Accelerating the ecological and energy transition
BNP Paribas has made the ecological and energy transition its top environmental priority as a global player that finances the energy sector.
For this, we rely on three levers
10. Enabling our clients to transition to a low-carbon, respectful of the environment
11. Reduce the environmental impact of our operations
12. Advance awareness and sharing of best environmental practices
We coordinate these commitments by monitoring two key performance indicators.
Our commitment is also...
Our environmental commitment is guided by several principles and global initiatives dedicated to promoting low-carbon financing, among which:
Net-Zero Banking Alliance
In April 2021, BNP Paribas joined this UNEP-FI led initiative and made commitments for its activites net-zero by 2050. This includes greenhouse gas emissions within its loan and investment portfolios.
The Katowice commitment
In 2018, as part of the COP 24 in Katowice, BNP Paribas committed alongside 4 other banks to creating common CO2 emissions measurement standards and aligning credit portfolios with the objectives of the Paris Agreement.
In September 2020, these five banks co-produced a document describing the application of the PACTA methodology. The objective of this documents is to allow banks wishing to work on the alignment of their own portfolios to benefit from this previous experience.
Act4Nature international is a commitment initiative for French companies with international reach to support biodiversity. 65 companies made commitments with the launch of the initiative in 2018. Since 2020, BNP Paribas and 43 companies have seen their engagements recognised as SMART.
Afep's commitments on
BNP Paribas is among the 33 companies, members of AFEP, that have adopted a voluntary circular economy policy including 100 actions.
Women & climate daring circle
The purpose of this working group is to identify the necessary levers and initiatives to speed up the transition to a green economy and make it work for women’s empowerment. In 2019, it signed the charter for engagement and women’s contribution to combating climate change.