Ing Groep N.v. · EURONEXT:INGA
Ing Groep — Debt Investor Presentation (May 2025)
34 slides from Ing Groep's debt investor presentation, May 2025
Slide 1: Investor Presentation: ING Global Green Funding Framework
Investor Presentation ING Global Green Funding Framework May 2025 ING Group Treasury Sustainability Management
Slide 2: Index
Index Item Slide Who we are 3 Sustainability & ESG Governance 6 Climate Ambition 12 ESG Reporting 16 ING Global Green Funding Framework 18 External engagement & recognition 29
Slide 3: Who we are
Who we are Our strategy ING is a leading European universal bank with global Growing the difference activities. Our more than 60,000 colleagues offer retail and wholesale banking services to Priorities customers in over 100 countries Our purpose Empowering people to stay a step ahead in life and bus
Slide 4: Our markets
Our markets Wholesale & Retail Banking Wholesale Banking Corporate head office, Amsterdam, The Netherlands Australia India Philippines Sweden Austria Indonesia Poland Switzerland Belgium Ireland Portugal Taiwan Bulgaria Italy Romania Türkiye Czech Republic Japan Russia1 Ukraine France Luxembourg Sin
Slide 5: How we create value
How we create value Our biggest contribution to our stakeholders and how we create value is made by fulfilling our function as a bank. We play an important role in promoting and supporting economic, social and environmental progress. Understanding what matters most Stakeholder engagement ▪ To help u
Slide 6: Sustainability & ESG Governance
Sustainability & ESG Governance
Slide 7: Sustainability has been on ING's agenda for decades
Sustainability has been on ING’s agenda for decades Launch of Introduction of First Sustainability Creation of ING Start of Sustainable Sustainability Green Bond Framework Report Groenbank Sustainability Equity Lending Team Improvement Loan Update Fund 1997 1999 2005 2015 2018 1996 1998 2000 2012 20
Slide 8: Our sustainability journey continues
Our 2024 Publications ▪ ING published the first Nature Approach Report sustainability ▪ ING published the fifth Human Rights Report ▪ ING published the Climate Progress Update 2024 journey ▪ ING published the updated Global Green Funding Framework continues... 2025 and beyond ▪ 2025 – First Sustaina
Slide 9: ESG governance
ESG governance ▪ The ESG Committee assists the Supervisory Board with matters relating to the various areas Supervisory Board of ESG, including the development of ESG strategy and its integration in the company. ▪ ESG is a regular topic on the agenda of ING’s management boards, in their capacity of
Slide 10: Managing ESG Risk
Managing ESG Risk ESG Risk Governance Organisational Bodies Supervisory The ESG Committee assists the Supervisory Management of ESG risk is embedded within all material risk types Board ESG Board by generally monitoring and advising across the three lines of defence, with “E” fully integrated and “S
Slide 11: Managing ESG Risk
Managing ESG Risk The ESG Risk Framework Transmission Channels & Materiality1 The environmental, social and governance (ESG) risk framework provides a definition of ESG risk, the governance structure supporting the management of ESG risk, and an overview of the various roles and responsibilities rel
Slide 12: Climate ambition
Climate ambition
Slide 13: Our Climate Approach
Our Climate Approach Our climate approach focuses on the three areas where we believe we can make the greatest impact: ▪ Drive down emissions: help drive down global emissions by engaging with our clients and steer our portfolios for net- zero alignment. Our analysis of clients’ climate disclosures
Slide 14: Our Transition Plan
Our Transition Plan We aim to steer the most carbon-intensive parts of our portfolio towards meeting global climate goals and work with clients to achieve their own sustainability goals. Embedding client engagement into Our Approach Resources for our transition plan decision making Terra WB: Client
Slide 15: The Terra Approach
The Terra Approach ING’s integrated climate approach1 considers how we can mitigate climate change through our lending activities as well as how climate change may adversely impact our business. Our Terra approach is based on three main principles: (1) impact-based, (2) climate science-based, (3) en
Slide 16: ESG Reporting
ESG Reporting
Slide 17: ING's ESG reporting
ING’s ESG reporting ING Annual Report Green Funding Reporting ▪ ING publishes its allocation of net proceeds ▪ In light of the Corporate Sustainability of green liability instruments to the Eligible Reporting Directive (CSRD), ING has Green Loan portfolio (allocation report) and introduced a dedicat
Slide 18: ING Global Green Funding Framework
ING Global Green Funding Framework
Slide 19: ING is dedicated to its Green Funding Programme
