Tag #Ing

nrc.nl
🌐 85% Global Worthiness
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ING Faces Lawsuit Over Allegedly Misrepresented Fossil Fuel Financing

Milieudefensie, citing a SOMO report, alleges ING's financing of new oil and gas fields is significantly higher than reported, reaching \$26.4 billion versus ING's claimed \$2.5 billion, leading to an impending lawsuit.

Progress

48% Bias Score

Climate Action
nrc.nl
🌐 85% Global Worthiness
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ING Completes Sale of Russian Subsidiary for €400 Million Amidst Regulatory Hurdles

ING sold its Russian subsidiary to Global Development JSC for €400 million, incurring a €700 million loss, following its decision to leave Russia after the Ukraine invasion; the sale is subject to regulatory approvals in Russia and the West.

Progress

36% Bias Score

Peace, Justice, and Strong Institutions
nrc.nl
🌐 85% Global Worthiness
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Milieudefensie Strengthens ING Climate Lawsuit Following Shell Ruling

Milieudefensie is pursuing a revised climate lawsuit against ING, based on lessons learned from their case against Shell, demanding the bank comply with international climate agreements and reduce emissions from its clients in specific sectors, leveraging the International Energy Agency's reduction ...

Progress

44% Bias Score

Climate Action
nos.nl
🌐 65% Global Worthiness
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Extinction Rebellion Protest at Rijksmuseum Ends with Nine Activists Removed

Nine Extinction Rebellion activists were removed from Amsterdam's Rijksmuseum on November 17 after gluing themselves together to protest the museum's sponsorship by ING, described by XR as the Netherlands' largest fossil fuel financier; the protest, which included 200 demonstrators and children, con...

Progress

40% Bias Score

Climate Action
sueddeutsche.de
🌐 75% Global Worthiness
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German Housing Affordability Improves Slightly, but Challenges Persist

An ING survey reveals that despite rising wages, 22% of Germans find it difficult to pay housing costs, with renters (26%) more affected than homeowners (12%), reflecting Germany's low homeownership rate (48%) and concerns about future housing affordability.

Progress

32% Bias Score

nos.nl
🌐 85% Global Worthiness
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ING Reports Record Profit, Plans European Acquisitions Amidst Climate Lawsuit

ING, Netherlands' largest bank, reported a €6.4 billion 2024 profit fueled by increased lending and mobile banking, while exploring European acquisitions amidst a climate lawsuit and Russian market exit costing €400 million.

Progress

40% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Amsterdam Bans XR Protest on A10 Ring Road

Amsterdam banned an Extinction Rebellion protest planned for Saturday on the A10 ring road due to safety risks near the VUmc hospital, despite XR's intention to proceed with the demonstration against ING's fossil fuel investments; the municipality offered an alternative location.

Progress

48% Bias Score

Climate Action
nos.nl
🌐 65% Global Worthiness
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Extinction Rebellion Protest at Rijksmuseum Ends with Nine Arrests

Nine Extinction Rebellion activists were removed from Amsterdam's Rijksmuseum on December 21 after gluing themselves together to protest the museum's sponsorship by ING, described as the Netherlands' largest fossil fuel financier; the demonstration, involving 200 participants, was the third such pro...

Progress

36% Bias Score

Climate Action
cincodias.elpais.com
🌐 65% Global Worthiness
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ING Spain Seeks New CEO After Key Executive's Departure

Following Ignacio Juliá's move to Banco Santander on October 1st, 2024, ING Spain is conducting a CEO search, with Almudena Román serving as interim CEO; the process is expected to last into 2025 and includes internal and external candidates.

Progress

44% Bias Score

Decent Work and Economic Growth