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 47 is higher than 98% 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 globally. This figure includes 29,047,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 3,995,000 kg CO2e from Scope 2 emissions, related to energy consumption. Additionally, Scope 3 emissions accounted for about 22,336,000 kg CO2e, encompassing indirect emissions from the bank's value chain. KBC Bank has demonstrated a commitment to reducing its carbon footprint, although it has not set a net-zero target. The bank is actively engaged in near-term reduction initiatives, with a status of "Committed" to various reduction targets. However, specific numerical targets for emissions reductions have not been disclosed. In previous years, KBC Bank's emissions have shown a downward trend, with total emissions decreasing from approximately 92,520,960 kg CO2e in 2016 to 55,377,000 kg CO2e in 2023. This reduction reflects the bank's ongoing efforts to enhance sustainability practices within its operations and across its financial services. Overall, KBC Bank's climate commitments and emissions data highlight its proactive approach to addressing climate change, aligning with industry standards for transparency and accountability in carbon emissions reporting.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
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.
