ING

Diversified Banks
ING
$ 10 (0.5)%
Share price
$ 38 bn
Market Cap
$ 30 bn
Enterprise Value

Carbon footprint

0.44 Ton
GHG emissions per $ 1 mln investment
0.02x the weighted average for S&P 500
FY2021
How is this calculated?
-19%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

ING aims to achieve net zero for Scope 1 + 2 by 2050


This target has not been verified as science based according to SBTi
ING's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

ING's GHG emissions (market-based) (Kt of CO2e)
ING's Carbon intensity (Tons per 1 USDm)

ING's carbon footprint

ING reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 13 Kt (-3 /-18.8% y-o-y). Also positively, carbon intensity plunged to 0.5 t (-0.3 /-37.5% y-o-y).

ING's Scope 3 emissions decreased to 6 Kt (-2 /-25% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -33.1% since 4Q'18).

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -0.45 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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