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 71 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 two key performance indicators.
* In 2018, EUR 2 billion of B2B2C was restarted.
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 Asset Management is a signatory to these principles, which aim to increase the role that environmental, social and governance (ESG) issues play in investment decisions.
Principles for Responsible Banking (PRB)
Developed in 2018 by a core group of 30 Founding Banks, among them BNP Paribas, these Principles have been officially launched during the 2019 Climate Week in New York. By signing the PRB, more than 130 banks have committed to align their business strategies with the UN Sustainable Development Goals and the Paris Climate Agreement.
Sustainable Sourcing Charter
Our charter specifies all of the Corporate Social Responsibility commitments that BNP Paribas expects from its suppliers.