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Finance • ING: Achieving net zero emission in its portfolio and its operations

ING Group, a Dutch bank founded in the late 19th century, is currently a leader on the European banking market, having set targets and made efforts to decarbonise both its portfolio and its own operations.

Publication date

2022

Location

Netherlands

Editor

Climate Chance Observatory | Finance For Tomorrow

Net-zero emissions is the condition in which anthropogenic carbon dioxide (CO2) emissions are balanced by anthropogenic CO2 removals over a specified period. Although the financial world is increasingly embracing stakeholder alliances for carbon neutrality, the number of stakeholders setting an emissions reduction strategy to achieve science-based targets remains limited. ING Group, a Dutch bank founded in the late 19th century, is currently a leader on the European banking market, having set targets and madeefforts to decarbonise both its portfolio and its own operations.