Co-Headline Sponsor for the European Stage
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards. We offer secure, sound and innovative financial solutions to individuals, professional clients, corporates and institutional investors while striving to address the fundamental challenges of today with regard to the environment, local development and social inclusion.
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 20,000 employees* and a presence in 13 markets, BNP Paribas offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
* excluding partnerships
Our sustainability goals for 2024:
Determined to align its credit portfolio with net-zero trajectories and support the global transition to a low-carbon economy, BNP Paribas is committed to significantly reducing the greenhouse gas emission intensity of its financing in high-emission sectors.
In 2022, the Group set targets to decarbonise its portfolio in three key sectors: oil and gas, power generation and automotive. By the fourth quarter of 2023, it had already met its 2025 exposure reduction targets for the oil and gas sectors. In 2023, new targets were established for the steel, aluminium and cement production sectors.
This year, BNP Paribas is extending its commitments to three additional key sectors: aviation, shipping and commercial real estate. By 2030, the Group targets to reduce its portfolio emissions intensity by 18% for air transport, 23% for maritime transport and 31% for commercial real estate, all compared to the 2022 baseline.
As of September 2023, low-carbon energies account for 65% of BNP Paribas’ energy exposure. Low carbon energies, which produce minimal to no greenhouse gases, include renewable energies, biofuel and nuclear energy. Notably, the Group’s financing for renewable energy has surpasses its financing for all fossil fuels. The initial 80% target for low-carbon set for 2030 has been advanced to 2028, with an updated goal of 90% by 2030.
Find out about our progress: https://group.bnpparibas/en/sustainable-finance-follow-our-progress-in-figures
Solutions Showcase:
UN SDG goals that we align with:
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