As part of our supply chain finance offering, the Sustainable Supply Chain programme provides benefits that are twofold: we improve the financial efficiency of a supply chain by reducing the working capital for both buyers and suppliers and we enable a company to proactively manage the sustainability levels of their suppliers by driving environmental and/or social improvements in exchange for financial benefits. And you, as our client, benefit from an improved sustainability rating, too.
Sustainable Supply Chain Finance
On the global stage, there is a clear need for sustainable business as regulatory and environmental challenges require businesses to act. Creating and improving sustainability within your supply chain can be particularly challenging. In direct response to an interest expressed by our clients, we have developed ING’s Sustainable Supply Chain Finance solution. This solution allows our clients to strengthen their supplier base and offers financial incentives in order for their suppliers to become more sustainable. Simply speaking, we link supply chain finance discount rates to suppliers’ sustainability scores.
- Sustainable operations carry financial benefits
- Supports your sustainability strategy transparently
- Proactively manages your supply chain
The Sustainable Supply Chain Finance programme works like this:
- You, as the buyer and our client, stimulate your suppliers to become more sustainable by involving ING in offering them better payment conditions than to less sustainable suppliers.
- Your suppliers provide evidence of their level of sustainability by applying for an environmental, social and governance (ESG) assessment.
- A pricing grid for suppliers in the supply chain finance programme can be linked to their ESG rating. The more sustainable your supplier is, the better conditions they enjoy within the Supply Chain Finance programme.
At ING, we believe that sustainable business is better business. That is why we actively support clients to take action in improving their sustainability levels through financing and rewarding their efforts to transition to a more sustainable business. Our Sustainable Supply Chain Finance programme is a tool which can be used to help you achieve your sustainability goals in an objective and transparent manner.
Why partner with us
Our purpose is to empower people to stay a step ahead in life and in business. So whatever your financial needs, whether you are looking to expand and want strategic advice, or just want to make your day-to-day banking more efficient, we are here to support your business ambitions.
- Serving corporate clients and financial institutions in over 35 countries.
- We pair local and global insight with sector knowledge with financial expertise.
- We are ranked as a leader in sustainability and we are included in the FTSE4Good Index.
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Euromoney
Best bank for sustainable finance in Central & Eastern Europe
2024 -
The Digital Banker
Highly acclaimed best wholesale bank for sustainable finance in Europe
2024 -
Global Finance
Best bank for cash management in Central & Eastern Europe and Western Europe
2024