Climate change poses multiple risks for banks [Yahoo! Finance]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: Yahoo! Finance
Non-governmental organisations regularly criticise banks for the glacial speed at which they are moving to take climate change into account. The latest was Reclaim Finance, which alongside several other NGOs took aim at European banks just days ahead of the COP 29 UN climate summit that begins on November 11 in Azerbaijan's capital Baku. - Financial risk - By continuing to finance fossil fuel projects, even as part of a transition to a green economy, banks are continuing to link their fates with the industry. In an October 2022 report, Finance Watch calculated that the world's 60 largest banks held approximately $1.35 trillion in fossil fuel assets on their books. There has been no major change since, according to the NGO's chief economist, Thierry Philipponnat. The problem is that "there is no scenario where in 50 years fossil fuels will have any value," he told AFP. Nations agreed at the COP28 climate summit in Dubai last year to transition away from fossil fuels. A
Show less
Read more
Impact Snapshot
Event Time:
ING
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ING alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ING alerts
High impacting ING Group, N.V. news events
Weekly update
A roundup of the hottest topics
ING
News
- Progress on share buyback programmeGlobeNewswire
- Botin's Costly Credit Suisse Hiring Spree Is Reshaping Santander [Yahoo! Finance]Yahoo! Finance
- Notification of transaction with associated person [Yahoo! Finance]Yahoo! Finance
- Progress on share buyback programmeGlobeNewswire
- Lorne Steinberg's Top Picks: Adobe,Becton, Dickinson and Co. and Techtronic Industries [BNN Bloomberg (Canada)]BNN Bloomberg
ING
Earnings
- 2/1/24 - Miss
ING
Sec Filings
- 11/19/24 - Form 6-K
- 11/12/24 - Form SC
- 11/12/24 - Form 6-K
- ING's page on the SEC website