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Bank
KBCBelgium

Active

This profile is actively maintained
Last update: 2024-06-14 15:16:27
KBC's head office in Brussels. Photo: Boubloub via Wikimedia Commons (CC BY-SA 4.0)

Active

This profile is actively maintained
Last update: 2024-06-14 15:16:27
Bank info
BankTrack campaigns
All
About
Website https://www.kbc.com
Headquarters
Havenlaan 2
1080 Brussels
Belgium
CEO/chair Johan Thijs
CEO
Supervisor
Nationale Bank van België
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.

Links

Corporate sustainability

Setting rules and policies

2024-05-31 00:00:00

Biodiversity policy

Bank policy
2024-05-31 00:00:00 | KBC
2024-05-31 00:00:00

Energy credit, insurance and advisory services policy

Bank policy
2024-05-31 00:00:00 | KBC
2024-03-31 00:00:00

Defence sector policy

Bank policy
2024-03-31 00:00:00 | KBC
2024-03-31 00:00:00

Sustainability Policy Framework

Bank policy
2024-03-31 00:00:00 | KBC
2024-01-02 00:00:00

Group Policy on Blacklisted Companies, Applicable as of 02/01/2024

Bank policy
2024-01-02 00:00:00 | KBC
2023-07-12 00:00:00

Embargo policy

Bank policy
2023-07-12 00:00:00 | KBC
2023-04-28 00:00:00

Policy on blacklisted companies

Bank policy
2023-04-28 00:00:00 | KBC
2023-01-31 00:00:00

Policy on arms-related activities

Bank policy
2023-01-31 00:00:00 | KBC
2023-01-31 00:00:00

Biodiversity policy

Bank policy
2023-01-31 00:00:00 | KBC
2022-09-29 00:00:00

Group investment policy

Bank policy
2022-09-29 00:00:00 | KBC
2021-11-01 00:00:00

Energy credit, insurance and advisory services policy

Bank policy
2021-11-01 00:00:00 | KBC
2020-11-30 00:00:00

Sustainability framework

Bank policy
2020-11-30 00:00:00 | KBC
2020-10-31 00:00:00

Policy on human rights

Bank policy
2020-10-31 00:00:00 | KBC
2020-10-31 00:00:00

Investment policy

Bank policy
2020-10-31 00:00:00 | KBC
2020-01-28 00:00:00

Anti-money laundering policy

Bank policy
2020-01-28 00:00:00 | KBC
2019-03-31 00:00:00

Environmental policy

Bank policy
2019-03-31 00:00:00 | KBC
2018-06-30 00:00:00

Mining policy

Bank policy
2018-06-30 00:00:00 | KBC Group
2018-06-30 00:00:00

Animal welfare statement

Bank policy
2018-06-30 00:00:00 | KBC Group
2017-12-31 00:00:00

Policy for the protection of whistleblowers

Bank policy
2017-12-31 00:00:00 | KBC Group
2017-11-30 00:00:00

Modern slavery act statement 2017

Bank policy
2017-11-30 00:00:00 | KBC Group
2016-05-31 00:00:00

Community involvement policy

Bank policy
2016-05-31 00:00:00 | KBC Group
2015-11-01 00:00:00

Energy Policy Statement on corporate premises in Belgium

Bank policy
2015-11-01 00:00:00 | KBC Group
2014-10-01 00:00:00

Controversial Weapon Policy

Bank policy
2014-10-01 00:00:00 | KBC Group
2014-05-31 00:00:00

Soft commodity policy

Bank policy
2014-05-31 00:00:00 | KBC Group
2014-05-01 00:00:00

Sustainability Code of Conduct for Suppliers

Bank policy
2014-05-01 00:00:00 | KBC Group
2014-03-01 00:00:00

Code of Conduct

Bank policy
2014-03-01 00:00:00 | KBC Group
2014-01-15 00:00:00

Tax Strategy

Bank policy
2014-01-15 00:00:00 | KBC Group
2012-07-31 00:00:00

Ethics and fraud policy

Bank policy
2012-07-31 00:00:00 | KBC Group
2011-12-21 00:00:00

Climate Change Policy

Bank policy
2011-12-21 00:00:00 | KBC Group
2010-01-18 00:00:00

Nuclear energy policy

Bank policy
2010-01-18 00:00:00 | KBC Asset Management
KBC has committed itself to the following voluntary standards:
Belgian SDG Charter for International Cooperation and DevelopmentTags: corporate social responsibility | sustainable development
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Collective Commitment to Climate Action (CCCA)Tags: climate change | corporate social responsibility | United Nations
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
ISO 14001Tags: transparency
Paris Agreement Capital Transition Assessment (PACTA)Tags: corporate social responsibility
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
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
BankTrack news BankTrack blog Partner news Partner blog

