Belfius Bank & Verzekeringen
Unverified 2 Second Party Opinions
1 Impact Report
1 Assurance Report
1 Framework
Documents (5)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-8ASPMLJ-T | Impact Report | Belfius Green Bond Impact Report (March 2025) | 2025 | www.belfius.be | 31 Mar 2026 |
| XF-J976L9N-3 | Assurance Report | Belfius Bank SA/NV - Assurance Report | 2025 | www.belfius.be | 31 Mar 2026 |
| XF-HV43Y7G-M | Second Party Opinion | Belfius Green Bond Framework Second-Party Opinion (2021) | 2021 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
| XF-IJPKFXX-L | Second Party Opinion | Belfius Social Bond Framework Second-Party Opinion (2024) | 2024 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 2 Mar 2026 |
| XF-PCF8HGK-E | Framework | Belfius Green Bond Framework May 21 | 2021 | www.belfius.be | 21 Feb 2026 |
XF Company Profile
Extra-financial information found across 5 documents in the XframeworkID registry
NACE K Financial & Insurance Activities
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- Belfius Bank & Verzekeringen, Belgium SPO 2024 2024
- Issuer sector/industry classification
- Financial & Insurance Activities FRAMEWORK 2021 2021
- Issuer type
- Bank-Insurer FRAMEWORK 2021 2021
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- Belfius Green Bond Framework, May 2021 FRAMEWORK 2021 2021
- Bond types covered under framework
- Green bonds, Social bonds SPO 2024 2024
- Framework publication date and update history
- Green Bond Framework: May 2021; Social Bond Framework: 2024 FRAMEWORK 2021 2021
- Eligible use-of-proceeds categories
- Renewable Energy, Energy Efficiency, Clean Transportation, Green Real Estate, Waste and Water Management SPO 2021 2021
- Project evaluation and selection process description
- Green & Social Bond Committee responsible for evaluating and selecting projects in line with Framework eligibility criteria. Committee meets quarterly and consists of heads of ESG, Long-Term Funding and Structured Finance, plus commercial business unit representatives. Credit committee assesses environmental and social risks. SPO 2024 2024
- Management of proceeds approach
- Green & Social Bond Committee monitors social portfolio with eligible social assets individually listed in internal information system. Proceeds allocated immediately after issuance. Unallocated proceeds temporarily invested in accordance with internal policies. SPO 2024 2024
- Reporting commitments under framework
- Allocation of proceeds reporting, Impact reporting FRAMEWORK 2021 2021
- Temporary investment of unallocated proceeds
- Unallocated proceeds temporarily invested in accordance with Belfius' internal policies SPO 2024 2024
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- Sustainalytics, 2021 SPO 2021 2021
- SPO assessment scope and methodology
- Use of proceeds aligned with Green Bond Principles, Environmental and social risk management systems adequacy, Project selection process alignment with market practice SPO 2024 2024
- SPO preliminary evaluation or credibility rating
- Credible and impactful SPO 2024 2024
- Assurance scope
- Use of proceeds and Impact information ASSURANCE 2025 2025
- Assurance provider name and engagement period
- Deloitte Bedrijfsrevisoren / Reviseurs d'Entreprises, as of 31 March 2025 ASSURANCE 2025 2025
- Assurance level
- Limited assurance ASSURANCE 2025 2025
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Green Bond Principles 2018 SPO 2021 2021
- Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
- Social Bond Principles 2023 SPO 2024 2024
- Alignment with UN Sustainable Development Goals
- SDG 3, SDG 4, SDG 6, SDG 7, SDG 9, SDG 10, SDG 11 SPO 2024 2024
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- Bank-insurer dedicated to reinvesting savings deposits in loans supporting Belgian society, committed to acting as meaningful and inspiring actor of change in Belgian society through core businesses and fostering solutions for sustainable society alongside customers, employees and partners. FRAMEWORK 2021 2021
- Sustainability strategy pillars and focus areas
- 10 commitments towards 2025-2030 aligned with UN SDGs, including: be leading actor in transition to sustainable Belgian economy and society, embed ESG criteria in core activities and decision-making FRAMEWORK 2021 2021
- Corporate purpose statement relating to sustainability
- Well aware of the crucial role played by the financial sector in ensuring a more sustainable future, Belfius aims to be meaningful and inspiring through its core businesses and foster solutions that contribute to a more sustainable society. FRAMEWORK 2021 2021
Proceeds Allocation & Reporting
- Allocated funds amount and currency
- Total 2,000,000,000 EUR IMPACT 2025 2025
Issuance Details
- Bond instrument type
- Green bonds (NPS, PS denominations) IMPACT 2025 2025
Changes Over Time
Items where disclosed information changed across documents.
Issuer name
Sustainable bond framework name
Alignment with UN Sustainable Development Goals
Alignment with ICMA Green Bond Principles
Eligible use-of-proceeds categories
Project evaluation and selection process description
2021 Belfius' Green Bond Committee comprised of Head of CSR Department, Head of Long-Term Funding, Head of Structured Finance and commercial business line representatives will oversee project evaluation and selection, meeting quarterly to review and approve green projects →
2024 Green & Social Bond Committee responsible for evaluating and selecting projects; committee meets quarterly and includes heads of ESG, Long-Term Funding, Structured Finance, and commercial business unit representatives; credit committee assesses environmental and social risks
Management of proceeds approach
2021 Portfolio approach with allocation maintained to match or exceed balance of net proceeds of outstanding bonds; managed by Structured Finance team →
2024 Green & Social Bond Committee monitors social portfolio with allocated eligible social assets individually listed in internal information system; proceeds allocated immediately after issuance; unallocated proceeds temporarily invested in accordance with internal policies