KBC Group NV, a prominent financial services provider headquartered in Belgium, has established itself as a leader in the banking and insurance sectors. Founded in 1998, KBC has evolved through strategic mergers and acquisitions, enhancing its presence across Central and Eastern Europe, particularly in countries like the Czech Republic and Hungary. The company offers a diverse range of products and services, including retail banking, asset management, and life and non-life insurance, distinguished by its customer-centric approach and innovative digital solutions. KBC Group's commitment to sustainability and responsible banking has solidified its market position, earning recognition for its robust financial performance and customer satisfaction. With a focus on integrating banking and insurance services, KBC continues to set benchmarks in the industry, making it a trusted partner for individuals and businesses alike.
How does KBC Group NV'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.
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.
KBC Group NV's score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, KBC Group NV reported total carbon emissions of approximately 47,000,000 kg CO2e globally. This includes Scope 1 emissions of about 40,717,000 kg CO2e, Scope 2 emissions of approximately 4,626,000 kg CO2e (market-based), and significant Scope 3 emissions, with business travel contributing about 4,506,000 kg CO2e and employee commuting accounting for around 16,794,000 kg CO2e. For the year 2023, KBC Group NV's emissions in Belgium were reported at approximately 25,901,000 kg CO2e for Scope 1 alone. The company has set ambitious climate commitments, aiming for an 80% reduction in greenhouse gas emissions by 2030 compared to a 2015 baseline. This target encompasses both Scope 1 and Scope 2 emissions, including commuter travel. KBC Group NV has also committed to achieving complete climate neutrality for its own operations by the end of 2021, offsetting any remaining emissions. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The company’s initiatives are supported by its sustainability reports, which detail progress and strategies for reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
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 |
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 Group NV 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.