequality continue to grow, businesses are stepping up to play their part in creating a more sustainable future. ING, a global financial institution, is leading the charge by embedding sustainability into its core operations and empowering its clients to do the same. But how exactly does ING support sustainable practices? Let’s dive into the initiatives, strategies, and commitments that make ING a leader in sustainable finance.
At the heart of ING’s sustainability efforts is its commitment to creating long-term value for society, the environment, and the economy. ING recognizes that financial institutions have a unique role to play in driving positive change, and it has made sustainability a cornerstone of its business strategy. This commitment is reflected in its focus on financing projects and businesses that contribute to a greener, fairer, and more inclusive world.
One of the most impactful ways ING supports sustainability is through its sustainable finance solutions. ING actively works with businesses to fund projects that align with environmental, social, and governance (ESG) goals. This includes financing renewable energy projects, green buildings, and sustainable infrastructure.
For example, ING has been a pioneer in green bonds, which are financial instruments specifically designed to fund environmentally friendly projects. By providing access to capital for sustainable initiatives, ING helps businesses transition to low-carbon and circular economies.
ING has taken a bold step in aligning its lending portfolio with the Paris Agreement’s climate goals through its Terra approach. This science-based methodology ensures that ING’s financing activities contribute to limiting global warming to well below 2°C, with efforts to stay below 1.5°C.
The Terra approach focuses on key sectors that are critical to the transition to a low-carbon economy, such as energy, automotive, and real estate. By working closely with clients in these sectors, ING helps them reduce their carbon footprints and adopt more sustainable practices.
Beyond financing, ING provides its clients with the tools and expertise they need to integrate sustainability into their business strategies. ING’s team of sustainability experts offers guidance on ESG risks, opportunities, and best practices. This collaborative approach ensures that clients are not only meeting regulatory requirements but also creating long-term value for their stakeholders.
ING doesn’t just promote sustainability externally—it also practices what it preaches. The company has set ambitious targets to reduce its own environmental impact. ING is committed to becoming a net-zero bank by 2050, which includes reducing emissions from its operations and financed activities.
Internally, ING has implemented measures to minimize energy consumption, reduce waste, and promote sustainable procurement. Its offices are designed with energy efficiency in mind, and employees are encouraged to adopt eco-friendly habits, such as reducing paper usage and opting for sustainable commuting options.
Sustainability isn’t just about the environment—it’s also about creating a fair and inclusive society. ING supports financial inclusion by providing access to banking services for underserved communities and supporting initiatives that promote social equity. By empowering individuals and small businesses, ING helps drive economic growth and reduce inequality.
ING’s efforts to support sustainable practices are already making a significant impact. The bank has been recognized as a leader in sustainability by various organizations, including being listed in the Dow Jones Sustainability Index. Its commitment to sustainable finance has helped fund countless projects that contribute to a greener and more equitable world.
But ING knows that the journey toward sustainability is ongoing. By continuously innovating, collaborating, and holding itself accountable, ING is setting a powerful example for the financial industry and beyond.
As the world faces unprecedented environmental and social challenges, ING is proving that financial institutions can be a force for good. Through its sustainable finance solutions, climate-aligned strategies, and commitment to social equity, ING is driving meaningful change and helping to build a more sustainable future.
Whether you’re a business looking to transition to greener practices or an individual seeking to support companies that prioritize sustainability, ING’s initiatives demonstrate that profitability and purpose can go hand in hand. Together, we can create a world where economic growth and environmental stewardship thrive side by side.