ING News

Luxembourg, 03/03/2020

The ING Aria-Sustainable Bonds Fund awarded "Towards Sustainability" label!

After having obtained the LuxFlag label in September 2019, our fund “ING ARIA -SUSTAINABLE BONDS” gets another award! Directly invested in a selection of green, social and sustainable bonds from the best issuers in terms of ESG practices, it has just been awarded the "Towards Sustainability" label developed at the initiative of "FEBELFIN”, the Belgian Federation of the Financial Sector.

The Belgian sustainability label is one of the strictest in Europe. It combines three requirements: transparency, ESG analysis (environmental, social and governance) on all the portfolios and all the exclusions with low threshold. This label is a guarantee for investors that they are investing in companies with a well-defined and transparent sustainability strategy.

As a signatory to the Principles for Responsible Investment, the ING group is firmly intent on positioning itself as a player in the sphere of sustainable investment products. The ING ARIA Sustainable Bonds fund fits 100% into this approach. "We are very pleased to have obtained this label for our fund after a rigorous selection process. Its requirements are fully in line with our responsible investment approach and our desire to redirect investments towards projects and products with visible environmental and social benefits," says Gaëtan Salerno, Portfolio Manager at ING Luxembourg.

ING profile

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
Place de la Gare, 26
L-1616 Luxembourg
T: + 352 44 99 1 – E: pressoffice@ing.lu