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.
+12 vs industry average
ING Bank N.V.’s score of 47 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 increased its overall emissions by 11% since 2019
Reported emissions
Scope 3 accounts for ••• of total emissions.
ING Bank N.V.'s reported carbon emissions
ING Bank N.V. (NL), operating in Financial intermediation services, except insurance and pension funding services (65), has reported a total of approximately 31 million kg CO2e emissions for the year 2016. The bank has set ambitious climate commitments. For the near term, it aims to achieve a 75 percent reduction in its CO2e emissions by 2025, relative to a 2014 baseline. This target encompasses emissions from Scope 1, Scope 2, and business travel (Scope 3). In 2022, ING Bank N.V. reported a significant reduction of 72 percent from its 2014 baseline, with emissions standing at 29 kilotonnes, which is 28 percent of the 2014 level. In 2021, emissions were 26 kilotonnes, an impact partly attributed to COVID-19 restrictions. ING Bank N.V.'s emissions and climate initiatives data is cascaded from its parent company, ING Groep N.V., for SBTi and CDP reporting.
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ING Bank N.V.’s Climate Goals (2030 & 2050)
1 goal2025
75% reduction in Scope 2
We aim to bring our business in line with the net-zero economy of the future and use our Environmental Programme to steer our progress towar…
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.
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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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