ING releases 2024 Annual Report on Form 20-F
ING has released its 2024 Annual Report on Form 20-F as of 31 December 2024 to the United States Securities and Exchange Commission (SEC). This report is now accessible on the ING website and can be obtained from the SEC website on the same day. ING shareholders or ADR holders can request a physical copy of the audited financial statements at no cost through www.ing.com/Investor-relations/Financial-performance/Annual-reports.htm.
As a leading global financial institution with a significant European presence, ING provides banking services via its operational arm, ING Bank. The primary goal of ING Bank is to empower individuals to be ahead in their personal and professional lives. With a workforce exceeding 60,000 employees, ING Bank delivers retail and wholesale banking solutions to customers across more than 100 countries. The shares of ING Group are listed on various stock exchanges, including Amsterdam (INGA NA, INGA.AS), Brussels, and the New York Stock Exchange (ADRs: ING US, ING.N).
ING is committed to integrating sustainability into its core operations. Independent research and ratings agencies assess our policies and actions on an annual basis. For instance, MSCI reaffirmed ING’s ESG rating as ‘AA’ in August 2024, marking the fifth consecutive year. Furthermore, Sustainalytics recognized ING’s management of ESG material risk as ‘Strong’ as of December 2023. With an ESG Risk Rating of 17.2 (Low Risk), ING Group shares are featured in prominent sustainability and ESG index products from Euronext, STOXX, Morningstar, and FTSE Russell. The transition to a low-carbon economy is prominent in society, with ING aligning its activities to support this shift. While ING finances numerous sustainable ventures, we also fund projects that are not considered environmentally friendly. To monitor our progress, visit ing.com/climate.
It is important to note that certain elements of this press release contain details about ING Groep N.V. and/or ING Bank N.V. as per EU Regulation No 596/2014 (‘Market Abuse Regulation’). The annual accounts of ING Group are prepared in compliance with International Financial Reporting Standards adopted by the European Union (‘IFRS-EU’). The financial information in this document follows the same accounting principles as the 2024 ING Group consolidated annual accounts unless specified otherwise. All figures in this release are unaudited, with minor discrepancies possible due to rounding.
Numerous risk factors may influence actual outcomes, performance, or events that differ from forward-looking statements made in this document. These risks include changes in economic conditions, interest rates, market performance, geopolitical uncertainties, legal and regulatory challenges, cybersecurity threats, and operational risks. It is crucial for stakeholders to review these potential risks while evaluating the information disclosed in this press release.
