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Financial Intermediation
LU
updated 9 days ago

BGL BNP Paribas S.A.

Company website

BGL BNP Paribas S.A., a prominent financial institution headquartered in Luxembourg (LU), is a key player in the banking and financial services industry. Established in 2009, following the merger of BGL and BNP Paribas, the bank has since expanded its operations across Europe, particularly in retail banking, corporate banking, and investment services. The bank offers a diverse range of products, including personal banking, wealth management, and corporate financing solutions, distinguished by their customer-centric approach and innovative digital services. BGL BNP Paribas S.A. has solidified its market position through strategic partnerships and a commitment to sustainable finance, earning recognition for its contributions to the local economy and community development. With a focus on excellence and reliability, the bank continues to thrive in a competitive landscape.

DitchCarbon Score

How does BGL BNP Paribas S.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

53

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

28

Industry Benchmark

BGL BNP Paribas S.A.'s score of 53 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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BGL BNP Paribas S.A.'s reported carbon emissions

Inherited from BNP Paribas Fortis SA

BGL BNP Paribas S.A., headquartered in Luxembourg (LU), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the organisation is part of a corporate family that includes BNP Paribas SA, from which it inherits climate commitments and reduction targets. As a current subsidiary of BNP Paribas SA, BGL BNP Paribas S.A. aligns with the broader sustainability initiatives of its parent company. BNP Paribas SA has set science-based targets (SBTi) aimed at reducing greenhouse gas emissions across its operations. These targets are cascaded down to BGL BNP Paribas S.A. at a level 2 relationship, ensuring that the subsidiary adheres to the same rigorous climate commitments. While specific reduction targets for BGL BNP Paribas S.A. are not detailed, the overarching goals from BNP Paribas SA reflect a commitment to significant emissions reductions in line with global climate standards. The organisation is also involved in various climate initiatives, although specific participation in RE100, CA100, or other climate pledges is not reported. In summary, while BGL BNP Paribas S.A. does not provide specific emissions data or reduction targets, it is committed to the climate initiatives and targets set by its parent company, BNP Paribas SA, ensuring alignment with industry standards for sustainability and emissions reduction.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2024
Scope 1
9,059,000
Scope 2
29,151,000
Scope 3
51,101,021,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BGL BNP Paribas S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for BGL BNP Paribas S.A. is in LU, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

BGL BNP Paribas S.A. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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