Public Profile

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.

71

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.

27

Industry Benchmark

Belfius's score of 71 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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Belfius's reported carbon emissions

In 2024, Belfius reported total carbon emissions of approximately 165,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 162,000,000 kg CO2e. Specifically, Scope 1 emissions were about 1,873,000 kg CO2e, while Scope 2 emissions totalled approximately 1,545,000 kg CO2e. Belfius has set ambitious reduction targets, aiming for a 25% decrease in its carbon footprint from its own operations (covering Scope 1 and Scope 2) by 2025, using 2019 as the baseline year. This commitment includes a 20% reduction in Scope 2 emissions and a similar target for Scope 1 emissions. Additionally, the bank aims to reduce its overall operational carbon footprint, which encompasses Scope 1, Scope 2, and Scope 3 emissions (excluding financed emissions), by 20% by 2025. Belfius is also committed to using 100% certified green electricity in all its owned buildings by the end of 2025, further demonstrating its dedication to sustainability. The bank's initiatives reflect a proactive approach to addressing climate change and reducing its environmental impact.

Unlock detailed emissions data

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

2018201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Belfius'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 Belfius 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.

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.

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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