Annual Report

Report overview

The report presents KBC's tightened climate-transition targets, including an SBTi commitment for its lending targets and an 80% reduction target for its own footprint by 2030. It reports that the group achieved net climate neutrality for its direct footprint in 2022 through carbon credits, while also disclosing verified greenhouse gas data and 100% renewable electricity. The report further describes a new 2022 double-materiality assessment and extensive Board and management oversight of sustainability.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: 1 January 2022 – 31 December 2022
Publication date: 16 March 2023
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status
CDP score

Assurance

Provider
Standard
Scope
Statement included
Metrics assured

ESG & Materiality

ESG data

Indicators available in this report:

Scope 1 emissions
Scope 3 emissions
Energy consumption
Renewable energy
Employees
Women on the board
Net zero target

Materiality

Assessment
Basis
Matrix

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