KBC Group
Select your language

Limiting our adverse impact

Our own environmental footprint

KBC has defined environmental responsibility as one of its focus areas because we recognise more than ever that our operations and businesses have an impact on the environment. To limit our direct and indirect impact on global warming, we have started a group-wide programme to reduce our own environmental footprint.

Read our environmental policy

In the run-up to the ‘Paris UN Conference on climate change’ (COP21) in December 2015, KBC Group emphasised this engagement by signing the ‘Message from Belgian stakeholders in support of the COP21’.

Our targets

  • In 2015, KBC Group has committed to reducing its own GHG emissions by at least 20% - absolute and per FTE - by 2020 (relative to 2015 and excluding commuter travel). This target  has been translated by each core country into local action plans. Because we are ahead of schedule we have decided, in 2018, to raise our target to -25% by 2020 compared to 2015 (both absolute and per FTE). We also decided to set a new additional long-term target: -50% by 2030 compared to base year 2015 (both absolute and per FTE).
  • The ambition to obtain ISO 14001 certification in all our core countries by the end of 2017. This external certification confirms the quality of our environmental management system.

Here you can find an overview of our main key environmental non-financial targets.

Our achievements

Below you find an overview of our achievements. For more detailed information, please see the KBC Group Sustainability Report  2017.

Our environmental footprint

Group wide data on the environmental impact are collected since 2015. 

KBC Group environmental footprint 2017 2016 (3) 2015 (3)
Coverage (% of FTE) (1) 100% 100% 100%
Total energy consumption (in GJ) 1 114 701 1 155 113 1 171 761
  • Of which purchased electricity (in GJ)
632 036 682 822 705 350
  • Share of renewable electricity (in GJ)
  • in % of purchased electricity

467 623


365 601


322 369


  • Share of low carbon electricity (in GJ)
  • in % of purchased electricity

500 202


444 659


322 369


Commuter and business travel (in passenger.km) (2) 372 103 805 380 136 286 389 875 623
Paper consumption (in tonnes) 3 644 3 922 4 592
Waste production (in tonnes) 5 332 5 755 8 285
Drinking water consumption (in m³) 346 913 399 714 466 099

(1) Entities in countries that have less than 100 FTE are out of scope of the non-financial environmental data-gathering. For those entities we extrapolate based on per FTE data.
(2) Data on commuter travel are partly based on measured data, partly based on assumptions and partly based on extrapolated per FTE data.
(3) The 2015 and 2016 figures are adapted in line with the GHG Protocol guidance concerning recalculation of the base year emissions; they reflect the structural changes of the organisation in 2017 (the acquisition of UBB and Interlease in Bulgaria) and the improvement in accuracy of the data.  

Our carbon footprint

The decreasing trend in the environmental footprint is reflected in KBC Group’s carbon footprint, which has decreased by 25.57% absolute and 24.87% per FTE from 126 542 tonnes CO2e (3.3 tonnes CO2e per FTE) in 2015 to 94 183 tonnes CO2e (2.48 CO2e per FTE) in 2017.

The emission reduction target excludes commuter travel. The related carbon footprint has already decreased by 28.89% absolute and 28.22% per FTE in 2017 (versus base year 2015) mainly due to the purchase of renewable electricity.

KBC Group GHG emissions (in tonnes CO2e) 2017 2016 2015 (1)
Coverage (in % of FTE) 100% 100% 100%
Scope 1 41 730 42 555 42 749
Scope 2 27 551 41 867 55 407
Scope 3 24 903 25 964 28 387
Total - absolute 94 183 110 385 126 542
Total - per FTE 2,48 2,89 3,3
Covered by target - absolute 73 029 88 019 102 701
Covered by target - per FTE 1,92 2,3 2,68

(1) The 2015 and 2016 figures are adapted in line with the GHG Protocol guidance concerning recalculation of the base year emissions; they reflect the structural changes of the organization in 2017 ( the acquisition of UBB and Interlease in Bulgaria) and the improvement in accuracy of the data. 

For the second time on a row, for 2017 the underlying data and calculations of the GHG emissions of KBC Group have been verified by an external party in accordance with ISO14064-3. Vinçotte has verified the greenhouse gas assertion of KBC Group of 94 183.48 ton of CO2e to a level of reasonable assurance and concluded that the reported greenhouse gas emissions of KBC Group for 2017 are reliable and fairly stated.

ISO 14001 and ISO 50001 certification

The implementation of an ISO 14001 environmental management system in all our entities will lead to a continuous improvement of the environmental impact of KBC Group and contribute to the achievement of the GHG emission reduction target. Some entities decided to also introduce an ISO 50001 energy management system, that helps to efficiently reduce the use of energy.

Country Status ISO 14001 certificate Status ISO 50001 certificate
Belgium December 2009 (view certificate) December 2015 (1)
Bulgaria December 2016 (view certificate)  
Czech Republic June 2017 (view certificate) June 2016
Hungary December 2016 (view certificate) December 2016
Ireland May 2017 (view certificate)  
Slovakia December 2012 (view certificate) November 2012

(1) See also KBC Belgium’s Energy Policy Statement on corporate premises in Belgium

Prior to the ISO 14001 certification and based on previous voluntary audits, KBC in Belgium has already received the Ecodynamic Business Label for its Havenlaan premises in Brussels and the West Flanders Environment Charter for its offices in that province.

In Belgium, KBC was able to register its support services for the EMAS (Eco-Management and Audit Scheme) on 31 January 2013, making us the first Belgian financial institution to be admitted to this European programme. Read the statement of participation (in Dutch) and the public environmental statement (in Dutch).

Last update: 
KBC sustainability policies Socially Responsible Investments Equator Principles