Commercial, Energy Efficiency, GHG Emissions  -  March 26, 2025

ING’s Targets Validated by SBTi

Amsterdam-based bank ING announced the Science Based Targets initiative (SBTi) validated its climate targets to lower GHG emissions in its own operations and its client portfolio.

In ING's client portfolio, the SBTi validated  fossil fuel, power generation, cement, steel, automotive, aviation and commercial real estate sector targets.

The SBTi validated ING’s target against its Financial Institutions Near-term Criteria, which is a global framework for financial institutions’ near-term target-setting in line with climate science.

“Having our climate targets validated by the SBTi demonstrates that they are science-based and robust,” said Anne-Sophie Castelnau, global head of sustainability at ING, in a statement. “We will continue to engage with clients and support them in driving down emissions, keep building up the financing of new technologies and sustainable systems of the future, and find ways to include everyone and enable them to play their part in the transition."

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