When a bank validates an SBTi trajectory...
When a bank validates an SBTi trajectory...
Gegevens
- Nummer
- 2025/39
- Publicatiedatum
- 31 maart 2025
- Auteur
- Editorial staff
- Rubriek
- News
According to ESG Today media, the Dutch bank ING has become the first bank to validate an SBTi trajectory that includes targets for reducing the greenhouse gases emissions it finances (ING's scope 3 is closely linked to the financing of their customers' emission-generating activities).
The objectives are as follows:
stop financing pure-players in the oil & gas sector and new coal-fired power plants;
reduce emissions in carbon-intensive sectors such as aviation, real estate, steel and automotive.
It should be noted that many players in the banking sector are disengaging from SBTi and from sectoral initiatives aimed at making public climate commitments (such as the Net-Zero Banking Alliance).
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