April 2011 | Rebecca Ellinor
ING Group has this week published a report detailing how it hopes to become a leader in
green procurement among financial institutions.
its 2010 corporate social responsibility(CSR) report
the company outlined its achievements over the past 12 months and its ambitions
for 2011 and beyond.
Last year ING, which has been carbon neutral since 2007, exceeded its own goal
to ensure more than a quarter of business units had set targets in relation to paper
waste, electricity usage and business travel – 33 per cent have now done so. It
also developed a programme to stimulate sustainable enterprise by setting up
workshops and roundtable discussions for entrepreneurs.
addition to these goals it reported buying one per cent more green electricity
than in 2009 – 62 per cent of the electricity it purchases now comes from renewable sources.
Bank and ING Insurance/Investment Management signed a sustainable procurement
manifesto committing to include environmental and social criteria in all
As reported by SM, this involved ING drawing up of an agreement with CPOs at 15 other
multinationals, including Philips, KLM and Heineken. Signed in December, the commitment means ING will notify
suppliers that environmental and social criteria is part of purchasing
decisions and challenge current and potential suppliers to come up with greener
alternatives and innovations.
Pien Oosterman, domain manager of
professional services, global procurement at ING Bank, said in the report: “I believe this manifesto
will have a positive impact at ING. Not only will we reduce our environmental
footprint and increase our positive social impact, but we’ll also engage
employees and give them the satisfaction of knowing what they use at the office
is as environmentally and socially friendly as possible.”
forward, ING said it plans to develop environmental and social criteria
to: assess products and services in more than 22 procurement categories; decrease
carbon dioxideemissions by 30 per cent compared to 2007;
minimise its environmental footprint; and develop plans suited to each country
to further reduce the use of paper.
company achieved carbon neutrality by minimising its carbon footprint, investing in
renewable energy and better procurement.