ING

InfluenceMap Score
C-
Performance Band
60%
Organisation Score
48%
Relationship Score
Sector:
Financials
Head​quarters:
Amsterdam, Netherlands
Official Web Site:
Wikipedia:

ING has stated support for a role for finance in achieving the goals of the Paris Agreement and EU’s 2030 target, as well as investment strategies in line with 933304 net-zero by 2050], as part of the Net Zero Banking Alliance (NZBA). ING has also supported increased ambition in EU sustainable finance regulation. ING appears to have had some detailed engagement on sustainable finance policy, with mixed positions.

In 2018-19, ING stated broad support for policy to improve regulated corporate ESG disclosure on its website and in its CDP response stated support for the mandatory implementation of the TCFD. In 2021, it also appeared to support the SEC’s efforts around climate disclosures in a website article.

ING stated high-level support for the taxonomy on its website. In response to the Commission’s consultation on the Renewed Sustainable Finance Strategy in 2020, it supported a taxonomy that also included 'social' issues.

Also in response to the Commission’s 2020, while ING appeared to support the EU Green Bond Standard, it did not support the accreditation of verifiers nor possible labels for professional investment funds, however, it did not appear to support the Commission's proposed actions on integrating ESG preferences into advice to retail clients. In response to the Commission in 2020, ING also supported the inclusion of ESG factors in bank risk calculations and prudential regulation.

In a report in 2021, ING appeared to support the EU sustainable finance disclosure regulation (SFDR).

ING has made a clear disclosure of some of its positions on sustainable finance on its website but, beyond listing the trade associations, has not clearly described the management of its indirect influence.

QUERIES
DATA SOURCES
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11NSNSNS2NS
1NS12NSNSNS
101NS1NSNS
11NS111NS
NSNSNS0NSNSNS
1NSNS-1NSNSNS
0NSNS1NSNSNS
0NANANANANANA
0NANANANANANA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
49%
 
49%
 
48%
 
48%
 
56%
 
56%
 
52%
 
52%
 
42%
 
42%
 
49%
 
49%
 
43%
 
43%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.