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| Press release, Strategy

ING announces share buyback programme of up to €1.5 billion

ING announced today a share buyback programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of €1.5 billion.
ING posts 1Q2023 net result of €1,591 million with strong income growth and modest risk costs
| Press release, Financial

ING posts 1Q2023 net result of €1,591 million with strong income growth and modest risk costs

“The year 2023 got off to a good start, as we recorded a strong first quarter,” said ING CEO Steven van Rijswijk.
How the EU’s carbon border tax will affect the global metals trade
| Sustainability, Economics

How the EU’s carbon border tax will affect the global metals trade

The European Union's implementation of a Carbon Border Adjustment Mechanism (CBAM) to reduce the risk of carbon leakage as it strengthens its Emission Trading System is likely to push consumer prices higher and affect metal trade flows. It will also force producers globally to accelerate efforts to cut their carbon footprint
European-grown payment solution takes shape
| Banking

European-grown payment solution takes shape

ING innovations form basis of new digital payments solution
Results of ING’s 2023 Annual General Meeting
| Press release, Strategy

Results of ING’s 2023 Annual General Meeting

The Annual General Meeting (AGM) of ING Groep N.V. was held today in Amsterdam. The AGM adopted all agenda items, including the annual accounts for 2022, discharge of the members of the Executive Board and the Supervisory Board and the dividend for 2022.

Climate science vs energy security: the new challenges to reaching net zero
| Sustainability, Economics

Climate science vs energy security: the new challenges to reaching net zero

While climate science calls for urgent action to limit global warming to 1.5 degrees Celsius, concerns for energy security will add complexity to achieving a net zero economy. Governments and corporates should find a pathway that best suits them, set interim targets, report progress against these targets, and invest early with a long-term mindset
| Press release, Strategy

Change of venue for 2023 Annual General Meeting

ING announced today that it has decided to change the venue for the 2023 Annual General Meeting in order to accommodate the high number of shareholders that have registered to attend in a safe and orderly manner.
Commodities: Europe ends winter with comfortable gas storage
| Economics

Commodities: Europe ends winter with comfortable gas storage

We have finally reached the end of the heating season and Europe has managed to end winter with storage at record levels for this time of year. The job of refilling storage through the injection season should be much easier, assuming no big supply surprises. Oil prices are likely to trade higher through the year following surprise cuts from OPEC+
How the US is slowly catching up with Europe on ESG and climate policies
| Economics

How the US is slowly catching up with Europe on ESG and climate policies

The US and EU are both heading toward tougher regulations on ESG disclosure and standardisation. But there is a contrast between the difficulties America is facing in establishing Environmental, Social and Governance regulations versus the progress made in Europe
ING takes next step in aligning oil & gas portfolio with climate goals
| Sustainability

ING takes next step in aligning oil & gas portfolio with climate goals

Our expanded approach now includes trade & commodity finance and midstream infrastructure that supports new fields.
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