Public Profile

Ing

ING Group, commonly known as ING, is a leading global financial institution headquartered in the Netherlands (NL). Founded in 1991, the company has established a strong presence in Europe, North America, and Asia, providing a wide range of banking services. ING operates primarily in the retail and wholesale banking sectors, offering innovative solutions such as digital banking, investment services, and insurance products. With a commitment to customer-centricity, ING has distinguished itself through its user-friendly digital platforms and sustainable finance initiatives. The bank has achieved notable milestones, including its recognition as a top player in the European banking market. ING's focus on technology and sustainability positions it as a forward-thinking leader in the financial services industry, catering to the evolving needs of its diverse clientele.

DitchCarbon Score

How does Ing's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

43

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

3

Industry Benchmark

Ing's score of 43 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Ing's reported carbon emissions

In 2023, ING Group reported total carbon emissions of approximately 28,000,000 kg CO2e, comprising 6,000,000 kg CO2e from Scope 1, 8,000,000 kg CO2e from Scope 2, and 15,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in emissions reporting, with data disclosed across all three scopes. Over the years, ING has demonstrated a commitment to reducing its carbon footprint. Notably, in 2022, the total emissions were about 28,000,000 kg CO2e, indicating a stable emissions profile. The bank has set near-term reduction targets, although it has not committed to a net-zero target as of now. The near-term targets are classified as "Committed," with a focus on compliance with the Commitment Compliance Policy, which requires targets to be submitted by July 31, 2023. ING operates within the financial sector, specifically in banking and insurance, and is headquartered in the Netherlands. The organisation's emissions reduction initiatives are part of a broader strategy to align with industry standards and contribute to global climate goals.

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Scope 1
28,100,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 2
90,100,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
51,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ing's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ing is headquartered in NL, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ing is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers