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Our CSR Vision

Photo : NICOLE NOTAT.

INTERVIEW : NICOLE NOTAT, CEO OF VIGEO

What are the challenges for companies in terms of extra-financial ratings?

The world is built in such a way that a business, especially when it acts on the world stage, can no longer ignore the extension of its responsibility to a given number of factors and to the social and environmental challenges facing the planet and relayed by civil society organisations and public opinion. Something that was tolerated 10 years ago may not necessarily be tolerated today; what is legal today may not necessarily be tolerated by opinion and society, and as such is not necessarily deemed as ethical or responsible. The company cannot neglect these new areas of responsibility which it is expected to foresee, prevent and manage.

What are these new areas of responsibility?

They cover a wide range of realities, such as acting as an employer, a buyer, a seller, and a responsible financer. For a bank, this means being able to fund a sustainable economy and growth. “BNP Paribas, the bank for a changing world” is a wonderful promise that calls for responsible, ethical behaviour and action. The rise of green bonds, which allow banks to help fund the energy transition, is encouraging in this respect. In 2014, BNP Paribas launched the first World Bank Green Bond linked to an equity index composed entirely of companies chosen according to CSR criteria with our help; this has been a real success.

The call for responsibility and for transparency has created professions like ours which provide extra-financial ratings. These ratings can certify a company’s level of maturity in terms of the key social and environmental factors that affect it.

BNP Paribas’ public positions

FUNDAMENTAL AND SECTOR-SPECIFIC PUBLIC POSITIONS PROVIDE THE FRAMEWORK FOR BNP PARIBAS’ APPROACH TO CORPORATE SOCIAL RESPONSIBILITY.

With a presence in 75 countries, the Group carries out its operations in full compliance with universal rights and principles, and as contributor to or active member of:

THE GROUP ACTIVELY TAKES PART IN DESIGNING SOLUTIONS AND IMPLEMENTING LONG-TERM PRACTICES SPECIFIC TO THE FINANCE SECTOR WITHIN THE FRAMEWORK OF: