BNP Paribas, a leading global banking and financial services provider, is headquartered in Paris, France. Founded in 2000 through the merger of Banque Nationale de Paris and Paribas, the institution has established a strong presence across Europe, North America, and Asia. Operating within the banking industry, BNP Paribas offers a diverse range of services, including retail banking, investment solutions, and asset management. The bank is renowned for its innovative products, such as sustainable financing and tailored leasing solutions, which set it apart in a competitive market. With a commitment to responsible banking, BNP Paribas has achieved significant milestones, including recognition as one of the world's largest banks by assets. Its strategic focus on digital transformation and customer-centric services further solidifies its position as a key player in the global financial landscape.
How does Bnp Paribas'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.
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.
Bnp Paribas's score of 57 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BNP Paribas reported significant carbon emissions, with Scope 3 emissions from investments amounting to approximately 15,900,000 kg CO2e. In 2022, the bank's total emissions included 45,353,000 kg CO2e from Scope 1, 120,659,000 kg CO2e from Scope 2 (market-based), and 75,850,000 kg CO2e from Scope 3 (business travel). The total emissions for 2021 were reported at 284,000,000 kg CO2e, with Scope 1, 2, and 3 emissions contributing 50,000,000 kg CO2e, 201,000,000 kg CO2e, and 33,000,000 kg CO2e, respectively. BNP Paribas has set ambitious climate commitments, aiming to reduce greenhouse gas emissions per full-time employee (FTE) by 20% by 2025 compared to 2019 levels. Additionally, the bank has committed to reducing its credit exposure to oil and gas exploration and production activities by 12% between 2020 and 2025. The Group also aims to maintain operational greenhouse gas emissions below 1.85 tCO2eq/FTE by 2025, representing a 16.6% reduction. Furthermore, BNP Paribas Asset Management has published a Net Zero Roadmap, targeting net zero portfolio emissions by 2050 or sooner. The bank's broader strategy includes a commitment to achieve a 30% reduction in the carbon footprint of its in-scope corporate investments (Scope 1 & 2) by 2025 and a 50% reduction by 2030. Overall, BNP Paribas is actively working towards reducing its carbon footprint and aligning its operations with global climate goals, demonstrating a commitment to sustainability and responsible investment practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 62,148,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 183,092,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 |
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.
Bnp Paribas is participating in some 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.