The credit chainsaw

A review of how EU-based banks are pouring billions into deforestation
2024-03-12 | Global Witness
Blog
BankTrack news BankTrack blog Partner news Partner blog

Policy analysis report: Moving away from mass destruction

2023-07-27 | ICAN, PAX
Blog
BankTrack news BankTrack blog Partner news Partner blog

European financial institutions heavily invested in companies involved in illegal Israeli settlements

725 European Financial Institutions found to provide billions of dollars in finance to companies operating in Israel's illegal settlement enterprise
2022-12-05 | Brussels | Don't Buy Into Occupation
Blog
BankTrack news BankTrack blog Partner news Partner blog

COP26: when will net-zero finance say no to fossil fuel expansion?

Huge pressure from civil society around COP26 pushed the financial sector net-zero alliances to acknowledge that they must tackle fossil fuels
2021-11-19 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Glasgow wrap-up: updates from banks and civil society at COP26

With COP26 behind us, it’s as clear as ever before that banks must act urgently to help achieve the goal of limiting global warming to 1.5 C.
2021-11-17 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Belgian bank KBC ends financing for new oil and gas extraction, but stops short of a complete phase out plan

2021-11-04 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

As part of its fight against climate change, KBC will no longer provide credit, advice or insurance to new oil and gas fields.

2021-10-26 | KBC
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report exposes billions in European financial support to companies in illegal Israeli settlements

2021-09-29 | Don't Buy Into Occupation
Blog
BankTrack news BankTrack blog Partner news Partner blog

Are banks partly responsible for child labour and deforestation in chocolate production?

The role of Belgian banks in the cocoa sector
2021-04-03 | FairFin
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

These Are the Banks Caught Up in the Russia Money-Laundering Scandal

2019-03-06 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen
BankTrack news BankTrack blog Partner news Partner blog

Fossil fuel protest by Greenpeace

KBC has already amended its Energy Credit Policy
2018-05-03 | KBC
Blog
BankTrack news BankTrack blog Partner news Partner blog

Apartheids Banks: Civil society groups demand accountability for apartheid profiteers

2018-04-19 | Brussels | Centre for Applied Legal Studies (CALS), Open Secrets
BankTrack news BankTrack blog Partner news Partner blog

BOOK EXTRACT: The apartheid arms money machine

2017-05-14 | News24
Blog
BankTrack news BankTrack blog Partner news Partner blog

Belgian bank KBC’s new sustainability policy: a mixed bag

2016-09-22 | Brussels | FairFin
BankTrack news BankTrack blog Partner news Partner blog

KBC revamps groupwide sustainability framework

2016-09-12 | KBC
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas, Deutsche Bank and ING invest €1.34 billion in coal

FairFin, Climaxi and BankTrack ask for green investments
2014-06-03 | Brussels | FairFin
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: European banks fuelling food price volatility and hunger

2012-01-12 | Brussels | Friends of the Earth Europe
BankTrack news BankTrack blog Partner news Partner blog

KBC implements new Climate Change Policy

2011-12-22 | Belgium | KBC
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack mentioned
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack mentioned
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Nam Theun 2 inauguration hides real costs of controversial Equator Principles project

More than 100,000 people continue to suffer project impacts
2010-12-07 | Laos | International Rivers
BankTrack news BankTrack blog Partner news Partner blog

World Bank-backed dam powers ahead, despite social cost

2010-12-07 | Bangkok | Inter Press Service
BankTrack news BankTrack blog Partner news Partner blog

Villages make way for new hydro project

2010-08-05 | Vientiane
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bankruptcy threatens banks operating in Belgium

Netwerk Vlaanderen calls to halt investments in coal plants
2010-06-02 | Brussels/ Ghent | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Laos’ Nam Theun 2 dam operation illegal

