Belfius
Belfius Bank and Insurance, headquartered in Brussels, Belgium, is a prominent player in the financial services industry. Founded in 2011, the company emerged from the restructuring of Dexia and has since established itself as a key provider of banking and insurance solutions across Belgium. Belfius offers a diverse range of products, including retail banking, corporate banking, and insurance services, distinguished by their customer-centric approach and innovative digital solutions. The bank has achieved significant milestones, including a strong market position as one of Belgium's leading financial institutions, recognised for its commitment to sustainability and community support. With a focus on enhancing customer experience, Belfius continues to adapt to the evolving financial landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Belfius'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.
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.
Industry Benchmark
Belfius's score of 71 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Belfius's reported carbon emissions
In 2024, Belfius Bank SA reported total carbon emissions of approximately 165,000,000 kg CO2e, with emissions distributed across various scopes: 1, 2, and 3. Specifically, Scope 1 emissions amounted to about 1,873,000 kg CO2e, while Scope 2 emissions were approximately 1,545,000 kg CO2e. The majority of emissions, approximately 161,914,000 kg CO2e, were classified under Scope 3, which includes categories such as capital goods and downstream leased assets. Belfius has set ambitious reduction targets, aiming for a 20% decrease in its carbon footprint by 2025 compared to a 2019 baseline for both Scope 1 and Scope 2 emissions. Additionally, the bank aims to achieve a 25% reduction in its operational carbon footprint, which encompasses all three scopes, by the same year. These initiatives are part of a broader commitment to sustainability, including the goal of using 100% certified green electricity in all owned buildings by the end of 2025. The emissions data is cascaded from Belfius Bank SA, which operates as a current subsidiary. The bank's climate commitments reflect its dedication to reducing its environmental impact while aligning with industry standards for carbon management.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,620,300 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,867,300 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 00,000 | 0,000,000 |
| Scope 3 | 7,649,300 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Belfius 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.
