Nature report

We believe that one of the biggest impacts we In line with ING’s purpose and our strategic priority to ‘put sustainability at the heart of what we do’, we can make as a bank to fight climate change is by aiming to steer our financing towards global ‘net zero by have the ambition to empower our clients to contribute to halting and reversing nature loss. [...] This showed Our efforts to steer the most carbon-intensive parts of our lending portfolio towards net-zero by 2050, called where and in which activities we might expect the greatest risks to nature as well as the likely opportunities our Terra approach, enable us to engage our clients on climate change and in that way we attempt to to empower clients to reverse nature loss. [...] In aligning our nature approach with our climate approach, we’ve identified three objectives that support Through our objective to manage nature risks and impacts we aim to contribute to the following targets our ambition to empower our clients to contribute to halting and reversing nature loss: from the Global Biodiversity Framework (GBF): • Manage nature-risks and impacts GBF target # Element of. [...] That’s why we aim to engage with and encourage our clients to reduce the pressures their ‘Nature-mainstreaming’ is the concept of ensuring that nature and biodiversity, and the associated risks activities put on nature, improve their management of nature-related dependencies, impacts, risks and and opportunities, are appropriately and adequately factored into policies and practices that are nature. [...] We also have the ambition to collaborate with external stakeholders to contribute to advancing knowledge, Through our objective to steer our portfolio and engage with clients to reverse nature loss we aim to standards and methodologies on nature.