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Going Greener Can Get You Cheaper Loans at This Dutch Bank

  • Sustainability-linked loans can reduce cost of capital by 10%
  • ING closed 15 deals including 1 billion-euro loan to Philips
ING Groep NV's headquarter building complex in Amsterdam.
Photographer: Jasper Juinen/Bloomberg
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Going green is more than just a question of morality at ING Groep NV. It can also result in cheaper funds.

The Dutch bank writes sustainability-linked loans that typically knock off between 5 percent and 10 percent of the cost of capital if the borrower reduces its impact on the environment, according to Leonie Schreve, global head of sustainable finance at ING in Amsterdam.