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. The company has made significant strides in reducing its carbon footprint, particularly in Scope 1 emissions, which include direct emissions from owned or controlled sources. KBC Group's emissions data indicates a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. The company has not set formal science-based targets (SBTi) or documented reduction initiatives, suggesting a potential area for future development in their climate strategy. Overall, KBC Group NV's emissions reflect its operational impact, and while the company is actively reporting its carbon footprint, further commitments to reduction targets could enhance its climate action profile.
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.
