BNP Paribas Asset Management Luxembourg, a prominent player in the asset management industry, is headquartered in Luxembourg (LU) and operates across key regions including Europe, Asia, and the Americas. Founded in 2008, the firm has rapidly established itself as a leader in sustainable investment solutions, focusing on equity, fixed income, and multi-asset strategies. With a commitment to responsible investing, BNP Paribas Asset Management offers a range of innovative products and services that cater to diverse client needs. Its unique approach integrates environmental, social, and governance (ESG) criteria into investment processes, setting it apart in a competitive market. The firm has achieved notable recognition for its sustainable investment practices, reinforcing its position as a trusted partner for institutional and retail investors alike.
How does Bnp Paribas Asset Management Luxembourg'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 Asset Management Luxembourg's score of 29 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BNP Paribas Asset Management Luxembourg reported total carbon emissions of approximately 27,792,426,000 kg CO2e. This figure includes Scope 1 emissions of about 3,217,630,000 kg CO2e, Scope 2 emissions of approximately 991,077,000 kg CO2e, and significant Scope 3 emissions totalling around 24,563,720,000 kg CO2e. The previous year, 2022, the company recorded total emissions of about 4,618,853,000 kg CO2e, with Scope 1 emissions at approximately 3,517,383,000 kg CO2e and Scope 2 emissions around 1,010,159,000 kg CO2e. Despite these substantial figures, there are currently no publicly disclosed reduction targets or specific climate pledges from BNP Paribas Asset Management Luxembourg. The absence of defined reduction initiatives highlights the need for further commitment to climate action within the asset management sector. Overall, the company’s emissions data reflects a significant carbon footprint, particularly in Scope 3 emissions, which often represent the largest share of total emissions for financial institutions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 3,517,383,000 | 0,000,000,000 |
Scope 2 | 1,010,159,000 | 000,000,000 |
Scope 3 | - | 00,000,000,000 |
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 Asset Management Luxembourg is not committed to any reduction initiatives 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.