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ING updates net zero assessment approach
23 September 2024ING has added the dairy and aluminium sectors to its Terra approach for steering companies in its lending portfolio to net zero by 2050, and highlighted the steel and residential real estate sectors as requiring further work.
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ING further restricts upstream oil & gas financing
20 September 2024ING has further tightened its restrictions on financing the oil and gas sector, although one NGO branded the development as being "of little value".
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'Too much expectation on financial institutions in transition to net zero', says UBS
19 January 2023Too much burden is placed on financial institutions in the transition to net zero, while NGOs are too quick to "give grief" to those who set transition targets, warned UBS.