A responsible bank
BNP Paribas is committed for a positive impact
Our commitment is to our clients, our people and our planet
We are proud to play an active role in both driving forward new sustainable business opportunities and helping the local communities in which we work throughout the UK.
We’re also committed to our staff and ensuring their health and wellbeing are top of our agenda. Whether sponsoring Black Pride, addressing the gender pay gap or training our employees as Mental Health First Aiders, our people are driving our sustainability efforts, and we’re working to support them every step of the way.
As well as detail on our commitments to the environment and diversity and inclusion, here you can also find:
- Environmental Responsibility: Reducing our operational footprint
- Environmental Policies 2023
- Our Commitment to the UK Money Market Code
- How to avoid scams with Be Alert
- Our whistleblowing framework
- Our anti-bribery and corruption statement
- Financial Services Compensation Scheme
- Our commitments on modern slavery and human trafficking
- Our UK tax strategy
- Section 172(1) statements
- Our statement on anti-tax evasion measures
- Country-by-country reporting on capital adequacy
- BNP Paribas Trust Corporation Disclosures
Discover what we do to put in action our economic, social, civic and environmental responsibility
At BNP Paribas UK we are looking at Diversity, Equity and Inclusion through four pillars (Gender, Race & Ethnicity, Disability & Mental Health and LGBTQ+) with a strong focus on intersectionality.”Ama Ocansey, Head of UK Diversity & Inclusion
Diversity & inclusion
We are committed to Gender equality and are proud signees to the Women in Finance Charter, the HeforShe initiative and #JamaisSansElles.
You can find our Gender Pay Gap reports here
Our development programme for mid-career women has now run successfully for four consecutive years, with the aim of helping female employees strategically manage their careers and further strengthen our pipeline of female talent. Last year brought a new focus on intersectionality, acknowledging some of the unique challenges for women with diverse characteristics and backgrounds.
Women in Global Markets
This is a global business driven initiative launched by Global Markets designed to drive gender diversity by leveraging BNP Paribas Global Markets’ networks and business knowledge to implement measurable and achievable targets.
Race & Ethnicity
BNP Paribas is committed, along with our entire UK leadership team, to ensuring that every employee feels valued and supported.
In July 2020, BNP Paribas signed the Business in the Community (BITC) Race at Work Charter, a widely recognised and respected framework to help businesses tackle barriers that ethnic minority colleagues face in recruitment and career progression. The signing saw the appointment of Simon Olenka, Regional Head of UK and Middle East, Securities Services, as the CIB UK Executive Sponsor for Race and Ethnicity, working with UK Head of Diversity and Inclusion Ama Ocansey to drive forward initiatives. The business also established a working group on Race & Ethnicity, made up of diverse talents from across the business.
We have formed productive partnerships to help address our talent pipeline, including Sponsors for Educational Opportunity (SEO), a charitable organisation helping us to strengthen our capabilities to attract diverse profiles of candidate, and the #10000BlackInterns programme.
B.L.A.C.K in Global Markets
In 2021 Global Markets launched B.L.A.C.K in GM (Building Leaders, Allies, Careers and Knowledge in GM) in the UK. It is Global Markets’ first business-led racial diversity initiative, sponsored by Head of Global Markets UK Arne Groes, that aims to improve our racial diversity through raising awareness on topics such as unconscious bias, promoting the benefits of racial diversity internally and through partnerships with local secondary schools.
Disability & Mental Health
Creating an inclusive working environment for those with all forms of disability is an important part of our UK Diversity and Inclusion agenda. BNP Paribas signed the International Labour Organisation Charter in 2016 in order to strengthen our commitment to disability across all BNP Paribas territories. This expresses Group Management’s desire of a global innovative approach and by committing to go beyond legal requirements.
In the UK our Disability work has focused on improving our support of neurodiverse employees and removing barriers to those with disabilities in the recruitment process. As first of its kind we now offer a diagnostic benefit for staff and families. We have recently become a level 2 status Disability Confident Employer.
Ambitious about Autism
In 2021 we started to collaborate with Ambitious about Autism, a UK charity dedicated to bridging the gap between education and employment for young people with autism. The charity has created a great framework for providing advice to young people, helping them navigate obstacles faced in career development, whilst engaging employers like BNP Paribas on issues around recruiting and developing a neurodiverse workforce. The partnership challenges recruitment processes, promotes more inclusive thinking and drive innovation, which in turn will help future-proof the business.
When it comes to supporting your mental health, we are conscious that there is no one-size-fits-all approach. We know that a productive workforce is one that is mentally healthy, that’s why wellbeing is, and will remain, a priority area of our UK programme. To help further our ambitions, we are pleased to be offering mental health training sessions, health assessments, menopause support and nutritional therapy.
Since 2015 when Jean-Laurent Bonnafé signed the L’Autre Cercle engagement charter to promote diversity and inclusion of LGBTQ+ staff, BNP Paribas has been actively fighting homophobia, transphobia and biphobia, in order to create an inclusive and safe workplace for all its employees – no matter what their sexual orientation and/or gender identity – and to support employees who could be victim of discriminations.
In the UK as part of our support of the LGBTQ+ community, we have been proud partners of Black Pride for five years and are named partners of Canterbury Pride and are also involved in other local Pride events in Swindon and Wiltshire, Birmingham and Belfast. More recently we have partnered with Opening Doors, a charity that works alongside LGBTQ+ people over 50 in the UK and supports them against isolation, loneliness, discrimination and prejudice.
We further launched a Gender Transition Guide for staff – a big step forward in our support of transgender employees and are encouraging all employees to use their personal pronouns.
