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 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 30 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Belfius's reported carbon emissions
In 2023, Belfius Bank reported total carbon emissions of approximately 634,208,420 kg CO2e. This figure includes 72,270,560 kg CO2e from Scope 1 emissions, 27,016,190 kg CO2e from Scope 2 emissions, and 306,066,690 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass significant contributions from investments, which accounted for about 19,540,288,000 kg CO2e. Over the years, Belfius has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were approximately 410,670,340 kg CO2e, indicating a substantial increase in emissions in 2023. However, Belfius has set near-term reduction targets and is actively working towards them, with a commitment to submit these targets by January 2024. Despite this, the bank has not yet committed to a net-zero target. Belfius's emissions data reflects a complex landscape of carbon outputs, particularly in Scope 3, which is typical for financial institutions due to their extensive investment portfolios. The bank's ongoing efforts to address its climate impact are crucial in the context of the financial sector's increasing focus on sustainability and responsible investment practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,796,300 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 3,414,700 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 00,000,000 |
| Scope 3 | 16,961,900 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 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 committed to some 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.
