Ranking of groups · Belgium
Largest CO2 emitter owners in Belgium, by group
The 29 CO2 emitter owners in Belgium, each company counted under its ultimate parent and ranked by the verified emissions in 2025 of the CO2 emitters the group's companies own, operate or hold. Ministry of Economics, Finance and Industrial and Digital Sovereignty leads with 6,306,863 tCO2e across 6 CO2 emitters, ahead of ArcelorMittal (4,758,283 tCO2e) and TotalEnergies Refinery Antwerp (3,389,227 tCO2e).
A group is a parent company in the data and every subsidiary under it (GLEIF, Wikidata and the UK register of people with significant control); a company with no parent in the data is a group of its own. Each CO2 emitter counts once per group, in whole, or by the group's share where a source records one. A CO2 emitter with owners or operators in two groups counts in both, so the sizes do not add up to Belgium's total. The 29 groups listed are linked to 29,719,410 tCO2e; the CO2 emitters in Belgium with verified emissions in 2025 recorded add up to 24,081,105 tCO2e.
| # | Group, and its companies that hold them | Country | CO2 emitters | Verified emissions in 2025 | Largest |
|---|---|---|---|---|---|
| 1 | Ministry of Economics, Finance and Industrial and Digital Sovereignty Through Engie Electrabel | France | 6 | 6,306,863 tCO2e | Electrabel - Knippegroen 4,799,106 tCO2e |
| 2 | ArcelorMittal Through ArcelorMittal Belgium | Luxembourg | 1 | 4,758,283 tCO2e | ArcelorMittal Gent 4,758,283 tCO2e |
| 3 | TotalEnergies Refinery Antwerp | Belgium | 1 | 3,389,227 tCO2e | TotalEnergies Refinery Antwerp 3,389,227 tCO2e |
| 4 | BASF SE Through B.A.S.F. Antwerpen | Germany | 1 | 3,044,329 tCO2e | BASF Antwerpen - 127 3,044,329 tCO2e |
| 5 | Exxonmobil Petroleum & Chemical | Belgium | 1 | 2,114,405 tCO2e | Esso Raffinaderij 2,114,405 tCO2e |
| 6 | Heidelberg Materials AG Through Heidelberg Materials Benelux | Germany | 2 | 1,388,787 tCO2e | Heidelberg Materials Benelux - Cimenterie Lixhe 826,247 tCO2e |
| 7 | Compagnie des Ciments Belges, C.C.B. | Belgium | 1 | 1,040,446 tCO2e | CCB Cimenterie Gaurain 1,040,446 tCO2e |
| 8 | Air Liquide Through Air Liquide Large Industry | France | 2 | 717,834 tCO2e | Air Liquide Large Industry VTE Jupiter 1 360,407 tCO2e |
| 9 | TotalEnergies Through TotalEnergies Olefins Antwerp | France | 1 | 641,638 tCO2e | TotalEnergies Olefins Antwerp 641,638 tCO2e |
| 10 | Holcim | Belgium | 1 | 622,346 tCO2e | Holcim Cimenterie Obourg 622,346 tCO2e |
| 11 | Carmeuse Holding S.A. Through Carmeuse | Luxembourg | 2 | 508,507 tCO2e | Carmeuse Four à chaux Aisemont 328,941 tCO2e |
| 12 | Zandvliet Power | Belgium | 1 | 441,979 tCO2e | Zandvliet-Power 441,979 tCO2e |
| 13 | Norsk Hydro ASA Through yara tertre sa/nv | Norway | 1 | 432,549 tCO2e | Yara Tertre 432,549 tCO2e |
| 14 | Evonik Industries AG Through Evonik Antwerpen | Germany | 1 | 427,276 tCO2e | Evonik Antwerpen 427,276 tCO2e |
| 15 | TotalEnergies - Centrale Electrique Marchienne-au-Pont | Belgium | 1 | 425,604 tCO2e | Centrale C.C.G.T. Marcinelle Energie 425,604 tCO2e |
| 16 | Carrieres et Fours à Chaux Dumont-Wautier | Belgium | 1 | 416,203 tCO2e | Usine d'Hermalle 416,203 tCO2e |
| 17 | Inovyn Manufacturing Belgium | Belgium | 1 | 411,553 tCO2e | Inovyn Jemeppe 411,553 tCO2e |
| 18 | INEOS Oxide Utilities | Belgium | 1 | 329,147 tCO2e | INEOS Oxide Utilities 329,147 tCO2e |
| 19 | T-Power | Belgium | 1 | 254,960 tCO2e | T-Power 254,960 tCO2e |
| 20 | French State Through Luminus | France | 1 | 253,634 tCO2e | EDFL - Centrale Buitenring Wondelgem Gent 253,634 tCO2e |
| 21 | AGC株式会社 Through AGC Glass Europe | Japan | 1 | 247,971 tCO2e | AGC Flat Glass Europe Verre plat Moustier 247,971 tCO2e |
| 22 | Lhoist Industries | Belgium | 1 | 228,308 tCO2e | Usine de On 228,308 tCO2e |
| 23 | INEOS Aromatics Belgium | Belgium | 1 | 225,895 tCO2e | INEOS Aromatics Belgium 225,895 tCO2e |
| 24 | Umicore | Belgium | 1 | 198,874 tCO2e | Umicore site Hoboken 198,874 tCO2e |
| 25 | Borealis Kallo | Belgium | 1 | 196,309 tCO2e | Borealis - Kallo 196,309 tCO2e |
| 26 | Bayer Aktiengesellschaft Through Bayer agriculture | Germany | 1 | 195,513 tCO2e | Monsanto Europe 195,513 tCO2e |
| 27 | INEOS | Belgium | 1 | 176,220 tCO2e | Ineos 176,220 tCO2e |
| 28 | Aperam Through Aperam Stainless Belgium | Luxembourg | 1 | 162,827 tCO2e | Aperam Stainless Belgium S.A. 162,827 tCO2e |
| 29 | VPK Group Through VPK Paper | Belgium | 1 | 161,923 tCO2e | VPK Paper 161,923 tCO2e |
Every CO2 emitter owner in Belgium, with the people who decide.All 29 groups with their companies, each CO2 emitter with its share where we know it, and an introduction to the people who decide on buying and selling.
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