Sustainability: K&H’s parent bank is among the top 15 percent of banks in the world

By: Trademagazin Date: 2025. 03. 04. 10:42

K&H’s Belgian parent bank, KBC Group, has been awarded an “A” rating for the third time in a row by the non-profit organization CDP (Carbon Disclosure Project), which annually surveys companies’ efforts to combat climate change. KBC is also the only Belgian bank to be included in the S&P Global Sustainability Yearbook 2025. This means that KBC is among the top 15 percent of banks in the world in terms of sustainability.

The latest research by the international non-profit organization Carbon Disclosure Project (CDP) examines the climate communication of 1,600 European companies and evaluates them based on a five-point criteria. In recognition of its sustainability efforts, KBC Group, the Belgian parent bank of K&H, has once again been among the best: it has been awarded an “A” rating by CDP, after 2022 and 2023, and now also for its activities in 2024.

Sustainability is not just a slogan

Financial institutions have a great responsibility in mitigating the negative effects of climate change, because they can significantly influence economic actors with their financing policies. The domestic lending market will go one step further in this regard this year, as from June, when granting corporate loans exceeding 500 million, loan applicants will have to fill out a sustainability questionnaire, which financial institutions will evaluate when assessing loans.

The successes of K&H’s parent bank in terms of sustainability and climate change are also indicated by the fact that it was the only Belgian bank to be included in the S&P Global Sustainability Yearbook 2025, which means that KBC is among the top 15 percent of banks in the world in terms of sustainability. Based on S&P’s global corporate sustainability assessment, only 780 out of 7,600 eligible companies were included in the publication.