Belfius
Belfius Bank and Insurance, headquartered in Brussels, Belgium, is a prominent player in the financial services industry. Founded in 2011, the company emerged from the restructuring of Dexia and has since established itself as a key provider of banking and insurance solutions across Belgium. Belfius offers a diverse range of products, including retail banking, corporate banking, and insurance services, distinguished by their customer-centric approach and innovative digital solutions. The bank has achieved significant milestones, including a strong market position as one of Belgium's leading financial institutions, recognised for its commitment to sustainability and community support. With a focus on enhancing customer experience, Belfius continues to adapt to the evolving financial landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Belfius'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
Belfius's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Belfius's reported carbon emissions
In 2024, Belfius Bank SA reported total carbon emissions of approximately 165,000,000 kg CO2e, comprising 1,873,000 kg CO2e from Scope 1, 1,545,000 kg CO2e from Scope 2, and a significant 161,914,000 kg CO2e from Scope 3 emissions. This marks a reduction from 2023, where total emissions were about 174,620,000 kg CO2e, with Scope 1 emissions at 2,137,000 kg CO2e, Scope 2 at 1,685,000 kg CO2e, and Scope 3 at 174,620,000 kg CO2e. Belfius has set ambitious reduction targets, aiming for a 20% decrease in its carbon footprint by 2025 compared to 2019 levels for both Scope 1 and Scope 2 emissions. Additionally, the bank aims for a 25% reduction in its operational carbon footprint, which includes Scope 1, Scope 2, and Scope 3 emissions (excluding financed emissions) by the same year. These initiatives are part of a broader commitment to sustainability, including the goal of using 100% certified green electricity in all owned buildings by the end of 2025. Belfius's emissions data is cascaded from its parent organization, ensuring alignment with corporate sustainability goals. The bank's ongoing efforts reflect a commitment to reducing its environmental impact while navigating the complexities of emissions across various scopes.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,620,300 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,867,300 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 00,000 | 0,000,000 |
| Scope 3 | 7,649,300 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Belfius 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.
