Sustainable Finance in action: from responsible savings to preserving the Arctic
18.08.2021 | Group
BNP Paribas’ commitment to being a leader in sustainable finance means integrating the 17 UN Sustainable Development Goals into both the CSR and business strategy of all its divisions worldwide. In the lead up to the COP 26 this fall, 2021 has already been an important year for commitments to furthering the ecological and energy transition, and these commitments can be clearly seen through the Group’s business lines and its support to clients. From innovative solutions to help people understand their own impact on the environment, to efforts reducing food waste, to more responsible investments for all, the Group’s diverse businesses are all dedicated to making sustainability accessible to individuals, SMEs and corporates.
To see some of the examples of how are businesses are integrating sustainability in their offers, read the articles below:
Investing your savings responsibly: How does it work?
Today, more and more people are interested in responsible investment products: individuals, companies, states, institutions, NGOs, etc. However, even if they want savings with a positive impact on society and the environment, savers still do not have a clear picture of how it works and have yet to put their ambitions into action. How can we ensure their credibility, added value and profitability? How can they be in line with our values while also taking into account their real impact on nature and society? To find out, we take a close look at this major component of #PositiveBanking.
Sustainable finance applied to reducing food waste
The fight against food waste is becoming increasingly widespread and tangible throughout the world, and with good reason: according to the United Nations, this waste represents between 8 and 10% of global greenhouse gas emissions, and 1/3 of the food produced each year is being thrown away. Such a massive environmental and societal impact is not being ignored. A whole section of finance, through responsible products - and of the economy, through innovation - is being structured to remedy the situation.
BNP Paribas supports scientific research on climate in Arctic regions
In line with the UN Sustainable Development Goals (SDGs) and its own Corporate Social Responsibility (CSR) strategy, BNP Paribas actively adresses global warming issues through a number of channels, including its Foundation and partnerships with influencers in a variety of domains - from science to cinema - and also by developing sustainable finance tools that incorporate climate-related levers. Recognising the fundamental importance of studying Earth's melting ice, in montains and in polar regions such as the Arctic, has been a particular focus due to the impact this rapid change has on all aspects of the envronment.
Carbon footprints: BNP Paribas helps its employees and clients reduce their environmental impacts
Over the course of 2020, BNP Paribas continued its efforts to reduce its carbon footprint and offered its clients new solutions to help them do the same. During this year marked by many challenges, digital issues have become key topics in these processes.
Cleantech: BNP Paribas and Solar Impulse are launching an investment fund dedicated to startups
BNP Paribas and the Solar Impulse Foundation, created by Bertrand Piccard, are launching a new investment fund dedicated to supporting clean tech, innovative startups that act in favour of the environment. The fund is being developed at a time when Solar Impulse has also achieved its goal, with the support of partners including BNP Paribas, of labelling more than 1,000 innovative solutions designed to protect the environment.