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About KBC
KBC was established in 1998 from a merger between two Belgian banks, the Kredietbank and CERA Bank, and the Belgian insurance company ABB. KBC is an integrated bank-insurance group, catering mainly to retail customers, small and medium-sized enterprises and private banking clients. It operates in its home markets of Belgium and Central and Eastern Europe, where it specialises in retail bank-insurance and asset management activities, as well as in the provision of services to businesses. The group is also active in a selection of other countries in Europe in private banking and services to businesses.
Website | https://www.kbc.com |
Headquarters |
Havenlaan 2
1080 Brussels
Belgium
|
CEO/chair |
Johan Thijs CEO |
Supervisor | |
Annual report | Annual report 2019 |
Ownership |
listed on Euronext Brussels
KBC's shareholder structure can be accessed here. |
Related Dodgy Deals
Dodgy Deals map
Policy Assessments
Banks, climate and energy
Bank policy scores on tar sands
The point-based policy ranking above assesses bank policies in four ways:
1) Restriction on direct financing for tar sands projects.
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None (0), weak exclusion (1.5), moderate exclusion (3), strong exclusion (4)
2) Restriction on financing for companies that expand tar sands.
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None (0), weak exclusion (3), strong exclusion (5)
3) The bank’s commitment to phase-out financing for tar sands.
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None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.
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None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 20 policy points for its tar sands policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).
News
Documents
Links
Policies
Voluntary initiatives
KBC has committed itself to the following voluntary standards:- Belgian SDG Charter for International Cooperation and Development
- Carbon Disclosure Project
- Collective Commitment to Climate Action (CCCA)
- Equator Principles
- Global Reporting Initiative
- ISO 14001
- Paris Agreement Capital Transition Assessment (PACTA)
- Partnership for Carbon Accounting Financials (PCAF)
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Task Force on Climate-related Financial Disclosures
- UN Guiding Principles on Business and Human Rights
- UNEP Finance Initiative
- United Nations Global Compact
Equator Principles
Implementation and reporting
KBC is reporting on the implementation here.