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 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. The breakdown includes Scope 1 emissions of about 1,873,000 kg CO2e and Scope 2 emissions of approximately 1,545,000 kg CO2e. In comparison, 2023 emissions were about 174,000,000 kg CO2e, with Scope 1 at approximately 2,137,000 kg CO2e and Scope 2 at around 1,685,000 kg CO2e. Belfius has set ambitious reduction targets, aiming for a 20% reduction in its carbon footprint by 2025, using 2019 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the bank aims for a 25% reduction in its operational carbon footprint, which encompasses all three scopes of emissions, excluding financed emissions, by 2025. The bank's commitment to sustainability includes the use of 100% certified green electricity in all owned buildings by the end of 2025. Belfius is executing these initiatives in partnership with CO2logic, demonstrating a proactive approach to mitigating its environmental impact. Belfius's emissions data is cascaded from its parent organization, Belfius Bank SA, ensuring a comprehensive understanding of its carbon footprint and climate commitments.
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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.
