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European Climate Pact
private sector

Groupe Bruxelles Lambert SA

Overview

Location

Belgium

Sector

Banking, Financial and Insurance Services

Organisation type
Business

Company Information

Headquartered in Brussels, Belgium Groupe Bruxelles Lambert is an investment holding company. In 2021 they reported 6.96 billion Euro revenue.*

*Source

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Groupe Bruxelles Lambert SA has a target to reduce absolute scopes 1 and 2 CO2e emissions 50% by 2030 from a base year of 2019

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emission-reduction through a company policy or behavioral change
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Emissions - FS

Our actions – the Pathway

  • Take action to align our portfolio to a 1.5°C world
  • Assess if clients/investees’ business strategies are aligned to a well below 2-degree world
  • Have an engagement strategy to encourage our investees to set a science-based GHG emissions reduction targets
  • Conduct analysis to understand the impact of our investment portfolio on the planet, in line with TCFD recommendations

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Groupe Bruxelles Lambert SA has a target to consume 100% of electricity from renewable sources by 2023 from a baseline of 2% renewable electricity consumption in 2020

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Groupe Bruxelles Lambert SA have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022