ING Bank N.V.

ING Bank N.V., a financial intermediation services company headquartered in the Netherlands, reported its total emissions for 2016 as 31,000,000 kg CO2e. This figure represents an aggregated total without specific breakdown for Scope 1, Scope 2, or Scope 3 emissions.

Regarding its climate commitments, ING Bank N.V. has set a near-term, absolute reduction target for Scope 1, Scope 2, and business travel Scope 3 emissions. The bank aims to reduce these emissions by 75% by 2025, using a 2014 baseline. As of 2022, ING Bank N.V. had already achieved a 72% reduction from its 2014 baseline, bringing emissions down to 29,000,000 kg CO2e. In 2021, their emissions were 26,000,000 kg CO2e, a period significantly impacted by Covid-19 restrictions.

While ING Bank N.V. itself does not have SBTi targets, these initiatives are cascaded from its parent company, ING Groep N.V., through the corporate family relationship.