KBC Group NV
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.
DitchCarbon Score
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.
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 Group NV's score of 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
KBC Group NV's reported carbon emissions
In 2023, KBC Group NV reported total carbon emissions of approximately 55,377,000 kg CO2e, with emissions distributed across various scopes: 29,047,000 kg CO2e from Scope 1, 3,995,000 kg CO2e from Scope 2, and 22,336,000 kg CO2e from Scope 3. This reflects a significant reduction from previous years, particularly from 2020, when total emissions were about 55,850,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. KBC Group NV has reported emissions across all three scopes, indicating a comprehensive approach to carbon accounting. The emissions data shows a trend of decreasing emissions over the years, with total emissions dropping from about 92,520,960 kg CO2e in 2016 to the latest figure in 2023. KBC Group NV's climate commitments are aligned with industry standards, focusing on transparency and accountability in emissions reporting. The company continues to monitor and report its emissions, contributing to broader sustainability goals within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 Group NV 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.
