ING's commitment: working for the common good
At ING Luxembourg, we want to actively participate in society, to help everyone stay a step ahead in life and business. That’s why we support innovative projects that address real social and environmental needs.
The first months of 2019 were once again marked by a large number of events sponsored or organised by ING that go well beyond its core business. Here are some of these initiatives in the areas of health, youth, the environment and well-being at work.
ING has a long-standing commitment to cancer associations. This year again, ING Luxembourg participated in the Cancer Foundation’s Relais pour la Vie. In order to support people with cancer, 59 participants divided into two ING teams run a 25 hour Relay Race on the weekend of 23 and 24 March.
Along the same lines, two ING teams also participated in the first Immorun, supporting the Kriibskrank Kanner Foundation, which helps families of children with cancer.
ING Luxembourg's headquarters lighted in blue: this is how ING marked Autism Awareness Day on 2 April 2019! Many ING employees also wore blue that day, as a show of support.
In June, more than 110 ING participants ran or walked for UNICEF during the Run for Youth (24 hours in Wiltz). Thanks to them, €2564 were donated to UNICEF in support of our joint Power for Youth programme.
If a bank is well positioned for one thing, it is to provide young people with financial literacy skills. In January, during a “Lunch and Learn Event” at ING, the Jonk Entrepreneuren introduced the role of coach for the Fit for Life programme. The coach’s goal is to raise young students' awareness of finances and budget management. About fifteen employees embraced the role.
ING also promoted entrepreneurship with the Jonk Entrepreneuren by welcoming 55 students during the Innovation Camp on 27 February. The participants had to take up a challenge: creating an imaginary start-up to tackle an environmental issue. And all in one single day! The ten teams brilliantly presented their projects to the public and the jury, made up of both ING staff and sustainable development and innovation professionals.
In another project, four ING Luxembourg volunteers went out to teach 56 children from different primary schools the basic rules of responsible money management. This Money Week - D'Woch vun den Suen is an initiative organised annually by the ABBL with the support of the Chamber of Commerce.
ING Luxembourg's environmental commitment also takes on much more concrete aspects. In September 2018, our CEO Colette Dierick signed the Zero Single Use Plastic manifesto and following this, in March 2019 all plastic cups and the vast majority of single-use plastic containers were removed from our headquarters. This initiative was welcomed at the Sustainability Forum organised by IMS Luxembourg.
In the same vein, the bank was able to donate 83 iPhones and €12,000 to purchase laptops for the Digital Inclusion association, winner of the Coup de Pouce category of the ING Solidarity Awards. This association facilitates access to new technologies for people in need.
In October, employees were also able to participate in "The Blue Connection", a simulation game focusing on circular economy. The Ministre de l’Aménagement du territoire et de l’Energie, Claude Turmes, was present for the launch.
Well-being at work
Fitness, yoga, badminton games, mindfulness, sophrology or football: since February, the WellBe@ING program has enabled employees to work out or take relaxing break at their workplace. The employees' financial contributions are entirely donated to our partner UNICEF. (1165 € for the first semester).
ING also gives its employees the opportunity to subscribe to the bike service Vel'Oh: a good way to do something for the environment and for their health!
Throughout the summer, the Health Summer took place at ING Luxembourg's headquarters. The goal was for our athletic employees to share their passions and know-how with their colleagues.
ING Luxembourg was one of the three finalists at this year's Diversity Awards - category Environment and well-being at work, thanks to the "Key stages of Life" programme. This ceremony takes place every two years and rewards the best practices in diversity management in Luxembourg.
And soon to come: the Solidarity Awards!
And of course, let's not forget to mention a highly anticipated event that will take place on 21 November: the ING Solidarity Awards! The ceremony, which will take place at ING Luxembourg's headquarters, rewards a large number of Luxembourg associations’ projects with prizes ranging from €1,000 to €4,000.
Operating in the Grand Duchy of Luxembourg since 1960, ING is a universal and accessible bank with well-developed and user-friendly digital channels, appreciated by our retail, private and wholesale banking customer base, as well as a more personal contact through our network of branches. With over 100,000 customers, ING is one of Luxembourg’s top 5 banks and one of the country’s top 10 brands (source: 2018 KPMG Luxembourg Customer Experience Excellence Report).
Our aim is to empower people to stay a step ahead in life and in business. We believe the role of a financial institution is to support and promote economic, social and environmental progress at the same time as it generates healthy returns for shareholders.
Always at the cutting edge as regards digitisation, we were the first high-street bank to launch an online account in Luxembourg. With over 800 employees in the Grand Duchy (700 of whom are at our head office: ING Lux House) and thanks to the combination of our local presence and the strength of a robust multinational like ING, we offer our personal and business customers a wide range of solutions through the channel of their choice.
We actively contribute to the growth of the local economy, as demonstrated by the significant rise (+16%) in lending volumes during 2017. Our mortgage portfolio continued growing in 2017 (+15%), breaking the EUR 2 billion barrier for the first time. On both sides of our balance sheet, we posted double-digit growth (+18%) in 2017, reaching EUR 18.5 billion.
For more information, please contact:
ING LU Press Office
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