Equator Principles project begins selling power to Thailand in violation of Concession Agreement and obligations to affected communities
2010-03-23 | Laos | International Rivers
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Theun Hinboun hydropower plant expansion progresses

2009-12-08 | Vientiane, Laos | International Rivers
Blog
BankTrack news BankTrack blog Partner news Partner blog

"Sustainable Finance" undermines food security of Lao communities

ANZ, BNP Paribas and KBC investment in Theun-Hinboun dam violates Equator Principles and Lao law
2009-11-17 | Laos | International Rivers
BankTrack news BankTrack blog Partner news Partner blog

Must be forced to move 4000 indigenous

2009-11-13 | (English translation with Google-translate of Norwegian article) | Tekniskukeblad
Blog
BankTrack news BankTrack blog Partner news Partner blog

Må tvangsflytte 4000 urfolk

Statkrafts vannkraftprosjekt i Laos vil få alvorlige følger for over 50 000 mennesker, og 4000 urfolk blir tvangsflyttet, ifølge internasjonale organisasjoner.
2009-11-13 | Norway | International Rivers
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas: very high risk of harmful investments

New research from Netwerk Vlaanderen shows need for regulation of the banking industry
2009-03-19 | Brussels | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks shun harmful investments

New report shows examples of pioneering banks
2008-06-11 | Brussels | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Sixty-eight banks fuelling cluster munition producers with billions of dollars

Briefing paper by Netwerk Vlaanderen
2007-03-01 | Brussels | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

European banks withdraw from Belene nuclear power project

UniCredit Group, HVB and Deutsche Bank think Bulgarian project too risky
2006-10-20 | Berlin, Prague, Vienna, Sofia, Milan | Urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks continue to invest in cluster munitions

2006-09-18 | Brussels, Belgium | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

No party time for Burmese democrats

Action at Belgian banks against investments in Burma
2006-06-19 | Brussels, Belgium | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

KBC throws eleven cluster bomb producers out of its portfolio

2006-05-02 | Brussels, Belgium | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Belgian campaign puts banks under pressure to stop investing in Burma

Municipalities for Burma
2006-03-16 | Belgium | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Belgian bank groups invest in companies that abuse human rights

Press Release Netwerk Vlaanderen
2006-01-11 | Brussels, Belgium | Netwerk Vlaanderen
Resources
Documents
Links
2024-05-31 00:00:00

Biodiversity policy

Bank policy
2024-05-31 00:00:00 | KBC
2024-05-31 00:00:00

Energy credit, insurance and advisory services policy

Bank policy
2024-05-31 00:00:00 | KBC
2024-04-03 00:00:00

Annual Report 2023

Annual report
2024-04-03 00:00:00 | KBC
2024-04-03 00:00:00

Sustainability Report 2023

Other bank document
2024-04-03 00:00:00 | KBC
2024-03-31 00:00:00

Defence sector policy

Bank policy
2024-03-31 00:00:00 | KBC
2024-03-31 00:00:00

Sustainability Policy Framework

Bank policy
2024-03-31 00:00:00 | KBC
2024-01-02 00:00:00

Group Policy on Blacklisted Companies, Applicable as of 02/01/2024

Bank policy
2024-01-02 00:00:00 | KBC
2023-11-21 00:00:00

Belgisch geld voor nieuwe fossiel infrastructuur

[Belgian money for new fossil infrastructure]
NGO document
2023-11-21 00:00:00 | FairFin Belgium
2023-07-12 00:00:00

