Jean-Laurent Bonnafé, Chief Executive Officer and Director of BNP Paribas
La Tribune – “The future of BNP Paribas is nessarily one that is post energy transition

“It is corporations that have made the most progress since 2015 towards the zero carbon target by 2050.

Society’s energy transition necessarily involves offers of services, techniques and technologies that only companies can design.
Our role as a bank is to support them on a daily basis and to offer them financing solutions to build the future.

We must remain humble and lucid on the work accomplished so far, and also very aware and mobilized in the face of the magnitude of the task that we must collectively accomplish.”

The world entered a new era towards climate action in 2015 when the United Nations published its Sustainability Development Goals (SDGs) and the Paris Agreement set a target to become a net zero emissions world from 2050.

Net zero means ensuring human-led activities do not add new greenhouse gas emissions into the atmosphere that are not being compensated. Achieving this objective is key to keep global warming at well below 2°C above pre-industrial levels as set forth by the Paris Agreement. Practically, this means drastically reducing emissions immediately and over the next 10 years while working at developing effective compensation mechanisms.

All sectors have engaged in transitioning toward a low carbon economy and finance plays a key role in accelerating the effort. Sustainability-linked financing is becoming more mainstream and increasingly offers issuers more competitive pricing opportunities compared to standard financial instruments.

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Net emissions

Accelerating the global shift towards a low carbon economy

Antoine Sire, Head of Engagement at BNP Paribas, talks about the necessity of accelerating the global shift towards a low carbon economy and how BNP Paribas contributes to accomplishing this.

Sustainability 7 min 23 March 2021

Find out more about
low carbon challenges and opportunities

Energy transition

Solutions

Dissecting developments in sustainable capital markets and looking ahead to transition trends in 2021.

Sustainability

During this pivotal year of COP26, industry collaboration on climate action and biodiversity are key, and banking has a crucial role to play.

Sustainability

A new University of Cambridge Institute for Sustainability Leadership report examines how banks can help transform the economy to a low-carbon one by 2030.

Sustainability

Treasurers are finding new ways and tools to enhance liquidity management in the low interest rate environment.

Tech & Innovation

GRASFI research highlights the need for better information, science-based frameworks and a better understanding of biodiversity loss.

Sustainability

Emmanuelle Aubertel, ESG advisor at BNP Paribas, explains what net-zero is and why it’s key ahead of COP26.

Sustainability

Sustainability leaders across the Americas look at how industries can help drive tangible progress in achieving a net zero future.

Sustainability

Global Capital awards BNP Paribas Research and Strategy House, Credit, Structured Products and Commodity Derivatives House.

Markets

The Development Bank of Japan’s latest sustainability bond is a response to both climate change and Covid-19.

Sustainability

Hong Kong’s REIT market is poised for a long-awaited resurgence, thanks to recent reforms and a policy-led push to deleverage the Chinese property sector.

Regulation

BNP Paribas achieved solid results in Global Custodian’s 2021 Hedge Fund Administration and Prime Brokerage Surveys.

Market Trends

As companies increasingly prioritize ESG within their business strategies, corporate treasury emerges as a launch pad for the implementation of sustainability initiatives.

Sustainability

At a time when ESG data is the new gold, artificial intelligence (AI) has a key role to play in analysing and assessing data.

Engagement

Unpacking the latest finance developments on the road to COP26, as the UK issues its inaugural Green Gilt, the world’s largest sovereign green bond.

Engagement

Paper-based documentation and chops are disappearing across Asia as a result of relaxed regulations and new technologies.

Tech & Innovation

Companies have needed more support from their trade finance providers, and BNP Paribas came on top, the 2021 Coalition Greenwich Trade Finance Study found.

Market Trends

The pandemic has forced a reset for the global aviation industry. Can it also be a chance to plot a new course toward net-zero?

Sustainability

How do young adults (18-35 years old) conceive mobility? We discussed the results from the Movin’On & Kantar study with three of them.

Engagement

Food, liquor and convenience retailer Coles has connected the diversion of waste from landfill to its cost of capital with the largest sustainability-linked loan in Australia’s retail sector.

Sustainability

The ESG Global Survey 2021

Sustainability

On being awarded the World’s Best Bank for Sustainable Finance, we dive into the levers behind the Banks’ unique approach on the pathway to net-zero

Engagement

Proceeds of $600 million bond to support green and social initiatives that reinforce the firm’s ESG commitments

Sustainability

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Decarbonisation

Solutions

BNP Paribas' top takeaways from Climate Week NYC 2019 from UNEP PRBs, sustainable and environmental finance, A Plastic Ocean, and World Cleanup Day.

