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Netherlands $60 Billion ING Bank Receives Lawsuit by Climate Action Group Milieudefensie (Friends of the Earth Netherlands) to Reduce Carbon Emissions, Reduce or Stop Financing to Polluting Sectors Including Steel, Cement, New Oil & Gas Projects & Requires All Large Companies with ING Bank Loans to Provide Credible Climate Plan
30th March 2025 | Hong Kong
Netherlands ING Bank ($60 billion market value) has received a lawsuit by climate action group Milieudefensie (Friends of the Earth Netherlands) to reduce carbon emissions, reduce or stop financing to polluting sectors including steel, cement, new oil & gas projects & requires all large companies with ING bank loans to provide credible climate plan. ING Bank: “On 28 March Milieudefensie (Friends of the Earth Netherlands) formally started a court case against ING regarding our climate action approach. This follows a long period of dialogue and correspondence. We are confident in our approach to climate action. We will not let a lengthy legal process distract us from taking the actions we need to take to tackle the climate challenge. Our focus continues to be on working with our clients to help them transition and be future-proof.”
“ Netherlands $60 Billion ING Bank Receives Lawsuit by Climate Action Group Milieudefensie (Friends of the Earth Netherlands) to Reduce Carbon Emissions, Reduce or Stop Financing to Polluting Sectors Including Steel, Cement, New Oil & Gas Projects & Requires All Large Companies with ING Bank Loans to Provide Credible Climate Plan “
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Netherlands $60 Billion ING Bank Receives Lawsuit by Climate Action Group Milieudefensie (Friends of the Earth Netherlands) to Reduce Carbon Emissions, Reduce or Stop Financing to Polluting Sectors Including Steel, Cement, New Oil & Gas Projects & Requires All Large Companies with ING Bank Loans to Provide Credible Climate Plan
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