ING Green Bond

... min read

At ING we aim to put sustainability at the heart of what we do*, defining new ways of doing business where planet and people are just as important as economic growth.

Endorsing the Paris Agreement in 2015 and joining the Net Zero Banking Alliance in 2021 have set the precedent for the strategic direction of ING to steer our portfolio to net zero by 2050. We use our Terra approach to address the most carbon-intensive parts of our overall lending portfolio and steer those to net zero by 2050 or sooner. At client level, we use our sector expertise, international network and climate-action experience to accelerate our clients’ transitions to a low-carbon economy. Our long-standing commitment to sustainability is recognised by independent institutions that assess our sustainability performance annually.

* Society is transitioning to a low-carbon economy. So are our clients, and so is ING. We finance a lot of sustainable activities, but we still finance more that’s not. See how we’re progressing on ing.com/climate.

ING’s Green Bond Programme

ING issued its first Green Bond in November 2015. In alignment with ING’s sustainability strategy, we have established a Green Bond Framework, under which ING Group and any of its subsidiaries can issue financial instruments (such as Senior Bonds, Subordinated Bonds, Covered Bonds, Commercial Papers, Medium-term notes and Deposits) to finance and refinance sustainable assets and projects which contribute to the UN Sustainable Development Goals and the sustainability strategy of ING.

ING established its sustainable debt strategy, via the publication of its first Green Bond Framework, back in 2015 and updated it in 2022, aimed at (re)financing green assets, namely green buildings and renewable energy projects.

Since the first publication of the Framework, ING has continued to take important steps to enhance its sustainable debt strategy and sees it as an important tool to support the strong growth of our own Sustainable Finance portfolio.

The framework aligns with the latest International Capital Market Association’s (ICMA) Green Bond Principles (GBP) and has been externally assessed by ISS ESG. In the ISS ESG Second Party Opinion (SPO), the alignment with the Green Bond Principles (GBP), the EU Taxonomy and other additional regulations/standards has been assessed.

Overview of relevant documents

Add additional instruments on the table below.

Green Bond Framework

Investor Presentations

External reviews

Green Bond Reporting



ING Green Bond Issuance Overview
ISIN Issue date Coupon Amount First call date Maturity Issuer entity
Reg S Notes:
USN4580HAA51

Rule 144A notes:
US45685NAA46
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.
XS2063297423 10 Oct, 2019 WIBOR 6M + 0,53% PLN 400,000,000   10 Oct, 2024 ING Bank Hipoteczny S.A.
Reg S Notes:
USN4580HAC18

Rule 144A notes:
US456837AU72
01 Jul, 2020 1.400% $1,000,000,000


01 Jul. 2025


01 Jul, 2026 ING Groep N.V.
XS2305598216 24 Feb, 2021 1.125% £800,000,000 07 Dec. 2027 07 Dec, 2028 ING Groep N.V.
XS2350756446* 09 Jun, 2021 0.875% €500,000,000 09 Mar. 2027 09 Jun, 2032 ING Groep N.V.
DE000A1KRJV6 07 Oct, 2021 0.01% €1,250,000,000   07 Oct, 2028 ING-DiBa AG
XS2483607474 23 May, 2022 2.13% €1,500,000,000 23 May 2025 23 May, 2026 ING Groep N.V.
XS2524746687* 24 Aug, 2022 4.125% €1,000,000,000 24 May 2028 24 Aug, 2033 ING Groep N.V.
DE000A2YNWB9 13 Sep, 2022 2.375% €1,000,000,000   13 Sep, 2030 ING-DiBa AG
Green Lion 2023
-1

Class A:
XS2657796038

Class B:
XS2657796541
04 Oct, 2023 Class A: 3M+ 0,45% Class A:
€850,000,000

Class B:
€448,000,000
  Legal maturity date:
23 July 2065

Economic maturity date:
23 July 2028
Green Lion 2023-1
DE000A2YNWC7 15 Nov, 2023 3,25% €1,000,000,000   15 Feb, 2028 ING-DiBa AG
XS2764264789 12 Feb, 2024 4,0% (reset after the call date) €1,250,000,000 12 Feb. 2034 12 Feb, 2035 ING Groep N.V.
*includes a 3 month par call prior to first reset date

The documentation of Green Lion RMBS issuances can be found on Debt securities ING Bank N.V.

Back to top