In the judges’ report, CFI noted: “This leading European bank, with an international presence in 72 countries, is well positioned to move the needle on the global energy transition” continuing, “BNP Paribas has a decades-long history of supporting energy producers, and the climate change strategy it has implemented will spur the industry’s sustainable transformation”.
Acknowledging the award, BNP Paribas Head of Company Engagement Antoine Sire commented: “Banks have a vital role to play in tackling the climate crisis and accelerating sustainable development. Bold ambition and creating coalitions with organisations — in the finance sector and beyond — fosters positive impact. We are honoured that our effort to be a leader in sustainable finance is recognised by CFI”.
The CFI awards process was extensive, with sources for nominations including subscribers and readers, intergovernmental organisations, a pitching call and senior judging panel from CFI. Capital Finance International is a UK publication reporting on business, economics and finance.
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