ING transformed its Corporate Social Responsibility (CSR) department, founded in 2012, into a Sustainability department to facilitate the transition to a green economy and the development of partnerships with civil society. Over the 10 years in which the CSR department was active, together with its NGO partners, ING invested over €8 million in community, social and financial health projects.
The new ING Sustainability department also comes with a board of 11 experts from different business areas in the bank. The Sustainability Board will work directly with partners from non-governmental organisations and aims to increase the involvement of the whole organisation in projects for a sustainable future.
Alexandra Maier, Sustainability Manager, will coordinate the work of the board as well as projects in ING’s two main strategic directions: environmental protection and financial health.
“Our concern to transform ING into a bank for sustainability started a decade ago. So the official move to a dedicated department is not just a name change, but marks an important milestone we have reached and the start of a new path with ambitious sustainability goals. We already have a solid foundation, demonstrated by green financing in the Wholesale Banking segment, the constant launch of green initiatives for employees and customers, as well as various projects that mitigate the bank’s carbon footprint. The new structure comes in an organic way, having developed an internal framework so that more and more colleagues can incorporate sustainability principles into their daily work. Ultimately, this is how we want to build a healthy economy, with care for the environment and our customers”, explained Alexandra Maier, Sustainability Manager ING Bank Romania.
Locally and globally, ING has become one of the most appreciated socially engaged companies. According to the ranking conducted by the research company Corporate Knights in January 2022, ING ranks 61st in the top 100 most sustainable corporations in the world, out of almost 7000 analysed.