Accelerating the ecologicaland energy transition
BNP Paribas has made the ecological and energy transition its top environmental priority as a global player that finances the energy sector. Our commitment aligns with the Paris agreement, which aims to make financial flows compatible with low-carbon development.
For this, we rely on three levers
10. Enabling our clients to transition to a low-carbon, respectful of the environment economy
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:
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.
Launched by the Entreprises pour l’Environnement think tank, this initiative gathers dozens of international companies aiming to protect and restore biodiversity.
Science based target initiative
This coalition that include the CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the WWF, supports companies willing to set environmental objectives that are in line with the Paris Agreement.
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.