ING Germany has undertaken a plethora of initiatives that demonstrate its industry-leading role in the transformation towards a sustainable financial sector, embodying best practices in ESG and sustainable finance disciplines.
Emphasising an integral sustainability strategy across all operations, ING Germany aligns with its parent group’s global commitments. The bank targets significant reductions in greenhouse gas emissions across scopes 1, 2 and 3, aiming for a 75% reduction by 2025 and pursuing net-zero by 2035 for its building emissions. This strategy includes sourcing 100% renewable electricity for its managed buildings and achieving a 90% electric vehicle fleet by 2030.
The bank has strategically expanded its sustainable finance mobilisation, with a declared goal of €150 billion ($176 billion) annually by 2027. In 2024, ING Germany contributed €18.3 billion, marking a 13% growth over the previous year. Sector-specific achievements include plans to substantially increase funding for renewable power generation, aiming to reach €7.5 billion annually by 2025. Notably, ING Germany led several significant ESG-linked transactions including arranging and structuring four major German green/ESG-linked/sustainability-linked Schuldschein transactions totaling €1 billion.
The bank has strategically expanded its sustainable finance mobilisation, with a declared goal of €150 billion annually by 2027
Furthermore, ING Germany supports transitioning its clients’ operations to meet net-zero objectives, evident from its “Terra” approach, developed in partnership with the 2° Investing Initiative, which focuses on aligning ING’s loan book with the 1.5-degree climate target.
These efforts are complemented by the LEED Platinum certification of the bank’s Frankfurt headquarters, underscoring the ING Germany’s commitment to high environmental standards in its own operations.
