Belfius Banque SA
Belfius Banque's GHG Emissions Data Preview
In 2024, Belfius Banque completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Belfius Banque has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
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aVerified Sources Behind Belfius Banque’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Belfius Banque’s data sources below and access millions more through our Disclosure Search.
Insights into Belfius Banque's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Belfius Banque amounted to 3,418 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Belfius Banque decreased by 10.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Belfius Banque's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Belfius Banque's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Belfius Banque were 1,873 metric tons of CO₂ equivalent (tCO₂e).a
Has Belfius Banque reduced its Scope 1 emissions over time?
Since 2022, Belfius Banque's Scope 1 emissions have decreased by 55.47%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Belfius Banque's Scope 1 emissions decreased by 12.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Belfius Banque's Scope 2 emissions?
In 2024, Belfius Banque reported Scope 2 greenhouse gas (GHG) emissions of 57 tCO₂e using the market-based method and 1,545 tCO₂e using the location-based method.a
Has Belfius Banque reduced its Scope 2 emissions over time?
Since 2022, Belfius Banque's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 18.51%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Belfius Banque's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Belfius Banque's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Belfius Banque use for Scope 2 reporting?
In 2024, Belfius Banque reported its Scope 2 emissions using the market-based method and using the location-based method.a
Belfius Banque's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Belfius Banque's Value Chain Emissions
In 2024, Belfius Banque reported 26,942,054 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Belfius Banque includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Belfius Banque's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Belfius Banque's Scope 3 emissions?
In 2024, Belfius Banque reported total Scope 3 emissions of 26,942,054 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.64% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Belfius Banque reduced its Scope 3 emissions over time?
Since 2022, Belfius Banque's Scope 3 emissions have increased by 19.06%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Belfius Banque's Scope 3 emissions increased by 10.53%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Belfius Banque disclose?
In 2024, Belfius Banque reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Belfius Banque's Scope 3 emissions?
In 2024, the largest contributors to Belfius Banque's Scope 3 emissions were:a
- Investments (Cat. 15): 26,780,024 tCO₂e (99.4%)
- Capital Goods (Cat. 2): 86,712 tCO₂e (0.32%)
- Downstream Leased Assets (Cat. 13): 55,169 tCO₂e (0.2%)
Belfius Banque's Scope 3 Emissions by Categories
Insights into Belfius Banque’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Belfius Banque reported Scope 1 greenhouse gas (GHG) emissions of 1,873 tCO₂e and total revenues of USD 3,392 millions. This translates into an emissions intensity of 0.55 tCO₂e per millions USD.a
Belfius Banque's Scope 1 Emissions Intensity Compared to Peers
How does Belfius Banque's GHG emissions intensity compare to its peers?
In 2024, Belfius Banque reported a Scope 1 emissions intensity of 0.55 tCO₂e per millions USD. Compared to the peer group median of 12.89, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Belfius Banque rank on GHG emissions intensity within its industry?
In 2024, Belfius Banque ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Belfius Banque among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Belfius Banque's Total Carbon Footprint
In 2024, Belfius Banque reported a total carbon footprint of 26,945,472 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Belfius Banque's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 1 emissions at 0.01%.a