ING moves to further restrict oil and gas financing

Stuart Stone
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Dutch banking giant to stop providing finance for new oil and gas field developers and could drop clients that fail to deliver credible net zero plans

European banking giant ING has today set out new measures to further restrict financing for oil and gas companies from 2026, signalling it could drop clients that fail to adequately address their carbon...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Report: UK's carbon credit economy worth £1.2bn a year

UN: Extreme heat presenting growing threat to agrifood systems

More on Investment

Report: UK's carbon credit economy worth £1.2bn a year
Investment

Report: UK's carbon credit economy worth £1.2bn a year

City of London claims UK 'well-positioned' to be the home of burgeoning global carbon market, but warns its leading position is 'not guaranteed'

Stuart Stone
Stuart Stone
clock 23 April 2026 • 4 min read
Schroders' Madeleine Cobb: 'You won't get people to move with you if you don't understand their perspective'
Investment

Schroders' Madeleine Cobb: 'You won't get people to move with you if you don't understand their perspective'

Madeleine Cobb reflects on the daily 'pick-and-mix' of working in sustainability and how she can't remember a year where the plan set in January was the one delivered

Stuart Stone
Stuart Stone
clock 21 April 2026 • 6 min read
One third of UK investors prioritise sustainability over returns
Investment

One third of UK investors prioritise sustainability over returns

New survey from Rathbones suggests younger and wealthier investors are more likely to be willing to forego higher returns in pursuit of stronger sustainability performance

Linus Uhlig, Investment Week
clock 20 April 2026 • 1 min read