Bnp Paribas

BNP Paribas, a leading commercial bank headquartered in France, is committed to significant carbon emissions reductions. In 2025, the organisation reported total emissions of approximately 94.6 billion kg CO2e. This figure includes Scope 1, Scope 2 (location-based), and Scope 3 emissions, with a substantial portion attributed to investments. For Scope 1, emissions were around 21.5 million kg CO2e. Scope 2 emissions, on a market-based approach, were approximately 51.8 million kg CO2e.

Looking at historical data, BNP Paribas reported total emissions of approximately 94.5 billion kg CO2e in 2023, with Scope 1 at approximately 25.4 million kg CO2e and Scope 2 (market-based) at around 66.8 million kg CO2e. In 2022, total emissions were approximately 94.5 billion kg CO2e, with Scope 1 at about 45.4 million kg CO2e and Scope 2 (market-based) at approximately 120.7 million kg CO2e. In 2021, total emissions were approximately 284 million kg CO2e, including Scope 1 of about 50 million kg CO2e and Scope 2 (market-based) of approximately 99.1 million kg CO2e.

BNP Paribas has set several reduction targets. The group aims to reduce GHG emissions by 20% by 2025 compared to 2019, covering both Scope 1 and Scope 2 intensity. Furthermore, they are committed to reducing credit exposure to oil and gas exploration and production activities by 12% between 2020 and 2025. BNP Paribas Cardif has also committed to reducing the carbon footprint of its investment portfolios by 23% between 2020 and 2024. The company has also set a near-term target to reduce the carbon footprint of its in-scope corporate investments (scope 1 & 2) by 30% by 2025, with a further target of 50% by 2030. Arval, a subsidiary, aims to reduce the average tailpipe CO2 emissions of its leased fleet by 35% by 2025 compared to 2020. The long-term ambition is to achieve net zero portfolio emissions by 2050 or sooner, aligning with a collective move towards global carbon neutrality.