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Public Profile
Financial Intermediation
BE
updated 5 months ago

Kbc Bank

Company website

KBC Bank, officially known as KBC Group NV, is a prominent financial institution headquartered in Brussels, Belgium. Established in 1998, KBC has evolved into a leading player in the banking and insurance sectors, primarily serving customers in Belgium and Central and Eastern Europe. The bank offers a comprehensive range of services, including retail banking, asset management, and insurance solutions, distinguished by its customer-centric approach and innovative digital offerings. With a strong market position, KBC Bank has garnered recognition for its commitment to sustainability and community engagement. The bank's unique blend of traditional banking services and modern technology has positioned it as a trusted partner for individuals and businesses alike. Notable achievements include its consistent ranking among the top banks in Belgium, reflecting its robust financial performance and customer loyalty.

DitchCarbon Score

How does Kbc Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

44

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Kbc Bank's score of 44 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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Kbc Bank's reported carbon emissions

Inherited from KBC Group NV

KBC Bank, headquartered in Belgium, currently does not report any specific carbon emissions data for the latest year, as indicated by the absence of emissions figures. The bank's climate commitments include a near-term target status of "Committed," although it has no net-zero commitment or long-term targets in place. KBC Bank's climate initiatives are influenced by its parent company, KBC Group NV, from which it inherits certain sustainability strategies. The bank's commitment to reducing its carbon footprint is part of a broader industry trend among financial institutions to address climate change, although specific reduction targets have not been detailed. As of January 2023, KBC Bank's near-term target status reflects an ongoing commitment to sustainability, but it is important to note that previous commitments have expired. The bank operates within the banking and diverse financials sector, and its climate strategy is aligned with the growing emphasis on environmental responsibility in the financial industry. Overall, while KBC Bank has made strides in acknowledging its climate responsibilities, the lack of specific emissions data and concrete reduction targets highlights the need for further transparency and action in its sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620172018201920202021202220232024
Scope 1
76,054,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
61,662,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
33,019,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kbc Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Kbc Bank is in BE, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Kbc Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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