ING Group

Amsterdam, Netherlands

NYSE: ING, Euronext Amsterdam: ING, NYSE Arca: IGB

40 Locations

ING is a Dutch multinational banking and financial services corporation, offering a wide range of financial products and services, including retail banking, investment banking, and asset management. The company operates in various sectors, including personal banking, corporate banking, and insurance, aiming to provide innovative solutions to its clients.

CCI Score

-22.11

0.09% May 31

Latest Event

ING Faces Lawsuit Over Climate Action Failures

In March 2025, Friends of the Earth Netherlands (Milieudefensie) filed a lawsuit against ING Groep NV, alleging that the bank continued to finance high-emission industries and new fossil fuel projects, thereby failing to adequately address climate change. ING dismissed these demands as unrealistic, despite ongoing concerns over its climate impact.

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ACCOMPLICE

ING Group is currently rated as an Accomplice.

-20 to -29 CCI Score

These companies profit from authoritarian practices through their business dealings. Although they may not be directly enforcing oppressive policies, their actions contribute to the economic and operational sustenance of authoritarian regimes.

Latest Events

MAR

28

2025

ING Faces Lawsuit Over Climate Action Failures
-39.30

In March 2025, Friends of the Earth Netherlands (Milieudefensie) filed a lawsuit against ING Groep NV, alleging that the bank continued to finance high-emission industries and new fossil fuel projects, thereby failing to adequately address climate change. ING dismissed these demands as unrealistic, despite ongoing concerns over its climate impact.
-40

Business Practices and Ethical Responsibility

April 28

The lawsuit highlights ING's alleged failure to align its financial practices with climate responsibility, as it continues funding industries contributing to high emissions. This raises concerns over the bank's ethical business practices, which can have adverse impacts on marginalized communities and undermine environmental justice. Such actions are viewed negatively from an anti-fascist and progressive perspective, emphasizing corporate accountability.

Netherlands: ING sued by Dutch non-profit for alleged failures over climate
JAN

22

2024

ING Faces Climate Lawsuit Over Fossil Fuel Financing
-43.65

Climate advocacy group Friends of the Earth Netherlands has filed a lawsuit against ING, alleging that the bank is failing its duty of care by financing fossil fuel projects and not taking sufficient measures to reduce its emissions, echoing the group's successful legal action against Shell.
-50

Business Practices and Ethical Responsibility

April 28

The lawsuit by Friends of the Earth Netherlands highlights ING's inadequate climate policies and financing practices that contribute to environmental harm. ING's failure to commit to robust emissions reductions and to fully divest from fossil fuel investments reflects poor ethical business practices. This event underscores a deficit in the bank's responsibility to mitigate climate change, which in turn can have broader societal impacts.

ING Faces Climate Lawsuit from Group that Won Case Against Shell
JAN

19

2024

ING Faces Legal Action Over Inadequate Climate Plan
-53.30

Dutch NGO Milieudefensie has initiated legal action against ING Bank in a Dutch court for its inadequate climate plan. The case alleges that by financing heavily polluting companies and emitting significant greenhouse gases, ING is failing to meet its responsibilities under the Paris Climate Agreement.
-70

Business Practices and Ethical Responsibility

April 28

ING’s climate plan is criticized for its inadequate measures to reduce greenhouse gas emissions and for its substantial financing of polluting companies, displaying a disregard for ethical business practices and environmental responsibilities.

We are taking ING to court in a groundbreaking new climate case
-50

Economic Collaboration

April 28

By channeling significant funds towards companies that are major contributors to greenhouse gas emissions, ING exerts a negative economic and structural influence that exacerbates the climate crisis.

We are taking ING to court in a groundbreaking new climate case
APR

24

2023

Chaotic Shareholders Meeting Amid Climate Activist Protests
-22.09

During a shareholders meeting in Amsterdam on April 24, 2023, ING faced disruptions from climate activists protesting the bank's continued investments in fossil fuels. The meeting was repeatedly halted, security and police intervened leading to at least one arrest, and the meeting environment was characterized as chaotic by Supervisory Board Chair Hans Wijers.
-25

Public and Political Behavior

April 28

ING's response to the climate activists—characterized by suspending the meeting multiple times and involving security and police to remove protesters—can be seen as an effort to control dissent and limit shareholder democratic participation. Such measures contribute to a negative evaluation under Public and Political Behavior.

Chaotic ING shareholders' meeting due to climate activists protests; At least 1 arrest
-30

Business Practices and Ethical Responsibility

April 28

The protest was sparked by ING's ongoing investments in fossil fuels, which activists argue do not align with the urgent need for meaningful climate action. This decision raises significant concerns about the bank's ethical responsibility and commitment to environmental justice.

Chaotic ING shareholders' meeting due to climate activists protests; At least 1 arrest
FEB

23

2023

ING Advances ESG-Driven Supply Chain Finance
47.81

ING Group has introduced innovative sustainable finance instruments, including green guarantees and sustainability improvement guarantees, aimed at enhancing ESG performance across corporate supply chains. The measures, which involve setting pre-agreed sustainability KPIs with independent verification, drive accountability and support the shift toward greener business practices.
+60

Supply Chain Ethics

April 28

By rolling out sustainable supply chain finance solutions, ING demonstrates a commitment to ethical business practices and supply chain transparency. The use of green guarantees and sustainability improvement guarantees incentivizes better environmental performance and accountability, counteracting exploitative or opaque supply chain practices that can indirectly support authoritarian agendas.

Boosting ESG in the supply chain