ING is dedicated to its Green Funding Programme Green Funding instruments objectives and added value External consultants & providers ▪ Support meeting our sustainability objectives • Second party Opinion provider ▪ Fund growth in our Eligible Green Loan portfolio ▪ Continued leadership in the Green
Slide 20: ING Global Green Funding Framework 2024
ING Global Green Funding Framework 2024 Our ING Global Green Funding Framework has been assessed by a Second Party Opinion (SPO) and is aligned with the latest ICMA Green Bond Principles 2021. The framework is presented through below four pillars: Use of Proceeds Project Evaluation and Selection ▪ I
Slide 21: Advising and financing our clients – Green Eligible Categories
Advising and financing our clients – Green Eligible Categories ING continues to fund companies and sectors that are helping the transition to a low-carbon economy. This includes funding projects that advance renewable energy, circular economy and help combat climate change. Commercial Real Estate Re
Slide 22: Use of Proceeds – Sustainable Classification Scheme
Use of Proceeds – Sustainable Classification Scheme We are implementing an internal classification scheme on selecting loans for the Eligible Green Loan Portfolio Are the ING’s ESG Due Diligence Parameter 1 requirements met1? Activity / project Does the Use of Proceeds link to a is not eligible for
Slide 23: Use of Proceeds – Eligibility Criteria
Use of Proceeds – Eligibility Criteria Green Buildings Residential & Commercial Real Estate Contribution to UN SDGs Category: Financing or refinancing new or existing buildings EU Taxonomy ▪ (7.7.) Acquisition and ownership of buildings Contribution to EU Environmental Objective1 ▪ Substantial Contr
Slide 24: Use of Proceeds – Eligibility Criteria
Use of Proceeds – Eligibility Criteria Renewable Energy Solar & Wind Contribution to UN SDGs Category: Financing or refinancing of production of renewable energy EU Taxonomy ▪ (4.1.) Electricity generation using solar photovoltaic technology ▪ (4.3.) Electricity generation from wind power Contributi
Slide 25: Green Eligible Assets – Geographic Overview
Green Eligible Assets – Geographic Overview Green Buildings Renewable Energy Netherlands, Germany, Poland, Belgium Global Portfolio 25
Slide 26: Project selection and management of proceeds
Project selection and management of proceeds Projects financed and/or refinanced through Green Funding Instruments proceeds are evaluated and selected based on compliance with the Eligibility Criteria. The proceeds are managed under the portfolio approach, where applicable, the bond-by-bond approach
Slide 27: Project selection – Framework Governance
Project selection – Framework Governance In 2023 the ING Green Bond Committee has been replaced by the Sustainable ALM SteerCo. The Sustainable ALM SteerCo meets monthly and is the final approver and advisor of key topics relating to ING Global Green Funding Framework. Framework Governance Participa
Slide 28: External Verification
External Verification SPO Opinion on the ING Global Green Funding Framework ▪ ISS’s overall evaluation of the Green Funding Framework’s sustainability quality of the eligibility criteria by ING is positive ▪ ING Green Funding Framework is in line with the latest ICMA Green Bond Principles ▪ Use of P
Slide 29: External engagement & recognition
External engagement & recognition
Slide 30: External Recognition of ING's commitment to ESG
External Recognition of ING’s commitment to ESG ESG Ratings ING Groep N.V. Sustainability Index Products ING is regularly included in ESG and sustainability- focused indices, such as: ▪ Rating AA ▪ Updated: August 2024 CCC B BB BBB A AA AAA ▪ ESG Risk based, from negligible risk to severe risk ▪ Pos
Slide 31: Partnerships, memberships and endorsements
Partnerships, memberships and endorsements Engagement is an essential part of our Sustainability Direction. Our approach to engagement involves collaboration, listening and being transparent. ING endorses (is signatory of) ING is a member of, for example: ▪ Children’s Rights and Business Principles
Slide 32: do your thing
do your thing
Slide 33: Important legal information (1/2)
Important legal information (1/2) ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’). In preparing the financial information in this document, except as described otherwise, the same accounting princip
Slide 34: Important legal information (2/2)
Important legal information (2/2) This document may contain ESG-related material that has been prepared by ING on the basis of publicly available information, internally developed data and other third-party sources believed to be reliable. ING has not sought to independently verify information obtai