'#BankTrack fully supports this lawsuit, and agrees with @milieudefensie that #ING’s climate policy is not consistent with the 1.5ºC target of the Paris Agreement' #Klimaatzaak https://www.banktrack.org/blog/adopting_a_phaseout_date_for_upstream_oil_and_gas_does_not_shield_ing_from_climate_lawsuits
An upstream oil and gas phase-out date does not shield ING from climate lawsuits

On December 20th, 2023, ING announced that by 2040, it will reduce to zero the financed emissions linked to its upstream oil and gas portfolio. According to the Dutch bank, “loans to upstream…

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