LONDON: Dutch lender ING will stop financing oil and gas exploration and production by 2040 and triple new lending to renewable energy over the next two years as part of an updated climate strategy, the bank’s chief executive says. Investors and regulators are increasingly pushing banks to green their operations and many are looking to tighten lending criteria to companies in high-emission sectors unless they have a plan to transition to net zero. The Netherlands’ biggest lender had made its lat
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2023-12-21 00:00:00.0