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BelfiusBelgium

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Last update: 2025-02-06 00:00:00
Belfius' headquarters, Rogier Tower Brussels. Photo: David Monniaux via Wikimedia (CC BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2025-02-06 00:00:00
About
Website https://www.belfius.com/EN/index.aspx
Headquarters
Place Charles Rogier 11
1210 Brussels
Belgium
CEO/chair Marc Raisière
CEO
Supervisor
Nationale Bank van België
Ownership

Belfius is owned by the Belgian federal state through the Federal Holding and Investment Company (FHIC).

Belfius is a Belgian banking and insurance group. It originates from 2011 when the former Dexia Group went through a major restructuring. The state of Belgium became the owner of Dexia Bank Belgium. It was renamed Belfius Bank and Insurance and is now completely separate from Dexia SA Group. Belfius offers retail, public, commercial and private banking services as well as insurance products.

Sustainability
Commitments
Policies
Voluntary standards

Belfius' most important sustainability commitments can be found at the website sections listed below.

Links

Climate and environment

Norms and standards

Sustainable strategy

Policies and charters

Transition Acceleration Policy (TAP) ESG sector criteria applied to Belfius’ activities

Bank policy
2025-01-16 00:00:00 | Belfius

Climate and Environmental Policy (CEP)

Bank policy
2024-06-25 00:00:00 | Belfius

Human rights policy

Bank policy
2023-09-30 00:00:00 | Belfius

Environmental, Social and Governance Framework

Bank policy
2022-10-24 00:00:00 | Belfius

Policy regarding sustainable investing and the management of sustainability risks and adverse impacts

Date listed represents date as accessed on website
Bank policy
2022-04-07 00:00:00 | Belfius

ESG Policy for Sustainable Investment Products

Bank policy
2021-06-29 00:00:00 | Belfius Investment Partners

Corporate social responsibility policy

Bank policy
2020-05-08 00:00:00 | Belfius

Anti-money laundering policy

Bank policy
2018-07-09 00:00:00 | Belfius

Ethics charter regarding relations with suppliers

Bank policy
2018-07-09 00:00:00 | Belfius
Belfius has committed itself to the following voluntary standards:
Belgian SDG Charter for International Cooperation and DevelopmentTags: corporate social responsibility | sustainable development
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Extractive Industries Transparency InitiativeTags: oil and gas | mining and processing | transparency
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Are banks partly responsible for child labour and deforestation in chocolate production?

The role of Belgian banks in the cocoa sector
2021-04-03 | FairFin
BankTrack news BankTrack blog Partner news Partner blog

'Boxes for banks': verhuisdozen voor Belfius om geld uit fossiele brandstoffen te verhuizen

2019-04-24 | Dewereldmorgen.be
BankTrack news BankTrack blog Partner news Partner blog

Belgium’s Long-Awaited Bank IPO Hits a Political Roadblock

2018-06-21 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas, Deutsche Bank and ING invest €1.34 billion in coal

FairFin, Climaxi and BankTrack ask for green investments
2014-06-03 | Brussels | FairFin
Blog
BankTrack news BankTrack blog Partner news Partner blog

Belfius drops Food Speculation Fund

2013 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: European banks fuelling food price volatility and hunger

2012-01-12 | Brussels | Friends of the Earth Europe
Blog
BankTrack news BankTrack blog Partner news Partner blog

French banks: a citizen rating reveals what is going on underneath their activities

2011-11-02 | Paris and Nice | Les Amis de la Terre and Attac France
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack mentioned
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack mentioned
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Overheid: maak van Dexia een maatschappelijk nuttige bank!

2011-10-10 | Brussels | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Le gouvernement britannique reconnaît officiellement les violations des droits humains sur l'oléoduc BTC

2011-03-14 | Paris | Les Amis de la Terre
BankTrack news BankTrack blog Partner news Partner blog

Dexia excluded for involvement in Israel

2011-03-08 | Triodos Bank
Blog
BankTrack news BankTrack blog Partner news Partner blog

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bankruptcy threatens banks operating in Belgium

Netwerk Vlaanderen calls to halt investments in coal plants
2010-06-02 | Brussels/ Ghent | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas: very high risk of harmful investments

New research from Netwerk Vlaanderen shows need for regulation of the banking industry
2009-03-19 | Brussels | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks shun harmful investments

New report shows examples of pioneering banks
2008-06-11 | Brussels | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

ING Withdraws from Slovak Nuclear Project

Mochovce 3 and 4 too risky
2008-01-29 | Amsterdam / Brussels | Urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report FoE France : French Banks, Fossil Banks?

