This company profile is not publicly available
Banking and financial services
One of the Europe's largest banks, BNP Paribas operates about 7,300 branches in more than 80 countries across Europe, North America, Africa, and Asia.
|BNP Paribas SA||FRA||website|
|BNP Paribas SA|
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
[Source 2019][More on Climate Change]
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This financial institution received a score of 62%.
[Source 2019][More on Forests]
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
[Source 2019][More on Workers Rights]
The Equator Principles (EPs) are a set of guidelines, based upon the Performance Standards and guidelines from the IFC, the World Bank's private sector lending arm for private banks to assess and mitigate risks in project finance. Banks use the Principles to guide internal operating procedures for transaction for specific projects. Although the EPs are an important step to raise overall standards of financiers and projects in the developing world, they currently fall short on transparency and governance requirements.
[Source 2018][More on Governance]
The 2020 Global 100 Most Sustainable Corporations in the World list is an extensive data-driven corporate sustainability assessment. The ranked companies are leaders in the field of a sustainable business approach. The efficiency of a company's energy, water, CO2 and waste management is measured in relation to its total sales volume. The disclosure of that information is a pre-condition for the assessment. Of the 427 companies in its peer group, this company ranked #3.
[Source 2020][More on Sustainability Reporting]
This company received an S&P Global ESG Score of 79/100 in the Banks category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
[Source 2019][More on Sustainability Reporting]
In 2015 the Fair Finance Guide ranked the top financiers of selected fossil fuels companies (loans & underwriting) and compared it to their financing of renewable energy. This bank appeared 5th in the list of top 25 fossil fuel funders, after providing US$56.7 billion for fossil fuels and only US$6.2 billion for renewable energy between 2009 and 2014.
[Source 2015][More on Climate Change]
The 2018 report "Banking on Climate Change" analyses 36 banks and their financing of tar sands oil, Arctic oil, ultra-deepwater oil, LNG, coal mining, and coal-fired power between 2015 and 2017. This bank invested over US$7 billion and received a C+ grade for its policies.
[Source 2018][More on Climate Change]
This document from BankSecrets.org outlines a number of harmful investments made by this bank between 2005 and 2009, including investments in oil companies operating in Sudan and the Canadian tar sands, arms producers (including nuclear weapons and cluster munitions), a controversial hydropower project in Chile and a controversial Indian mining company.
[Source 2009][More on Human Rights]
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$8 billion into 15 of the 20 nuclear weapons producers named in the report.
[Source 2018][More on Nuclear]
Fair Finance Guide International's 2015 report about transparency and accountability in the Financial Sector assessed and scored banks on four key aspects: publication of policies and risk management; disclosure of investments; reporting on engagement with companies and voting behaviour; and stakeholder dialogue. The report also scored those banks on their transparency on tax-related issues, including the extent to which they provided detailed, country-by-country information on key indicators on transparency and tax. The report places assessed banks in three categories: leaders, followers and laggards. This bank scored 4.7/10 (Follower) on the Transparency and Accountability theme, and 2.7/10 (Laggard) on the Taxes and Corruption theme.
[Source 2015][More on Governance]
Between 2013 and 2018 this company paid zero tax on a total income of $10 billion, earning the number 19 spot on Michael West's Top 40 Tax Dodgers 2020. West calculated which of Australia's largest companies have paid the least tax, or no tax, on the highest incomes using five years of tax transparency data published by the Australian Tax Office.
[Source 2020][More on Finance]
Nuclear power is a controversial, dangerous, and expensive form of energy generation. In the years 2000-2009 this company provided more than 13.5 billion euros of nuclear funding.
[Source 2009][More on Nuclear]
This Nov 2011 report by a group of NGOs examines the financing of 31 major coal-mining companies and 40 producers of coal-fired electricity by 93 banks since 2005, the year the Kyoto Protocol came into force. This bank appeared eighth on their list of 'Top Twenty Climate Killer Banks'. The NGOs are calling on the banks to shift their portfolios to renewables and energy efficiency and set and implement ambitious CO2 reduction goals for their financed emissions. [Listed under Information due to age of report]
[Source 2011][More on Climate Change]
This bank appeared at #14 in a list of banks backing expansion in the tar sands. They have loaned US$261 million to companies operating in the Canadian tar sands since 2007, according to Bloomberg. Extracting oil from tar sands produces between 3 and 5 times the greenhouse gas pollution of conventional oil production, pollutes water, destroys forests, and uses huge amounts of energy to process. [Listed under Information due to age of report]
[Source 2010][More on Habitats]
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target; responsible corporate engagement in climate policy; report climate change information in mainstream reports as a fiduciary duty; remove commodity-driven deforestation from all supply chains by 2020.
[Source 2017][More on Climate Change]
This company appears on the 2020 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
[Source 2020][More on Human Rights]
This bank is a member of the Banking Environment Initiative, which was created in 2010 by the chief executives of some of the world's largest banks. Its stated mission is to lead the banking industry in collectively directing capital towards environmentally and socially sustainable economic development.
[Source 2018][More on Governance]
This bank has endorsed the Green Bond Principles - a set of voluntary guidelines on the development and issuance of green bonds. Green Bonds enable capital-raising and investment for new and existing projects with environmental benefits.
[Source 2014][More on Governance]
Green Bonds enable capital-raising and investment for new and existing projects with environmental benefits. The Green Bond Principles are voluntary process guidelines that recommend transparency and disclosure and promote integrity in the development of the Green Bond market by clarifying the approach for issuance of a Green Bond.
[Source 2018][More on Multi-Stakeholder Initiatives]
This company received a score of 57.3/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2017][More on Sustainability Reporting]
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
[Source 2018][More on Finance]
This company is listed on the Facing Finance website as a financial institution which invests in companies that manufacture weapons or profit from violations of human rights, pollution, corruption, or international law. Follow link for further details.
BankTrack is a global network of civil society organisations and individuals tracking the operations of the banking sector and the activities they finance. BankTrack aims to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices. Follow the link to see this bank's profile.
The Corporate Research Project's Corporate Rap Sheets are dossiers summarising the most significant crimes, violations and other questionable activities of the world's largest and most controversial companies. Follow link to see this company's Corporate Rap Sheet.
|Company Structure||Public company|
|Revenue||US$123.5 billion in 2011|
|# Employees||49,784 in 2011 in World|
|Subsidiaries||BNP Paribas Australia & New Zealand|