Rated for year 2021: Neutral<\/p>\n
Score: 0<\/p>\n
Groupe de r\u00e9f\u00e9rence: banque<\/p>\n
February 2021: BNP Paribas, has pledged to stop financing firms producing or buying either beef or soya beans cultivated on land in the Amazon cleared or converted after 2008.<\/p>\n
*** 2020 ***<\/p>\n
The bank can invest and in and finance projects harmful to animals. Animal-rights Althought the bank mentions that it is part of the “Benchmark for Farm Animal Welfare”, there is no indication in the public documents<\/a> published by the bank (ex:\u00a0 Article 173 report,<\/a> PRI Transparency code<\/a>, ESG integration guidelines<\/a>) that the bank would prevent itself from investing or financing projects or companies directly or indirectly involved in animal exploitation such as: meat industries, skin and fur sectors, animal experimentation, entertainment using animals. For these reasons, BNP Paribas score and rating cannot be greater than 0 “neutral”.<\/p>\n *** 2017 ***<\/p>\n Investment in renewable energies have increased by 29% from \u20ac 7.2 to 9.3 billion from 2015 to 2016 (p 458 of 2016 registration document); BNP Paribas has participated in the issue of the 1st French sovereign green bond. We note that the bank\u2019s exclusion list excludes financing projects related to the trading of animals mentioned on the sur la liste CITES<\/a> (p 459 du document de r\u00e9f\u00e9rence 2016).<\/p>\n The bank has signed the Equator Principles where ESG projects are classified by categories A\/B\/C; A represents the most polluting projects, and C the least. Concerning the bank\u2019s performance related to the Equator Principles, we observe more investment in polluting projects from 2015 to 2016: from 0 category A \/ 12 category B \/1 category C in 2015 to 3 category A\/ 14 category B \/ 0 category C in 2016, so an increase of +3 category A highly polluting projects. But in comparisons with other French banks of the same peer group, since 3 category A projects financed by BNP are still less than 7 projects of category A financed by Societe Generale, 7 category A by Credit Agricole, and 5 category A by Natixis, the BNP Paribas’s score is higher than its competitors.<\/p>\n Cat\u00e9gorie A - Projets pr\u00e9sentant des risques environnementaux et sociaux n\u00e9gatifs potentiels importants et \/ ou divers, irr\u00e9versibles ou sans pr\u00e9c\u00e9dent; BENEFICIAL ASPECTS: wildlife investment exclusion; stops financing firms producing or buying beef from deforested land in the Amazon<\/p>\n HARMFUL ASPECTS: animal welfare and rights are not investment or financing criteria<\/p>\n Reuters – France’s BNP to stop financing firms farming deforested land in the Amazon<\/a><\/p>\n BNP Paribas reports on sustainable investments<\/p>\n Document de r\u00e9f\u00e9rence BNP PARIBAS 2016<\/a><\/p>\n
\nCat\u00e9gorie B - Projets ayant des risques environnementaux et sociaux n\u00e9gatifs et limit\u00e9s potentiels qui sont peu nombreux, g\u00e9n\u00e9ralement sp\u00e9cifiques au site, largement r\u00e9versibles et facilement trait\u00e9s par des mesures d'att\u00e9nuation; et
\nCat\u00e9gorie C - Projets avec des risques et \/ ou impacts environnementaux et sociaux n\u00e9gatifs minimes ou nuls<\/p>\nSources:<\/h4>\n