Public Profile

Crelan

Crelan, officially known as Crelan SA, is a prominent Belgian cooperative bank headquartered in Brussels, Belgium. Established in 2013 through the merger of several regional banks, Crelan has quickly positioned itself as a key player in the financial services industry, primarily serving the retail and agricultural sectors across Belgium. Crelan offers a diverse range of products and services, including savings accounts, loans, and insurance solutions, all tailored to meet the unique needs of its customers. What sets Crelan apart is its commitment to cooperative values, ensuring that customer interests are at the forefront of its operations. With a strong market presence and a focus on sustainable banking practices, Crelan has achieved notable recognition within the industry, reinforcing its reputation as a trusted financial partner for individuals and businesses alike.

DitchCarbon Score

How does Crelan'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.

9

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.

13

Industry Benchmark

Crelan's score of 9 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

Crelan's reported carbon emissions

In 2023, Crelan reported significant carbon emissions, with approximately 1,300,000,000 kg CO2e attributed to Scope 3 emissions from investments. This figure highlights the substantial impact of their investment portfolio on overall carbon output. Currently, Crelan has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for further action in aligning with industry standards for sustainability and emissions reduction. Crelan's emissions data underscores the importance of addressing Scope 3 emissions, which often represent the largest share of a company's total greenhouse gas emissions. As the financial sector increasingly focuses on climate responsibility, Crelan's future commitments and strategies will be crucial in mitigating their environmental impact.

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2023
Scope 1
-
Scope 2
-
Scope 3
1,300,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Crelan'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. Crelan is headquartered in BE, which has a rank of very low, indicating very low grid carbon 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.

Crelan is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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