BNP Paribas significantly climbed up the ranking of the “Global 100 most sustainable corporations” which was published, like every year, for the occasion of the World Economic Forum in Davos by the specialised Canadian magazine, Corporate Knights. BNP Paribas entered the ranking for the first time in 2015, and this year gained 47 places, moving up from no. 82 to no. 35.
The Group boasts the 5th spot among the 12 French companies distinguished, and is the only French bank in the ranking.
“We are really proud to be part of this internationally-renowned ranking and to see our progress. It reflects BNP Paribas’ efforts to contribute to the world’s sustainable economic development, particularly by financing the economy in an ethical way. Moreover, it is recognition for the teams which have worked on these themes in all the Bank’s business lines”, says Laurence Pessez, Head of Corporate Social Responsibility at BNP Paribas.
Based in Toronto, Corporate Knights is the “Magazine for Clean Capitalism” but also an independent research and advisory company in investments. Its Global 100 ranking honours the most sustainable companies in their sector out of 4,353 listed companies with a market capitalisation of more than US$ 2 billion.
BNP Paribas has a presence in 75 countries with more than 185,000 employees, including 145,000 in Europe. It ranks highly in its two core activities: Retail Banking & Services (comprised of Domestic Markets and International Financial Services) and Corporate & Institutional Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.