Your company is intrinsically motivated to becoming a more sustainable organisation by defining an ambitious sustainability strategy and by improving your external sustainability rating. At ING, we are here to help you integrate sustainability into your business. To help you achieve your sustainability goals, we have created sustainability-linked loans, linking financing to your efforts to protect the planet and its people.
Sustainability-linked loans incentivise companies’ sustainability performance by linking the interest margin to the improvement of the companies’ ESG score or to the improvement on tailored sustainability KPIs. Since the launch of our first loan to Philips in April 2017, we have provided sustainability-linked loans to a number of other companies across various sectors and regions. These loans can be used for general corporate purposes. Read more about the success of sustainability-linked loans.
To you as our client, we provide a number of advisory services. We can advise you on the benefits of an environmental, social and governance (ESG) rating, and which rating is the most appropriate for your company. We can advise you on transitioning towards becoming more sustainable and how to work towards improving your ESG rating. Since an ESG rating is a key parameter for your stakeholders and is internationally recognised, it can be an important tool in many areas beyond the financial benefits included in the loan. We are committed to playing a major role in supporting sustainable development, socially-responsible behaviour and policies through financing. Sustainability-linked loans were created specifically for the purpose of helping our clients improve their sustainability and ESG rating.
In addition to an ESG rating-linked sustainability improvement loan, your company can also choose to link its margin to specific sustainability-related performance indicators. In close dialogue with you, we will formulate three to five quantitative KPIs and agree on future targets to be achieved during the lifetime of the loan.
To be effective, we believe the sustainability targets linked to financing must be ambitious, industry-wide, based on best efforts, and wherever possible verified by a reputable, independent party. This will protect the credibility of the market and make sure companies tackle the most difficult and urgent issues first. If the ambition levels are too low, sustainability-linked products will not have the impact they’re designed for.
We believe sustainability is not something you do alone. Everyone has to be on board to make sure the sustainability-linked finance market is directed towards creating the big impact for which this product is designed. As founding father of the sustainability-linked loans, ING has published a paper outlining our stance on sustainability-linked finance. Read here why we feel so strongly about protecting the integrity of this fast-growing market.
We believe in sustainability
We approach every financing opportunity through a ‘sustainable lens’ – almost all projects can have a sustainability component, whether that entails implementing more alternative energy sources, recycling waste or developing green buildings and/or infrastructure. We also believe sustainability practices have evolved from being predominantly cost-cutting projects to tangible, revenue-driving strategies.
Our own operations have been climate-neutral for over a decade, and we are happy to partner with you so that you can achieve your own similar goals.
Why partner with us
Our purpose is to empower people to stay a step ahead in life and in business. So whatever your financial needs, whether you are looking to expand and want strategic advice, or just want to make your day-to-day banking more efficient, we are here to support your business ambitions.
- Serving corporate clients and financial institutions in over 35 countries.
- We pair local and global insight with sector knowledge with financial expertise.
- We are ranked as a leader in sustainability and we are included in the FTSE4Good Index.
Outstanding Leadership in Sustainable Bonds & Sustainable Loans Western Europe2021
Most impressive investment bank for financial institutions2021
Most innovative bank in Western Europe2020