ING further sharpens coal policy to support transition to low-carbon economy
(WorldNews Netherlands)

12 December 2017 ING has decided to accelerate the reduction of our financing to coal power generation, reducing our exposure to close to zero by 2025. This sharpened coal-financing policy is part of our efforts to support the transition to a low-carbon economy and will come into effect immediately. `We realise that contributing to the Paris Agreement targets is also about making clear choices in what we`ll no longer finance, especially when there are good alternatives available,` said ING Vice Chairman Koos Timmermans. `We are taking this decisive step as part of our overall ambition to support the energy transition.` The sharpened...