Head of Sustainable Markets
By supporting our clients entering the green bond market and issuing green bonds in alignment with best practice, ING aims to accelerate the development of the market, demonstrate the financial viability of green investments and empower a low-carbon and self-reliant society.
Green bonds and social bonds are debt capital markets instruments (bond, Schuldschein, securitisation), of which the proceeds are used to finance green or social projects and defined in a green bond framework.
Green bonds are fixed income instruments which hold the distinctive feature of raising capital for projects with environmental benefits. Funds can be used to finance green projects such as renewable energy, energy efficiency, clean transportation, green buildings and sustainable water management, among others.
Investor support is crucial, given that trillions of dollars of sustainable investment are needed to help meet sustainable development targets. Green bond transactions expand our investor base and attract more green investors – those that have incorporated environmental, social and governance factors into their investment decision-making and ownership practices.
Benefits of a green bond issue:
Social bonds are fixed income instruments which hold the distinctive feature of raising capital for projects with positive social outcomes. Funds can be used to finance social projects such as providing access to essential services like health, education and financial services, affordable housing, and basic infrastructure like sanitation, transport, and clean drinking water.
ING has contributed to the creation of the ICMA Social Bonds Principles process guidelines released in 2017 to promote integrity in the development of the social bond market.
Please get in touch with the listed office to discuss any enquiries you may have.
Spotlight on sustainability in Asia Pacific
Making the leap to a more sustainable way of operating can deliver benefits to companies’ reputation, business plans and finances. Read and learn more about the advantages of embracing sustainability in our ‘Sustainability in Asia Pacific’ eBook #2.Download the eBook
ING and nine other European banks have closed a €700 million financing for Windpark Fryslân, a wind farm in the Netherlands’ biggest lake. Once completed, the project is expected to be the world’s largest lake wind farm.Read more
ING’s sustainability improvement capital call facility for Singapore-based Quadria Capital Management is the first in the world to link the interest rate of the private equity fund to the sustainability performance of its portfolios.Read more
A team of ING China and the Sustainable Finance APAC team have worked with the International Institute of Green Finance (IIGF), an influential think tank from China, to publish a report on sustainable finance in Asia. The report was launched in Beijing on 15 September.Read more
ING has introduced the world’s first sustainability improvement derivative (SID), a derivative with a credit spread that is linked to sustainability performance. The SID is being provided to SBM Offshore in connection with its US$1 billion, five-year revolving credit facility.Read more
Renewable energy is the next big thing powering Singapore and Asean, according to Erwin Maspolim, head of Utilities, Power & Renewables, Asia Pacific, ING.Read more
Sales of fully electric cars are growing rapidly, which in the long term will also lead to a larger supply of used electric cars. ING expects a quarter of the used car market to favour electric cars by 2025. Read the full report.More about Increase in residual value of electric cars boosted by greater range
ING has set up a green finance framework for ITOCHU Europe PLC, providing the first-ever green loan to a Japanese trading company.Read more
ING has added another 'first' to its growing portfolio of sustainable finance deals in the region by sealing the first green loan in ASEAN that is compliant with LMA/APLMA Green Loan Principles for a portfolio of rooftop solar projects.Read more
Asia Pacific is at the beginning of a journey that will increasingly see environmental, social and governance factors considered alongside economic drivers when decisions are made by governments, corporates and citizens.Read more
“Sustainability is ingrained in the way we do business at ING. We have been trying to engage our local clients in sustainable finance discussions for some years now. We are excited that these efforts are now finally bearing fruit and look forward to helping Philippine companies in their sustainability journey,” says Hans B. Sicat, country manager of ING Bank in Manila.Read more
ING’s global lead for water projects, Ambika Jindal, has been appointed to lead the Dutch government’s Valuing Water Initiative programme for the coming three years.Read more
ING introduces sustainable business loans for the broad group of non-listed companies. With these loans, the interest rate level increases or decreases with the achievement or not of sustainability criteria, which is assessed by the external rating agency EcoVadis.Read more
ING’s latest report ‘Technology, the climate saviour?’ suggests that technology could reduce energy-related CO2 emissions by 64% globally. This is close to the emissions reduction targets of 2050, but misses the Paris Agreement climate targets for 2030.Read more
BBVA, BNP Paribas, Standard Chartered and Société Générale today announced they have joined ING in committing to measure the climate alignment of their lending portfolios, with the aim of steering them towards the well-below two-degree goal of the Paris Agreement.Read more
ING this month began its second green bond transaction, launching a 12-year €1.5bn and seven-year €1.25bn green bond, just three years after unveiling its first green bond in what was then a fledgling market.Read more
Gecina, the largest European Office REIT, has signed with ING France a €150m Sustainability Improvement Loan, with its margin depending, among others, on its environmental, social and governance (ESG) performance measured by its GRESB rating. This is the first commercial real estate GRESB reflected into a sustainability performance-linked loan.Read more
With global water resources under ever-increasing stress, a new report from WWF, ING and BCG calls for urgent efforts by corporates, investors, governments and NGOs to deliver sustainable, bankable freshwater projects, which will help improve water security, create financial value and enhance the health of the world’s river basins.Read more
Helping clients aiming to solve today’s environmental challenges, ING Bank recently arranged the first 10-year local currency green bond issuance from Southeast Asia, denominated in Philippine peso, for Sindicatum Renewables.Read more
ING has acted as the joint green loan coordinator of the newly announced SGD 1.2 billion term loan to an indirect wholly-owned subsidiary of Frasers Property Limited. The net proceeds of this loan will be used to refinance existing loans relating to the development of Frasers Tower, a new 38-storey premium office and retail development.Read more
ING is making a multi-million euro investment in Black Bear, a circular company based in Nederweert, Limburg, which converts used car and truck tires into raw materials for new products.Read more
ING has acted as the Sustainability Coordinator of Olam International Limited’s USD 500m sustainability-linked revolving credit facility, which is linked to its sustainability programme.Read more
First State Investments’ acquisition of Enel’s wind power assets in Portugal faced a challenging deadline. But ING’s renewables expertise and local presence enabled First State to rapidly complete a $605 million financing that met all of its requirements.Read more
When Alpha Trains decided to refinance debt associated with the acquisition of 63 new energy efficient train cars, it was essential that they found a financing partner that understood sustainability, infrastructure financing, and cross-border transactions.Read more
Collective brings together funding partners ING Bank, Credit Suisse, FMO and the UNDP-UN Social Impact Fund to finance sustainability projects in Asia.Read more
New, innovative financial technology (fintech) can be the solution to improve lending to micro, small and medium-sized enterprises (MSMEs) in developing countries. ING’s Economics Department investigated the role of fintech in the MSME sector and the opportunities that fintech offers for tackling poverty.Read more