ING Green Bond
As a bank, the choices we make in lending and investing, and the services we offer to customers enable us to contribute to a sustainable economy, as well as build a strong portfolio of the businesses of tomorrow.
ING’s ambition is to become the industry leader in sustainable finance while contributing to a low-carbon and self-reliant society. To achieve these ambitions, we have a clear set of objectives and targets, like doubling our Climate Finance portfolio by 2022 and steering our €600 billion portfolio towards meeting the Paris Agreement’s well-below two degree goal. ING is also working towards only having ‘green’ office buildings in its Dutch portfolio by 2023.
Our long-standing commitment to sustainability is recognised by independent institutions that assess our sustainability performance annually. According to several sustainability rating agencies, ING is one of the most sustainable listed banks in the world. And ING Real Estate Finance became #1 in the 2018 GRESB Global ESG Real Estate Debt assessment.
ING’s Green Bond Programme
To support the strong growth of our Sustainable Finance portfolio, and to meet the green funding needs, we designed a Green Bond Framework that meets the highest standards on transparency and disclosure, and aligns with the ICMA Green Bond Principles (GBP).
ING intends to allocate the net proceeds of the green bonds issued under its Green Bond Framework to an Eligible Green Loan Portfolio of new and existing loans including renewable energy projects and green buildings. Other categories are clean transportation, pollution prevention and control, and sustainable water management. Read the Green Bond Framework (PDF 0,3 MB) for more information.
Overview of relevant documents
Green Bond Framework
ISS-oekom Second-Party Opinion 2018
Climate Bonds Initiative Pre-Issuance Certification 2018
Oekom-Research Second-Party Opinion 2015
Green Bond Reporting
Post-issuance Green Bond Allocation Report 2018
Post-issuance Green Bond Impact Report 2018
Pre-issuance Impact Report 2018
Post-issuance Green Bond Report 2017
Post-issuance Green Bond Report 2016
Post-issuance External Reviews
|ING Green Bond Issuance Overview|
|ISIN||Issue date||Coupon||Amount||Maturity||Issuer entity|
|US44987CAJ71||24 Nov 2015||2%||$800,000,000||26 Nov 2018||ING Bank N.V.|
|XS1324217733||24 Nov 2015||0.75%||€500,000,000||24 Nov 2020||ING Bank N.V.|
|XS1339542364||29 Dec 2015||2.648%||€62,500,000||29 Dec 2020||ING Bank N.V.|
|Reg S Notes:
Rule 144A notes:
|15 Nov, 2018||4.625||$1,250,000,000||6 Jan, 2026||ING Groep N.V.|
|XS1909186451||15 Nov, 2018||2.5%||€1,500,000,000||15 Nov, 2030||ING Groep N.V.|
|XS1927765468||19 Dec, 2018||3.399%||£60,000,000||28 Dec, 2030||ING Groep N.V.|
|XS1968711876||18 Mar, 2019||1.625%||€138,000,000||21 Mar, 2029||ING Groep N.V.|