Annual Report

Report overview

The report presents KBC Group's 2023 financial results alongside its sustainability progress. It reports an 68% reduction in own greenhouse gas emissions from 2015, including commuting, and says net climate neutrality was achieved in 2023 by offsetting remaining direct emissions. The year also included finalising the sale of KBC Bank Ireland's loan and deposit portfolios and integrating Raiffeisenbank Bulgaria.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 14 March 2024
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
Employees
Women on the board
Net zero target

Materiality

Assessment
Basis

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