ING Groep NV
ING Groep's GHG Emissions Data Preview
In 2023, ING Groep completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
ING Groep has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind ING Groep’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ING Groep’s data sources below and access millions more through our Disclosure Search.
Insights into ING Groep's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of ING Groep amounted to 80,200 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of ING Groep increased by 395.06%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
ING Groep's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are ING Groep's Scope 1 emissions?
In 2023, the total Scope 1 emissions of ING Groep were 6,200 metric tons of CO₂ equivalent (tCO₂e). a
Has ING Groep reduced its Scope 1 emissions over time?
Since 2018, ING Groep's Scope 1 emissions have decreased by 55.71%, reflecting a declining long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2022), ING Groep's Scope 1 emissions decreased by 13.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are ING Groep's Scope 2 emissions?
In 2023, ING Groep reported Scope 2 greenhouse gas (GHG) emissions of 8,400 tCO₂e using the market-based method and 74,000 tCO₂e using the location-based method. a
What methodology does ING Groep use for Scope 2 reporting?
In 2023, ING Groep reported its Scope 2 emissions using the market-based method and using the location-based method. a
ING Groep's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into ING Groep's Value Chain Emissions
In 2023, ING Groep reported 57,644,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of ING Groep includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
ING Groep's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are ING Groep's Scope 3 emissions?
In 2023, ING Groep reported total Scope 3 emissions of 57,644,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.97% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has ING Groep reduced its Scope 3 emissions over time?
Since 2018, ING Groep's Scope 3 emissions have increased by 192,046.67%, reflecting a rising long-term trend in Scope 3 emissions over time. a d
Compared to the previous year (2022), ING Groep's Scope 3 emissions remained relatively stable, indicating that ING Groep 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does ING Groep disclose?
In 2023, ING Groep reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of ING Groep's Scope 3 emissions?
In 2023, the largest contributors to ING Groep's Scope 3 emissions were: a
- Investments (Cat. 15): 57,629,000 tCO₂e (99.97%)
- Business Travel (Cat. 6): 15,000 tCO₂e (0.03%)
ING Groep's Scope 3 Emissions by Categories
Insights into ING Groep’s GHG Emissions Intensity Compared to Industry Peers
In 2023, ING Groep reported Scope 1 greenhouse gas (GHG) emissions of 6,200 tCO₂e and total revenues of USD 24,990 millions. This translates into an emissions intensity of 0.25 tCO₂e per millions USD. a
ING Groep's Scope 1 Emissions Intensity Compared to Peers
How does ING Groep's GHG emissions intensity compare to its peers?
In 2023, ING Groep reported a Scope 1 emissions intensity of 0.25 tCO₂e per millions USD. Compared to the peer group median of 0.56 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does ING Groep rank on GHG emissions intensity within its industry?
In 2023, ING Groep ranked 2 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places ING Groep among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into ING Groep's Total Carbon Footprint
In 2023, ING Groep reported a total carbon footprint of 57,724,200 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.99% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to ING Groep's total carbon footprint was Scope 3 emissions, accounting for 99.86% of the company's total carbon footprint, followed by Scope 2 emissions at 0.13%. a