ING Groep NV

Common Name
ING Groep
Country
Netherlands
Sector
Financial Services
Industry
Banks - Diversified
Employees
60,000
Ticker
INGA
Exchange
EURONEXT
Description
ING Groep N.V. is a prominent global financial services company with a strong presence in the banking sector. Headquartered in Amsterdam, Netherlands, ING provides a comprehensive range of services in...

ING Groep's Climate Target Data Preview

As of 2024, ING Groep has disclosed 15 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 12 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into ING Groep ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement Produced/Manufactured
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Revenue Tonne Kilometer (RTM)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement Produced/Manufactured
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2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities
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2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
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2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Revenue Tonne Kilometer (RTM)
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2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into ING Groep's Greenhouse Gas Emissions Pathways

As of 2024, ING Groep has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does ING Groep have a target to reduce the emissions from its operations?

As of 2024, ING Groep has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

ING Groep's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 74,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2014.

As of 2023, ING Groep is ahead of schedule on its operational emissions reduction target, having achieved 90.09% of the planned reduction.

ING Groep's Operational (Scope 1+2) Emissions Pathway

201420232030020 k40 k60 k80 kBaselineCurrent (-81%)

Does ING Groep have a target to reduce the emissions from its value chain?

As of 2024, ING Groep has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

ING Groep's most ambitious value chain target is to reduce these emissions by 100% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2018.

As of 2024, ING Groep is ahead of schedule on its value chain emissions reduction target, having achieved 78.79% of the planned reduction.

ING Groep's Value Chain (Scope 3) Emissions Pathway

201820242030204000000BaselineCurrent (-79%)Target 2040 (-100%)

Does ING Groep have a target to reduce its total carbon footprint?

As of 2024, ING Groep has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

ING Groep's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 106,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2014, by 75% by 2025.

As of 2024, ING Groep is ahead of schedule on its total carbon footprint reduction target, having achieved 99.37% of the planned reduction.

ING Groep's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201420242025030 k60 k90 k120 kBaselineCurrent (-75%)
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