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.
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.
Industry Benchmark
Ing's score of 45 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ing's reported carbon emissions
In 2023, ING 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 significant increase from 2022, where total emissions were about 28,000,000 kg CO2e, with Scope 1 emissions at 8,000,000 kg CO2e, Scope 2 at 9,000,000 kg CO2e, and Scope 3 at 12,000,000 kg CO2e. Over the years, ING has set ambitious climate commitments, including near-term targets aligned with a 1.5°C pathway. As of 2021, their portfolio targets covered 63% of total investment and lending by financed emissions. The bank has committed to reducing greenhouse gas emissions from its operations (Scopes 1 and 2) in line with the necessary reductions to limit global warming to 1.5°C. ING's emissions data indicates a proactive approach to managing carbon footprints, with a focus on transparency and accountability in their climate strategy. The bank continues to engage in initiatives aimed at reducing its overall environmental impact while supporting sustainable finance practices.
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| 2011 | 2012 | 2013 | 2014 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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
Location emissions 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 participating in some of the initiatives that 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.
