Building a sustainable business
Our ethos that a ‘sustainable business is a responsible business’ underpins each of the solutions we offer. Around the world, our employees are committed to implementing Group-wide Corporate Social Responsibility sector policies and continuously developing responsible business offerings. BNP Paribas incorporates environmental, social and governance criteria into its investment products and offers a diversified range of socially responsible investment (SRI) funds. In 2014, the bank launched the first World Bank equity index-linked green bonds in response to market evolution and investors’ changing expectations.
We have committed to analysing our investments in accordance with specific environmental, social and governance (ESG) criteria, as set out by a number of international organisations. To expand our requirements beyond those of the mandatory legal framework, we have voluntarily adopted specific policies across seven sectors.
BNP Paribas was ranked 2nd in Bloomberg’s ‘World’s Greenest Banks’ and is listed on the FTSE4Good Index, the United Nations Global Compact 100 and the Dow Jones Sustainability Index. In January 2015, BNP Paribas joined the Global 100 Most Sustainable Corporations in the World, a list which rates the top 100 companies in terms of sustainable development performance. It is the first time BNP Paribas has been included in this prestigious ranking presented at the World Economic Forum at Davos.
Investors are increasingly interested in bond issues to finance sustainable, green and socially responsible projects. In early 2014, the newly created Sustainable Capital Markets team enabled BNP Paribas to take a decisive step in advising customers and designing a diverse and innovative range of green bonds. The World Bank’s first structured green bond was launched and will support programmes to combat climate change.