ING Bank N.V., a prominent player in the financial intermediation services sector, is headquartered in the Netherlands (NL). Established in 1991, the bank has evolved significantly, expanding its operations across Europe, Asia, and the Americas. ING Bank is renowned for its innovative banking solutions, including retail banking, wholesale banking, and investment services, which cater to a diverse clientele.
With a strong emphasis on digital banking, ING Bank distinguishes itself through user-friendly platforms and personalised financial services. The bank has achieved notable milestones, including recognition for its sustainability initiatives and commitment to customer-centric solutions. As a leading financial institution, ING Bank N.V. continues to strengthen its market position, leveraging technology to enhance customer experiences and drive growth in the competitive financial landscape.
+11 vs industry average
ING Bank N.V.’s score of 48 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
Scope 3 accounts for ••• of total emissions.
ING Bank N.V.'s reported carbon emissions
ING Bank N.V., headquartered in NL and operating in financial intermediation services (excluding insurance and pension funding), reported a total of approximately 31 million kg CO2e in emissions for the year 2016. This figure encompasses all disclosed scopes.
The bank has set an ambitious mid-term target for 2025 to reduce its CO2e emissions by 75 percent compared to a 2014 baseline. This reduction applies to emissions from Scope 1, Scope 2, and business travel within Scope 3. In 2022, ING achieved a reduction of 72 percent from its 2014 baseline, bringing emissions down to 29 kilotonnes, which represents 28 percent of its 2014 levels. This progress aligns with its broader goal to bring its business in line with a net-zero future economy.
It's important to note that ING Bank N.V.'s emissions data and climate initiatives are cascaded from its parent organisation, ING Groep N.V. Specifically, SBTi and CDP initiative sources are inherited from ING Groep N.V., indicating that the climate commitments and reporting standards are aligned at the group level.
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ING Bank N.V.’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from ING Groep N.V.
Carbon Disclosure Project
Inherited from ING Groep N.V.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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ING Bank N.V.
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