Public Profile

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.

49

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.

26

Industry Benchmark

KBC Group NV's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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KBC Group NV's reported carbon emissions

In 2023, KBC Group NV reported carbon emissions of approximately 29,047,000 kg CO2e under Scope 1. This marks a slight decrease from 27,195,000 kg CO2e in 2022. The company has consistently disclosed its emissions data across all relevant scopes, including Scope 1, 2, and 3, demonstrating a commitment to transparency in its climate impact. KBC Group has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development. The absence of documented reduction targets suggests that while the company is actively monitoring its emissions, it may benefit from establishing more defined goals to enhance its sustainability efforts. Overall, KBC Group NV's emissions data reflects a proactive approach to understanding and managing its carbon footprint, although further commitments to reduction strategies could strengthen its climate action profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. KBC Group NV'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. This request for KBC Group NV is in BE, which has a very low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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