We are also starting to look at social mobility.
Women in Finance Charter
“Diversity is a business imperative. It fosters better decision making, enriches our talent pool and drives innovation. A cornerstone of BNP Paribas’ diversity agenda is gender equality, and I am pleased that by signing the Women in Finance Charter, we are making a commitment that will support the progress of women in our organisation.”
Emmanuelle Bury, UK Country Head
Supporting gender equality at BNP Paribas
Long a supporter of equality, over the years we have joined forces with a number of organisations that help drive greater equality, reflecting its growing importance in business and society.
We are committed to the ideal of giving everyone the opportunity to grow and develop. Our Menopause at Work and New & Expectant Parents initiatives have been developed to support employees at the intersections of key life events and points in their careers. The programmes are supported by our gender balance employee network.
We signed the UN’s Women Empowerment Principles in 2011, and in 2018 became a thematic champion of the UN’s HeforShe initiative. By doing so we give our commitment to increasing the gender mix in traditionally male or female-dominated professions within the banking industry, and supporting women entrepreneurs working to develop renewable energies all over the world.
43 per cent of our global Board of Directors are women. We have implemented gender targets for participation in our leadership programmes to ensure we continue to have a strong pipeline of female talent for key roles.
We have a vibrant employee network focused on gender equality, which, alongside our five other networks – disability, LGBT, parents & carers, early careers and ethnicity – helps create and support an inclusive environment for all women, at all stages of their life and career.
Environmental Responsibility: Reducing Our Operational Footprint
Climate Change is undeniably one of the greatest challenges of our times. In 2019, the UK government committed to bring all greenhouse gas emissions to net zero by 2050. BNP Paribas UK is going further than ever before to play its part, whilst supporting the UN Sustainable Development Goals.
By engaging with our employees and working in partnership with our suppliers, we are committed to reducing the impact of our UK operations on the environment. We’ve been measuring our carbon footprint since 2012, and since then we have reduced our greenhouse gas emissions per employee by 57% and continue to off-set those emissions that cannot yet be directly avoided or reduced.
Our current target is to reduce absolute scope 1 and 2 greenhouse gas emissions across our UK operations by 60% by 2030 against a 2018 baseline. We’re investing in even more energy efficiency technologies across our sites; we’re transitioning to a greener fleet; and are committed to procuring 100% of our electricity from renewable sources.
In addition to reducing our carbon emissions, we continue to focus on setting new ambitious goals around resource management, including the removal of single-use plastics from our UK operations by the end of 2020 in line with our Ocean Protection Statement, and actively engaging with our suppliers on sustainability
Progress against our key targets
Reducing our carbon emissions
In the UK, our primary objective is to support the BNP Paribas Group in reducing scope 1, 2 and 3 (business travel) greenhouse gas emissions to 1.85teqCO2 by 2025. In 2022, BNP Paribas UK achieved a 57% reduction in greenhouse gases per employee compared to a 2012 baseline.
In addition to this, we plan to reduce absolute scope 1 and 2 greenhouse gas emissions across our UK operations by 60% by 2030 (compared to a 2018 baseline). To do this, we will invest in further energy efficiency technologies across our sites and transition to a greener fleet.
Our Carbon Management Strategy for our UK operations provides a roadmap, targeting energy efficiency, travel reduction and our supply chain. We track progress annually and our UK Environmental Performance Data is independently verified by Deloitte. Please click here for access to the latest assurance statement.
Since 2017 the BNP Paribas Group has continued to off-set carbon emissions* that cannot yet be directly avoided or reduced through pioneering conservation projects.
Renewable Energy Procurement
In 2022, 99.8% of our UK electricity needs were met from renewable energy sources, backed by verified Renewable Energy Guarantee of Origins (REGO’s) and we continue to strive to reach our 100% target.
Driving Energy Efficiency
In 2022, the UK achieved a 14% decrease in energy intensity (kWh/m2) compared to 2012. Energy efficiency continues to be our core focus, as we continue to invest in energy-efficient technologies and practices across the UK operations, and engage with both internal and external stakeholders.
Minimising our business travel footprint
Business travel reduced significantly during the pandemic and minimising business travel moving forwards continues to be a focus for the BNP Paribas Group and forms part of the UK Carbon Management Strategy.
Using resources responsibly
The BNP Paribas Group is committed to the circular economy and previously set a target to reduce paper consumption by 43%* by 2020. The target was achieved in 2019. In the UK, we continue to reduce paper use in-line with new Group Targets by investing in digital solutions, while adhering to a Group wide sustainable paper sourcing policy.
As outlined in the Ocean Protection Statement we are committed to tackling plastic pollution by phasing out of single-use petrochemical based plastics across operations by 2020. Our approach to resource management in the UK supports the circular economy and principles of the waste hierarchy, and we continue to focus on the removal of all single-use items, not just plastics.
*per employee, compared to a 2012 baseline.
Engaging our Employees
We run environmental campaigns throughout the year to educate all our employees across the UK on their own environmental impact, and the difference they can make, at work and home through their own behaviours and advocacy.
From our annual World Environment Day campaign to engaging our employees on the challenges of waste, recycling and plastic use, we know that our impact will be greater if we take our employees on our journey towards a healthier planet and future for all.
Working with our Supply Chain
Our Sustainable Sourcing Charter outlines the economic, environmental and social commitments that our suppliers are required to adopt.
In the UK, we pro-actively collaborate with our suppliers to ensure that our own operations are more sustainable, and to share best practice.
To act as a framework we have implemented environmental management systems certified to ISO14001:2015, with >70% of UK operations currently certified.