Ing Groep N.v. · EURONEXT:INGA
Ing Groep — Debt Investor Presentation (August 2022)
22 slides from Ing Groep's debt investor presentation, August 2022
Slide 1: Green Bond Investor Presentation
Green Bond Investor Presentation ING Group Treasury August 2022
Slide 2: Content
Content 1. ING’s Sustainability Strategy ING’s sustainability performance 3-6 Integrated climate approach 7 Terra Approach 8-9 Advising and financing our clients 10 ING’s sustainability track record 11 2. ING Group Green Bond Framework ING Green Bond Issuance 13 ING Green Bond Framework 14 Use of Pr
Slide 3: ING Sustainability Strategy
ING Sustainability Strategy
Slide 4: Sustainability has been on ING's agenda for decades
Sustainability has been on ING’s agenda for decades Sustainability topics have been important for many years at ING Introduction of First First Launch of Start of ING issues its Sustainability ING issues Terra Sustainability Creation of Sustainability Became Sustainable first Green Improvement its s
Slide 5: Non-financial performance highlights 2021
Non-financial performance highlights 2021 * 1. Subject to reasonable assurance by KPMG. See ‘Assurance report of the independent auditor’ in the Annual Report 2021. 2. For a description of ING’s Climate Finance and Social Impact Finance, see www.ing.com/Sustainability/Sustainable-business/How-we-mea
Slide 6: Putting sustainability at the heart of what we do
Putting sustainability at the heart of what we do We put our financing to work as we strive to build a sustainable future for our company, our customers, society and the environment. Aligning economic growth with positive environmental and social impact 6
Slide 7: Our integrated climate approach
Our integrated climate approach 7
Slide 8: Terra's key principles
Terra’s key principles ▪ Steer our loan book towards net-zero by 2050 or sooner and contribute to keeping global warming within 1.5 degrees compared to preindustrial levels. Impact-Based Science-Based Engagement-Driven ▪ Toolbox approach ▪ Engagement with current clients to ▪ Apply the best-fit meth
Slide 9: Terra: Climate Alignment Dashboard
Terra: Climate Alignment Dashboard ** * Progress measured for 2020 as published in our 2021 ING Climate Report. Terra focuses on the most climate-relevant sectors, measured by global carbon footprint (sectors globally responsible for approximately a combined 75% of total emissions). Within each sect
Slide 10: Advising and financing our clients
Advising and financing our clients ▪ ING continues to fund companies and sectors that are helping the transition to a low-carbon economy. This includes funding projects that advance renewable energy, the circular economy and help combat climate change. We support these clients though our climate fin
Slide 11: ING has a strong Sustainability track record
ING has a strong Sustainability track record Sustainability Ratings ING Groep N.V. ▪ Evaluation: Management of ESG material ▪ Rating: AA ▪ ESG evaluation: Strong risk is ‘Strong’ ▪ Affirmed: December 2021 ▪ Score: 83/100 ▪ Position: 17th percentile of ▪ Updated: January 2021 398 banks ▪ Updated: Sep
Slide 12: ING Group Green Bond Framework
ING Group Green Bond Framework
Slide 13: ING Green Bond issuance
ING Green Bond issuance Green Bond issuance objectives External consultants & providers ▪ Support meeting our sustainability objectives ▪ Second party opinion provider ▪ Fund growth in our green asset portfolio ▪ Continued leadership in the Green Bond market ▪ Green buildings consultant ▪ Developmen
Slide 14: ING Green Bond Framework
ING Green Bond Framework ▪ We’ve updated our Green Bond Framework to meet higher standards on transparency and disclosure. This strengthens our sustainable debt strategy and contributes to a diversified investor base. The framework is now aligned with the ICMA Green Bond Principles 2021 and where po
Slide 15: Use of Proceeds
Use of Proceeds ICMA GBP Contribution to Contribution to EU Environmental categories Eligibility criteria UN SDGs objectives and economic activity¹ Renewable Financing or refinancing of production of renewable energy: Substantial contribution to Climate Change Energy ▪ Solar energy Mitigation (Artic
Slide 16: Project evaluation and management of proceeds
Project evaluation and management of proceeds ▪ Projects financed and/or refinanced through Green Bond proceeds are evaluated and selected based on compliance with the Eligibility Criteria Compliance with the Eligibility Criteria Management of proceeds ▪ EU Taxonomy Regulation ▪ The proceeds from Gr
Slide 17: Allocation and impact report: Green buildings
Allocation and impact report: Green buildings ▪ The assets in the ING green building portfolio have energy label A, and belong to the top 15% of the most energy efficient of Dutch real estate market. Use of Proceeds: green commercial buildings Impact report: green commercial buildings Comparison of
Slide 18: Allocation and impact report: renewable energy (Global)
Allocation and impact report: renewable energy (Global) Use of Proceeds: renewable energy* Impact report: renewable energy (Global)* Number of Projects by Technology Number of Projects by Country Total portfolio (share ING) €4.968 bln Avoided emissions solar + wind 3,474,656 ton CO2eq Avoided emissi
Slide 19: Second party opinion
Second party opinion EU Taxonomy Alignment Assessment Principles Alignment Alignment with Green Bond Principles Opinion ▪ As part of the Second Party 1. Use of Proceeds Opinion, ING commissioned ISS ESG 2. Process for Project Evaluation and (the Second Party Opinion provider) Selection Positive to a
Slide 20: ING Green Eligible Assets - EU Taxonomy Alignment Summary
ING Green Eligible Assets - EU Taxonomy Alignment Summary ING Green Bonds % Alignment with EU Taxonomy Based on Assessment by ING Group 92.6% aligned (€23.8bn / 25.7bn total Green Eligible Assets) 3) Eligible portfolio % aligned ING Diba 100% aligned (€3.2bn / 3.2bn total Green Eligible Assets) 3) E
Slide 21: Disclaimer
Disclaimer This document is intended to provide non-exhaustive, general information. This document may contain or incorporate by reference public information not separately reviewed, approved or endorsed by ING and accordingly, no representation, warranty or undertaking, express or implied, is made
Slide 22: do your thing
do your thing