Kbc Bank
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.
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
Kbc Bank's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kbc Bank's reported carbon emissions
In 2023, KBC Bank reported total carbon emissions of approximately 55,377,000 kg CO2e. This figure includes 29,047,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 3,995,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, amounted to about 22,336,000 kg CO2e. Comparatively, in 2022, KBC Bank's total emissions were about 55,417,000 kg CO2e, indicating a slight reduction in overall emissions year-on-year. The breakdown for 2022 included 33,257,000 kg CO2e in Scope 1, 3,484,000 kg CO2e in Scope 2, and 18,677,000 kg CO2e in Scope 3. KBC Bank has committed to near-term climate targets, although specific reduction targets have not been detailed. The bank is not currently committed to a net-zero target. Their climate commitments reflect an ongoing effort to address their carbon footprint within the financial sector, which is increasingly focused on sustainability and climate resilience.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 33,257,000 | 00,000,000 |
| Scope 2 | 3,484,000 | 0,000,000 |
| Scope 3 | 18,677,000 | 00,000,000 |
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.
Kbc Bank is committed to some 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.
