BNP Paribas historic commitment to impact projects
What about the Group's activities with no objective of profitability?
We have made a commitment to dedicate, by 2025, 250 million euros of the Bank’s own capital to an investment envelope to support young innovative companies that develop solutions with social, local and environmental impacts.
In 2021, financing and investment of Microfinance institutions reached 367 million euros and Institutions helped support 224,000 beneficiaries in 14 countries. Bringing the cumulative total of financing over 30 years to 1.2 billion!
As of October 2022, the Group’s Solidarity Funds had invested 156 million euros in the form of long term loans to some thirty associations such as ADIE, acted, Foncière Habitat and Humanisme.
By the end of 2022, "Act for Impact," our programme dedicated to actors within the social and solidarity economy, benefitted 2,200 social businesses in France with a total of 1.2 billion euros in financing.
In 2022, in a context marked by the Ukrainian crisis and the aftermath of the global pandemic, a global donation of 100 million euros was made, in keeping with four decades of pioneering philanthropy policy.