At the beginning of the year, BNP Paribas signed its fourth agreement to renew its commitment...
BNP Paribas partners with the #act4nature movement to promote biodiversity
On 10th July 2018, at the launch of the act4nature initiative at the GoodPlanet Foundation, BNP Paribas announced its support of this movement, which unites 65 international companies in preserving and restoring biodiversity.
act4nature: a dynamic international collective to preserve biodiversity
Launched by the French EpE (Enterprises for the Environment) association and numerous other partners, the act4nature initiative is intended to encourage companies to take a positive approach towards biodiversity. But the good intentions stemming from such collective awareness need to be followed up by the support of stakeholders who have the resources to deliver practical, immediate solutions in the medium or long term.
What is act4nature's goal? To create an international collective dynamic through the involvement of CEOs from all sectors, their employees and – at a broader level – the general public.
Through their support for act4nature, companies make individual commitments to integrate biodiversity into their overall development strategies, enabling them to contribute to the biodiversity targets set by the international community. They also unite around 10 shared commitments aimed at voluntarily incorporating the question of biodiversity into all their business activities, from governance and strategy through to practical everyday actions. And the target in their sights is the COP15 conference at the Convention on Biological Diversity held in Beijing in 2020, and the IUCN's World Conservation Congress in Marseille.| protecting, promoting and restoring biodiversity.
PROTECT, ENHANCE AND RESTORE BIODIVERSITY.
act4nature in figures
act4nature: individual commitments by BNP Paribas
At the launch of the act4nature movement, the act4nature charter's 65 signatory companies announced their individual and shared commitments to the promotion of biodiversity. With its commitment to protecting biodiversity which goes back several years, through initiatives addressing both its "indirect" and "direct" impacts, the BNP Paribas Group has published its individual commitments in the act4nature charter, containing reminders of several initiatives undertaken in recent years.
Some Group-wide commitments over time:
- BNP Paribas is undertaking to eliminate deforestation in its portfolio by 2020 through the Soft Commodities Compact's "Zero Net Deforestation" initiative from the Consumer Goods Forum and the Banking Environment Initiative;
- BNP Paribas is involved in the CDC Biodiversité organisation's work to develop biodiversity performance metrics for certain economic sectors (such as agriculture) and, consequently, the portfolios of the banking sector stakeholders that support them.
- BNP Paribas undertakes to achieve a 30% reduction in paper consumption per employee between 2012 and 2020, and to hit a target of at least 80% responsibly-sourced paper (recycled, or PEFC/FSC-certified) in its procurement by 2020.
Photos ©justyle / ©anusak
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