ING Group

ING Group is a Dutch banking group providing retail and wholesale banking services to individuals, businesses, and institutional clients. It was formed in 1991 through the merger of Nationale-Nederlanden and NMB Postbank. Its climate approach combines client engagement, sector-specific portfolio targets, and financing restrictions. For oil and gas, ING has committed to reducing upstream lending exposure to zero by 2040 and has separate emissions intensity targets for midstream and downstream activities. Its policies also restrict selected financing for new oil and gas fields and LNG export terminals.