Financing the economy in an ethical way
BNP Paribas strives to
conduct its businesses in an ethical and responsible way as a major player in financial
products and services. By contributing to economic development and job creation
in 75 countries, the Group makes every effort to pursue this commitment.
We take on this economic responsibility by relying on our three commitments
1. Investments and financing with a positive impact
2. Ethics of the highest standard
3. Systematic integration and management of environmental, social and governance risks
We coordinate these commitments by monitoring three key performence indicators:
Cumulative rate of growth in lending since 2008 compared to cumulative change in GDP in value terms over the period
target: achieve growth in lending that outpaces GDP France, Italy, Belgium/Luxembourg Loans GDP in value terms.
Overall satisfaction scores for individual customers in the 4 domestic markets (on a scale from 1 to 10)
Target: Stability in satisfaction scores for individual customers.
Annual rate of growth in socially responsible assets under management (SRI) compared to annual changes in total outstandings
target: Achieve a growth rate in SRI assets that outpaces total outstandings SRI Assets Total Assets.
Our commitment is also:
BNP Paribas also coordinates its CSR approach by publishing several public positions relating to key themes and sectors. These positions directly underpin the way the Group intends to pursue its economic responsibility:
In 2008, BNP Paribas adopted the Equator Principles, a set of guidelines for the financial sector which aim to identify, evaluate and manage the environmental and social risks of projects. Each year, BNP Paribas publishes a report focusing on its experience and the processes involved in applying the Equator Principles.
Principles for Responsible Investment
BNP Paribas Investment Partners is a signatory to these principles, which aim to increase the role that environmental, social and governance (ESG) issues play in investment decisions.
Soft Commodities Compact of the Banking Environment Initiative
In 2014, BNP Paribas joined the Soft Commodities Compact, a unique initiative aiming to mobilize banks in efforts to transform agricultural supply chains and to encourage their customers to achieve net zero deforestation by 2020.
CSR Charter for BNP Paribas suppliers
Our charter specifies all of the Corporate Social Responsibility commitments that BNP Paribas expects from its suppliers.