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KBCBelgium
Active
This profile is actively maintained
Last update: 2023-09-21 16:02:28
KBC's head office in Brussels. Photo: Boubloub via Wikimedia Commons (CC BY-SA 4.0)
Active
This profile is actively maintained
Last update: 2023-09-21 16:02:28
About
| Website | https://www.kbc.com |
| Headquarters |
Havenlaan 2
1080 Brussels
Belgium
|
| CEO/chair |
Johan Thijs CEO |
| Supervisor | |
| Ownership |
listed on Euronext Brussels
KBC's shareholder structure can be accessed here. |
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.
Sustainability
Commitments
Policies
Voluntary standards
KBC's most important sustainability commitments can be found at the website sections listed below.
KBC has committed itself to the following voluntary standards:
Dodgy Deals
KBC is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of KBC's link to these deals.
Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Resources
Documents
Links
Accountability
Grievances
KBC operates a complaints channel which can be reached via csr.feedback@kbc.be.
KBC is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates KBC'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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Banks and Climate
Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of KBC's fossil fuel policy below.
Banks and Putin's war in Ukraine
Banks and Putin's war in Ukraine
BankTrack is keeping track of the public response of KBC to Russia's illegal invasion of Ukraine. KBC did not publicly condemn the war. KBC is considered by Leave-Russia.org to be "suspending" its operations in Russia. We consider its exposure to Russia as limited. For further details, see the table linked below.
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