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# ING Group Upgrades to Global Green Funding Framework, Aligning with ICMA Principles
- URL: https://www.theglobalbanker.com/ing-group-global-green-funding-framework-icma-alignment-2024/
- Published: 2024-09-25T06:00:00.000Z
- Updated: 2026-10-02T14:38:57.000Z
- Description: ING Group has replaced its Green Bond Framework with a new Global Green Funding Framework in 2024, aligning with ICMA's Green Bond Principles and, on a best-efforts basis, the EU Taxonomy.
- Author: TGB Editorial Team
- Tags: ESG, Europe, #archive

ING Group has updated its approach to sustainable debt issuance by launching the Global Green Funding Framework in 2024, superseding the Green Bond Framework the Dutch bank first published in 2015 and most recently revised in 2022\. 

The framework has been confirmed as aligned with the International Capital Market Association's latest edition of the Green Bond Principles and with the European Union Taxonomy for Sustainable Activities, the EU's classification system for determining which economic activities qualify as environmentally sustainable. ISS-Corporate provided a Second-Party Opinion confirming the framework's alignment with the Green Bond Principles and finding its eligibility criteria largely aligned with the EU Taxonomy Climate Delegated Act, assessed on a best-efforts basis.

#### ELIGIBLE CATEGORIES AND IMPACT APPROACH

The Global Green Funding Framework designates green buildings and renewable energy as the primary eligible asset categories for proceeds raised under ING's green funding instruments. 

ING's methodology for reporting environmental impact uses property energy performance certificate data to assess the outcomes of green building-linked investments and applies renewable energy capacity metrics — including installed generation capacity and associated greenhouse gas reductions per year — to measure the results of clean energy project finance allocations. 

ING has committed to reach net-zero emissions across its lending and investment portfolio by 2050.