FinTech Magazine May 2025 | Page 26

ING
TOP 10: SUSTAINABLE FINANCE FIRMS

07

ING

HEADQUARTERS: AMSTERDAM, NETHERLANDS
CEO: STEVEN VAN RIJSWIJK
MOST RECENT FY REVENUE: € 19.7BN( US $ 21.62BN)( 2023)
The Dutch banking group ING has transformed its lending portfolio through sector-specific sustainability targets. Its Terra approach measures climate impact across high-emitting sectors that represent a significant portion of global emissions. ING has also decreased coal financing while expanding renewable energy project finance. The bank developed sustainability improvement loans with interest rates linked to environmental performance metrics. This financial innovation incentivises corporate clients to improve sustainability performance, creating a market mechanism for environmental improvement through traditional banking products. CREDIT: ING
26 May 2025
WATCH NOW What is ING’ s Terra approach?