Energy Management Articles
Blog posts tagged with "ING"
ING Phasing Out Financing Oil and Gas Loans
European bank ING announced it is phasing out the financing of upstream oil and gas activities by 2040 and aiming to triple new financing for renewable energy by 2025.
ING Increases Financing of Renewable Energy
ING announced it will increase new financing of renewable energy by 50% by year-end 2025, and no longer provide dedicated financing to new oil and gas fields.
Citi, Goldman Sachs and Others Join Collaboration to Decarbonize Steel
Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered and UniCredit are collaborating on developing a finance agreement that will support the decarbonization of the steel industry.
ING cuts emissions linked to power industry lending
ING announced Oct. 8 that it reduced its link to emissions from the power industry by reducing funding to coal-fired power plants by 22% in 2019 while increasing renewable energy financing.
