With regards to physical risk, Belfius Insurance has already carried out an initial screening and classification of its insurance portfolio within the context of reinsurance, more particularly with regards to flood risk. https://www.belfius.be/about-us/dam/corporate/corporate-social-responsibility/documents/policies-and-charters/en/SectorLimitationPolicy-EN.pdf Following the analysis of various property portfolios, objectives will be formulated using the Science Based Targets initiative methodology (SBTi).