CSR Program Directory
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ING Business in Burma, a CSR Program by ING Group
"In 1997, ING closed its Burma Representative Office. Since then, we are no longer present in this country, nor do we conduct business or finance projects in Burma.
Recently, pressure groups asked ING to broaden its existing policy with regard to Burma. ING was requested to convince companies doing business in Burma to stop their activities in this country. If the companies involved chose to continue their activities in Burma, ING was asked to divest its shares in these organizations or to stop financial dealings with these companies.
After thoughtful consideration, ING considers the requested addition to the current policy not feasible. In the international business environment there are hundreds of companies with some form of relationship with Burma, many of which are large international conglomerates. ING is not able to exclude such an extensive group of companies from its business portfolio."
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Reference
ING Group (2008). ING Business in Burma. Retrieved November 14th, 2008 from http://www.ing.com/group/showdoc.jsp?docid=151985_EN&menopt=ins|dil#P12_2127
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