Ing Groep N.v. · EURONEXT:INGA
Ing Groep — Debt Investor Presentation (November 2018)
14 slides from Ing Groep's debt investor presentation, Nov 7, 2018
Slide 1: ING Green Bond issuance
ING Green Bond issuance 7 November 2018
Slide 2: ING Green Bond issuance
ING Green Bond issuance Green Bond issuance objectives 2015 Green Bond 2018 Green Bond • Meet future MREL/TLAC requirements Issuer ING Bank N.V. ING Group N.V. 1 • First Green HoldCo issuance for ING (Expected) Issue Rating Aa3 / A+ / A+ Baa1 / A- / A+ • Align with the HoldCo resolution strategy and
Slide 3: ING Sustainability Strategy
ING Sustainability Strategy
Slide 4: A history of Climate Action leadership
A history of Climate Action leadership ING’s Climate Action journey so far… ING publishes official viewpoint on Sustainable Finance, calling for effective price on carbon ING becomes Sponsor of Science Based Targets Pledge to no longer Initiative Financials finance new coal power Sector Group plants
Slide 5: Our objectives and ambitions
Our objectives and ambitions Theme Objectives Ambitions Steer ING’s lending portfolio to align to well-below 2OC goal 20C alignment Reduce carbon intensity of mortgage portfolio Low carbon 50% 100% 20% Reduce ING’s direct footprint CO2 renewable water Increase Climate Finance portfolio two-fold by 2
Slide 6: ING supports clients in the transition to a low carbon economy (1)
ING supports clients in the transition to a low carbon economy (1) • September 2018: Start aligning >€600 bln lending portfolio Total Power Generation lending outstandings (in € mln) with the Paris Agreement’s well-below two degree goal through the Terra approach. ING is the first global bank to com
Slide 7: ING supports clients in the transition to a low carbon economy (2)
ING supports clients in the transition to a low carbon economy (2) • ING’s ambition: a fully sustainable Energy consumption after energy commercial real estate portfolio in the Energy consumption after first scan advice and adjustment Netherlands in 2023 • ING asked commercial real estate customers
Slide 8: ING has a strong Sustainability track record
ING has a strong Sustainability track record ESG Rating provider ESG Rating We use sustainability criteria in our capital allocation choices to help stimulate the transition to a sustainable Prime - 26 out of 246 economy. companies rated Ralph Hamers 82 / 100 Chief Executive Officer of ING Group 201
Slide 9: ING Green Bond
ING Green Bond
Slide 10: ING Green Bond Framework
ING Green Bond Framework 1 Use of proceeds 2 Project Evaluation and Selection • Eligible Green Loan Portfolio includes: • When identifying eligible projects and their • Renewable energy (global) non-financial impacts ING may rely on external consultants and their data sources • Wind and Solar • A Gr
Slide 11: Eligible Green Loan Portfolio: green buildings (Netherlands)
Eligible Green Loan Portfolio: green buildings (Netherlands) Use of Proceeds: green buildings Impact report: green buildings** Comparison of energy label in ING Green Buildings Loan Portfolio and Total portfolio size €1.596 bln average building stock in the Netherlands ING green buildings Avoided /
Slide 12: Eligible Green Loan Portfolio: renewable energy (Global)
Eligible Green Loan Portfolio: renewable energy (Global) Use of Proceeds: renewable energy Impact report: renewable energy (Global) Number of Projects by Technology Deal as a percentage of total Total portfolio (share ING) €2.935 bln portfolio* Avoided emissions solar + wind 4,263,000 ton CO2eq Avoi
Slide 13: ISS-oekom Second party opinion and CBI certification
ISS-oekom Second party opinion and CBI certification Opinion on the Green Bond • ISS-oekom’s overall evaluation of the Green Bond Portfolio by ING is positive • ING Green Bond is in line with the Green Bond Principles • ING has provided ISS-oekom with detailed information describing eligibility crit
Slide 14: Disclaimer
Disclaimer This document has been prepared by or on behalf of ING Wholesale Banking (‘ING’) solely for information purposes and as a platform for discussion and by accepting this document you agree to be bound by the following limitations and obligations. Copyright and intellectual property right pr
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