Energy transition: BNP Paribas, the number one bank according to NGOs
The impact of the Group’s financing and investment policies recognized by 55 NGOs.
Over 36 international banks analyzed in the report, BNP Paribas ranks as the best bank regarding its financing and investment policies in the fossil fuel sector. With an overall score of C+, BNP Paribas is the 1st bank before Crédit Agricole, Société Générale, ING, Morgan Stanley or Deutsche Bank.
NGOs notice that BNP Paribas’ support to fossil fuels has decreased over the 2015-2017 period, and that the Group is no longer part of the most exposed banks to this sector.