Sustainability

27 May 2020

What actions is ING taking in relation to sustainability?

Finance, support, transparency… discover ING’s solutions for sustainability.

Our lives have been dominated in recent months by the coronavirus and its fight against it. Millions of people are rolling up their sleeves to help each other. With the outbreak of the coronavirus, not only the social and health impact, but also the ecological impact are more central than ever in our daily news. Whether you are acting as an individual or on behalf of your company, ING is on hand to support you and help you stay a step ahead in relation to climate and financial health changes. To do this, as well as developing its products and services, the bank is also adapting its range of financing options.

Social support

ING and its employees take various actions to contribute to society. To help local communities to become more autonomous, some important long-term partnerships have been established:

  • Every year, with the King Baudouin Foundation, ING provides financial support for social projects contributing to the development of the circular economy, digital inclusion and financial education. In 2020, ING donated an extra EUR 500,000 to the solidarity fund set up by the King Baudouin Foundation for the benefit of hospitals and healthcare institutions.
  • With Time4society, every year, more than 1,000 ING employees give up one day of their free time for a local association as part of ING Volunteering Days.
  • Together with Close the Gap, ING supports the circular economy by giving hundreds of old laptops, screens and other IT equipment a second life every year mostly in African countries. Part of this load of laptops is also proposed to ING employees for purchase or given to local non-profit organization like in 2020 to Digital For Youth.
  • Finally, its international partnership with UNICEF and all-year round employees’ fundraising aims to help today's young people develop the required skills to build the world of tomorrow.
What does this mean in practical terms for you?

You are a retail customer:


You are a wholesale client:

Transparency

ING regularly updates its positions in relation to financing: the sectors it excludes (for example, production of animal fur, cosmetic testing on animals, nuclear weapons or rainforest deforestation) and what it expects from its clients in terms of respect for human rights and the environment. In its annual report, along with details on financial performance, you will also find information on its environmental and social impact throughout its value chain. This transparency has been rewarded by rating agencies such as Sustainalitics or the Dow Jones Sustainability Index, which rank ING among the most sustainable banks in the world.

An environmental programme

Sustainability also means reducing the environmental footprint. ING is therefore reducing its energy consumption and its waste by improving recycling, optimising its rainwater consumption and by using more environmentally friendly methods of travel.

The results of ING Belgium in a few key figures:
  • 51% reduction in CO2 emissions between 2014 and 2019
  • 46% reduction in non-recyclable waste between 2014 and 2019
  • 100% of ING’s electricity is derived from local and renewable resources
More information?