Embargo policy

Bank policy
2023-07-12 00:00:00 | KBC
2023-05-10 00:00:00

CSR report 2022

Annual report
2023-05-10 00:00:00 | KBC
2023-05-08 00:00:00

Annual report 2022

Annual report
2023-05-08 00:00:00 | KBC
2023-04-28 00:00:00

Policy on blacklisted companies

Bank policy
2023-04-28 00:00:00 | KBC
2023-01-31 00:00:00

Policy on arms-related activities

Bank policy
2023-01-31 00:00:00 | KBC
2023-01-31 00:00:00

Biodiversity policy

Bank policy
2023-01-31 00:00:00 | KBC
2022-09-29 00:00:00

Group investment policy

Bank policy
2022-09-29 00:00:00 | KBC
2022-06-14 00:00:00

CSR report 2021

Annual report
2022-06-14 00:00:00 | KBC
2022-05-02 00:00:00

Annual report 2021

Annual report
2022-05-02 00:00:00 | KBC
2021-11-01 00:00:00

Energy credit, insurance and advisory services policy

Bank policy
2021-11-01 00:00:00 | KBC
2021-04-06 00:00:00

CSR Report 2020

Annual report
2021-04-06 00:00:00 | KBC
2021-04-06 00:00:00

Annual report 2020

Annual report
2021-04-06 00:00:00 | KBC
2021-04-03 00:00:00

Eieren voor ons geld

Role of Belgian banks in the cocoa sector (report in Dutch)
NGO document
2021-04-03 00:00:00 | FairFin Belgium
2021-04-03 00:00:00

Are banks partly responsible for child labour and deforestation in chocolate production?

(summary FairFin report on the role of Belgian banks in the cocoa sector: Eieren voor ons geld)
NGO document
2021-04-03 00:00:00 | FairFin Belgium
2021-02-15 00:00:00

KBC takes an even stricter line on fossil fuels

Other bank document
2021-02-15 00:00:00 | KBC
2021-01-13 00:00:00

BankWijzer XL 2020

Analysis of Belgian banking sector [report in Dutch]
NGO document
2021-01-13 00:00:00 | FairFin Belgium
2020-12-08 00:00:00

Collective Commitment to Climate Action - Year One in Review

Other document
2020-12-08 00:00:00 | UNEP FI Principles for Responsible Banking
2020-11-30 00:00:00

Sustainability framework

Bank policy
2020-11-30 00:00:00 | KBC
2020-10-31 00:00:00

Policy on human rights

Bank policy
2020-10-31 00:00:00 | KBC
2020-10-31 00:00:00

Investment policy

Bank policy
2020-10-31 00:00:00 | KBC
2020-08-01 00:00:00

CSR report 2019

Annual report
2020-08-01 00:00:00 | KBC
2020-05-19 00:00:00

Annual report 2019

Annual report
2020-05-19 00:00:00 | KBC
2020-01-28 00:00:00

Anti-money laundering policy

Bank policy
2020-01-28 00:00:00 | KBC
2019-12-10 00:00:00

Letter from BankTrack to KBC on the bank's progress on its fossil fuel finance since COP24

Correspondence
2019-12-10 00:00:00 | BankTrack
2019-09-19 00:00:00

Collective Commitment to Climate Action

Other document
2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking
2019-09-11 00:00:00

Letter from KBC to BankTrack on PRB implementation

Correspondence
2019-09-11 00:00:00 | KBC
2019-05-21 00:00:00

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
NGO document
2019-05-21 00:00:00 | Europe Beyond Coal
2019-04-25 00:00:00

CSR report 2018

Annual report
2019-04-25 00:00:00 | KBC
2019-04-16 00:00:00

Annual report 2018

Annual report
2019-04-16 00:00:00 | KBC
2019-03-31 00:00:00

Environmental policy

Bank policy
2019-03-31 00:00:00 | KBC
2018-10-16 00:00:00

Letter from BankTrack and 120 organisations to KBC on Demands FBNT campaign

Correspondence
2018-10-16 00:00:00 | BankTrack and 120 organisations
2018-06-30 00:00:00

