BNP’s “Duty of Care” and a Lonely Start for Germany’s Female Execs
Sustainability Now
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How BNP Parabao Financing Impacts Climate Change
BNP financed more than $165 billion for fossil fuels between 2016 and 2022, according to some databases. BNP has 2025 net zero targets for oil and gas, energy and automotive sectors; plans its coal exit by 2040 worldwide. Last year, the bank reported more low carbon than fossil fuel energy production in a proportion of 28 against 24 billion euros respectively. It is a small percentage considering the huge portfolio of BNP Parabao, which is the second largest bank in Europe.
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