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 54 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 a carbon footprint of approximately 284,000,000 kg CO2e, with emissions distributed across various scopes: 50,000,000 kg CO2e from Scope 1, 201,000,000 kg CO2e from Scope 2, and 33,000,000 kg CO2e from Scope 3. The bank has set ambitious targets to reduce greenhouse gas emissions, aiming for a 20% reduction in emissions per full-time equivalent (FTE) by 2025 compared to 2019 levels, specifically targeting Scope 1 and Scope 2 emissions. Additionally, BNP Paribas has committed to reducing its credit exposure to oil and gas exploration and production activities by 12% between 2020 and 2025, which applies to both upstream and downstream Scope 3 emissions. The bank's broader climate strategy includes maintaining operational greenhouse gas emissions below 1.85 tCO2eq/FTE by 2025, representing a 16.6% reduction from 2020 levels. In terms of long-term commitments, BNP Paribas has outlined a roadmap to achieve net-zero portfolio emissions by 2050 or sooner, reinforcing its dedication to climate action. The bank's climate initiatives are supported by its participation in the Science Based Targets initiative (SBTi), although it has not yet committed to a net-zero target. Overall, BNP Paribas is actively working towards significant emissions reductions while aligning its operations with global climate goals, reflecting its commitment to sustainability and responsible banking practices.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
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 |
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.