Does sponsoring Formula One racing conflict with ING’s environmental policy?
We fully understand the concerns some people have about the potential harm to the environment caused by the CO2 emissions related to F1. Our F1 sponsorship is above all a marketing decision, designed to expand our brand reach internationally. Still, we have carefully looked at the corporate responsibility issues of F1. A fact that we deemed important in that respect is that the global sanctioning body responsible for international motor racing (FIA) has been offsetting the emissions caused by F1 races since 1997. If there are any leftover emissions not covered by the FIA programme, we will expand our existing compensation programs.
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