Mining policy

Bank policy
2018-06-30 00:00:00 | KBC Group
2018-06-30 00:00:00

Animal welfare statement

Bank policy
2018-06-30 00:00:00 | KBC Group
2018-04-27 00:00:00

Sustainability report 2017

Annual report
2018-04-27 00:00:00 | KBC
2018-03-31 00:00:00

Annual Report 2017

Annual report
2018-03-31 00:00:00 | KBC
2018-03-31 00:00:00

Report to Society 2017

Other bank document
2018-03-31 00:00:00 | KBC
2017-12-31 00:00:00

Policy for the protection of whistleblowers

Bank policy
2017-12-31 00:00:00 | KBC Group
2017-11-30 00:00:00

Modern slavery act statement 2017

Bank policy
2017-11-30 00:00:00 | KBC Group
2017-05-31 00:00:00

Sustainability Report 2016

Annual report
2017-05-31 00:00:00 | KBC
2017-05-31 00:00:00

KBC Group - UN Global Compact Communication on Progress 2017

Other bank document
2017-05-31 00:00:00 | KBC
2017-05-22 00:00:00

Annual Report 2016

Annual report
2017-05-22 00:00:00 | KBC
2017-04-03 00:00:00

Report to society 2016

Annual report
2017-04-03 00:00:00 | KBC
2016-11-13 00:00:00

Corporate Governance Charter

Other bank document
2016-11-13 00:00:00 | KBC Group NV
2016-07-25 00:00:00

Risk governance

Other bank document
2016-07-25 00:00:00 | KBC Group NV
2016-05-31 00:00:00

Community involvement policy

Bank policy
2016-05-31 00:00:00 | KBC Group
2016-03-31 00:00:00

Annual report 2015

Annual report
2016-03-31 00:00:00 | KBC
2016-03-31 00:00:00

Report to Society 2015

Annual report
2016-03-31 00:00:00 | KBC
2015-11-01 00:00:00

Energy Policy Statement on corporate premises in Belgium

Bank policy
2015-11-01 00:00:00 | KBC Group
2015-04-16 00:00:00

Report to Society for 2014

Annual report
2015-04-16 00:00:00 | KBC Group
2015-04-15 00:00:00

Employee Stakeholder Policy

Other bank document
2015-04-15 00:00:00 | KBC Group
2015-04-15 00:00:00

CSR Report 2013

Annual report
2015-04-15 00:00:00 | KBC Group
2015-04-15 00:00:00

Annual Report 2013

Annual report
2015-04-15 00:00:00 | KBC Group
2014-10-01 00:00:00

Controversial Weapon Policy

Bank policy
2014-10-01 00:00:00 | KBC Group
2014-05-31 00:00:00

Soft commodity policy

Bank policy
2014-05-31 00:00:00 | KBC Group
2014-05-01 00:00:00

Sustainability Code of Conduct for Suppliers

Bank policy
2014-05-01 00:00:00 | KBC Group
2014-03-01 00:00:00

Code of Conduct

Bank policy
2014-03-01 00:00:00 | KBC Group
2014-01-15 00:00:00

Tax Strategy

Bank policy
2014-01-15 00:00:00 | KBC Group
2012-07-31 00:00:00

Ethics and fraud policy

Bank policy
2012-07-31 00:00:00 | KBC Group
2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin
2011-12-21 00:00:00

Climate Change Policy

Bank policy
2011-12-21 00:00:00 | KBC Group
2010-12-18 00:00:00

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

Correspondence
2010-12-18 00:00:00 | Banktrack
2010-06-02 00:00:00

Bankers on Tenterhooks

Climate change: co-funded by banks operating in Belgium
NGO document
2010-06-02 00:00:00 | Netwerk Vlaanderen
2010-04-27 00:00:00

Close the Gap

Benchmarking investment policies of international banks
BankTrack publication
2010-04-27 00:00:00 | BankTrack
2010-04-01 00:00:00

Summary Table 'Hall of Fame and runners-up'

NGO document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi
2010-01-18 00:00:00

Nuclear energy policy

Bank policy
2010-01-18 00:00:00 | KBC Asset Management
2009-10-01 00:00:00

Worldwide investments in CLUSTER MUNITIONS, a shared responsibility

NGO document
2009-10-01 00:00:00 | Netwerk Vlaanderen, et. al.
2008-05-01 00:00:00

Beleggers op hete kolen: Een kritische doorlichting van de klimaatfondsen op de Belgische markt (in Dutch)

NGO document
2008-05-01 00:00:00 | Netwerk Vlaanderen
2005-05-01 00:00:00

Banks Disarm(ed)

NGO document
2005-05-01 00:00:00 | Netwerk vlaanderen

Bankwijzer

Fair Finance Guide Belgium

Move your money - Belgian campaign website

KBC's sustainability & csr pages

Bankwijzer XL Belgium

FairFin Belgium

Financial Exclusions Tracker

Bank is listed in Financial Exclusions Tracker, which lists companies that have been publically excluded by financial institutions, for reasons ranging from human rights violations to environmental impact and corruption.

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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Average

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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.

Assessment of KBC's coal policy in the Coal Policy Tool

Assessment of KBC's policies in the Oil & Gas Policy Tracker

Banks and Russia

Banks and Russian Aggression 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.

Bank responses to Russia's invasion of Ukraine

Good Moves

Good moves

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