New FoE report slams French banks for sad state climate policies
2007-03-06 | Paris, France | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks continue to invest in cluster munitions

2006-09-18 | Brussels, Belgium | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

No party time for Burmese democrats

Action at Belgian banks against investments in Burma
2006-06-19 | Brussels, Belgium | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Belgian campaign puts banks under pressure to stop investing in Burma

Municipalities for Burma
2006-03-16 | Belgium | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report FoE France : Banques et environnement: Presque tout reste à faire

2006-03-06 | Paris, France | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

Belgian bank groups invest in companies that abuse human rights

Press Release Netwerk Vlaanderen
2006-01-11 | Brussels, Belgium | Netwerk Vlaanderen
Resources
Documents
Links

Transition Acceleration Policy (TAP) ESG sector criteria applied to Belfius’ activities

Bank policy
2025-01-16 00:00:00 | Belfius

CSR report 2023

Annual report
2024-06-30 00:00:00 | Belfius

Climate and Environmental Policy (CEP)

Bank policy
2024-06-25 00:00:00 | Belfius

Annual report 2023

Annual report
2024-05-13 00:00:00 | Belfius

Belgisch geld voor nieuwe fossiel infrastructuur

[Belgian money for new fossil infrastructure]
NGO document
2023-11-21 00:00:00 | FairFin Belgium

Human rights policy

Bank policy
2023-09-30 00:00:00 | Belfius

Annual report 2022

Annual report
2023-06-06 00:00:00 | Belfius

Environmental, Social and Governance Framework

Bank policy
2022-10-24 00:00:00 | Belfius

CSR report 2021

Annual report
2022-06-07 00:00:00 | Belfius

Policy regarding sustainable investing and the management of sustainability risks and adverse impacts

Date listed represents date as accessed on website
Bank policy
2022-04-07 00:00:00 | Belfius

Annual report 2021

Annual report
2022-04-04 00:00:00 | Belfius

CSR Report 2020

Annual report
2021-07-06 00:00:00 | Belfius

ESG Policy for Sustainable Investment Products

Bank policy
2021-06-29 00:00:00 | Belfius Investment Partners

Annual report 2020

Annual report
2021-04-13 00:00:00 | Belfius

Eieren voor ons geld

Role of Belgian banks in the cocoa sector (report in Dutch)
NGO document
2021-04-03 00:00:00 | FairFin Belgium

Are banks partly responsible for child labour and deforestation in chocolate production?

(summary FairFin report on the role of Belgian banks in the cocoa sector: Eieren voor ons geld)
NGO document
2021-04-03 00:00:00 | FairFin Belgium

BankWijzer XL 2020

Analysis of Belgian banking sector [report in Dutch]
NGO document
2021-01-13 00:00:00 | FairFin Belgium

Coming clean: can the IFC help end coal finance?

NGO document
2020-06-30 00:00:00 | Recourse, Trend Asia, Philippine Movement for Climate Justice and Korea Sustainability Investing Forum

Annual report 2019

Annual report
2020-05-11 00:00:00 | Belfius

Corporate social responsibility policy

Bank policy
2020-05-08 00:00:00 | Belfius

Annual report 2018

Annual report
2019-05-07 00:00:00 | Belfius

Anti-money laundering policy

Bank policy
2018-07-09 00:00:00 | Belfius

Ethics charter regarding relations with suppliers

Bank policy
2018-07-09 00:00:00 | Belfius

Annual Report 2017

Annual report
2018-03-31 00:00:00 | Belfius

Annual Report 2016

Annual report
2017-03-31 00:00:00 | Belfius

Annual report 2015

Annual report
2016-03-31 00:00:00 | Belfius

Annual Report 2013

Annual report
2014-01-01 00:00:00

Annual Report 2012

Annual report
2013-03-23 00:00:00 | Belfius

Sustainable Development Report 2012

Annual report
2013-01-01 00:00:00

Sustainable Development Report 2011

Annual report
2012-07-13 00:00:00 | Belfius

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Annual Report 2011

Annual report
2012-06-19 00:00:00 | Dexia

2011 Global Investor Statement on Climate Change

Other document
2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI

Sustainable development report 2010

Annual report
2011-04-29 00:00:00 | Dexia

Annual Report 2010

Annual report
2011-04-18 00:00:00 | Dexia

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

Correspondence
2010-12-18 00:00:00 | Banktrack

Bankers on Tenterhooks

Climate change: co-funded by banks operating in Belgium
NGO document
2010-06-02 00:00:00 | Netwerk Vlaanderen

Close the Gap

Benchmarking investment policies of international banks
BankTrack publication
2010-04-27 00:00:00 | BankTrack

Summary Table 'Hall of Fame and runners-up'

NGO document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi

Beleggers op hete kolen: Een kritische doorlichting van de klimaatfondsen op de Belgische markt (in Dutch)

NGO document
2008-05-01 00:00:00 | Netwerk Vlaanderen

Compliance Charter ENG

Other bank document
2005-10-06 00:00:00 | Dexia

Banks Disarm(ed)

NGO document
2005-05-01 00:00:00 | Netwerk vlaanderen
Accountability
Grievances

Belfius does not operate a complaints or grievances channel for individuals or communities that might have been affected by its finance.

This page evaluates Belfius's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Good Moves

Good moves

Year:

2013

Belfius drops Food Speculation Fund

Belfius's response to the report by FairFin and others, "'The involvement of Belgian banks in food speculation", was to delete its fund Dexia Fund Commodities from its offer. The performance of this fund was linked to the performance of 24 commodities, and thus had a negative impact on the welfare of the population, mostly…