Sustainability

Hear about the latest innovations shaping the sustainable finance market, from the rise of sustainability linked loans to investor and issuer perspectives on sustainability

Sustainability

Science-based targets embedded into sustainability-linked bonds are game changers for corporates to finance the transition towards a low carbon economy.

Sustainability

The pandemic has forced a reset for the global aviation industry. Can it also be a chance to plot a new course toward net-zero?

Sustainability

TEESS, a TotalEnergies and Envision JV, has closed a landmark green loan, the first international non-recourse project financing in China’s renewable sector.

Sustainability

Carbon neutral mobility is just around the corner thanks to a collective effort; the financing ecosystem must adapt to make sustainable mobility a reality.

Sustainability

Finance could play a vital role in mobilising clean tech to reach net zero across the economy.

Tech & Innovation

Global insurer AXA strengthened its sustainability leadership with an inaugural €1bn Tier 2 Subordinated Green Bond aligned to its new framework.

Sustainability

Australia's Sunshine State has found a sustainable solution to improve its energy efficiency by storing its power with a new battery technology.

Tech & Innovation

Combining the latest innovations in solar technology and record-breaking size, the Al Dhafra solar power plant in Abu Dhabi sets a new milestone in renewable energy.

Sustainability

On October 8 2020, Movin'On Community of Interest on Energy Efficiency |amp; Financing Transition ran virtual working session to accelerate solutions adoption.

Sustainability

Movin'On partners BNP Paribas, Solar Impulse, Michelin and Engie are teaming up to scale up investment in energy efficiency. Here's why it matters.

Sustainability

National Grid's Viking Link green loan marks yet another milestone in sustainable financing. Will it propel the UK to a low-carbon economy?

Sustainability

Energy efficiency is key in reducing harmful emissions, but investment is stagnating. How can we stimulate funding and generate new solutions?

Sustainability

BNP Paribas' sustainable finance teams supported gas distribution network provider Cadent in the launching of the UK's first ever transition bond.

Sustainability

1/6

Market Trends

Client stories

Sustainability

Sparking a clean energy revival in the US

Sustainability

A digital green growth for Japan?

Sustainability

Momentum building on UK economy transition

cib_Asia march to net zero
Regulation

Asia’s march to net-zero

Solutions

Investors' advocacy and governments' net-zero commitments will push Asia's responsible recovery, spurring a boom in sustainable finance in 2021.

Sustainability

Reflecting on how the latest sustainable finance developments can help tackle critical climate and social challenges.

Sustainability

"Scaling up blended finance for low-carbon and green transition" was the focus of a One Planet event in Paris aiming to trigger effective climate action.

Sustainability

The pandemic has forced a reset for the global aviation industry. Can it also be a chance to plot a new course toward net-zero?

Sustainability

TEESS, a TotalEnergies and Envision JV, has closed a landmark green loan, the first international non-recourse project financing in China’s renewable sector.

Sustainability

Carbon neutral mobility is just around the corner thanks to a collective effort; the financing ecosystem must adapt to make sustainable mobility a reality.

Sustainability

Finance could play a vital role in mobilising clean tech to reach net zero across the economy.

Tech & Innovation

Global insurer AXA strengthened its sustainability leadership with an inaugural €1bn Tier 2 Subordinated Green Bond aligned to its new framework.

Sustainability

Australia's Sunshine State has found a sustainable solution to improve its energy efficiency by storing its power with a new battery technology.

Tech & Innovation

Combining the latest innovations in solar technology and record-breaking size, the Al Dhafra solar power plant in Abu Dhabi sets a new milestone in renewable energy.

Sustainability

On October 8 2020, Movin'On Community of Interest on Energy Efficiency |amp; Financing Transition ran virtual working session to accelerate solutions adoption.

Sustainability

Movin'On partners BNP Paribas, Solar Impulse, Michelin and Engie are teaming up to scale up investment in energy efficiency. Here's why it matters.

Sustainability

National Grid's Viking Link green loan marks yet another milestone in sustainable financing. Will it propel the UK to a low-carbon economy?

Sustainability

Energy efficiency is key in reducing harmful emissions, but investment is stagnating. How can we stimulate funding and generate new solutions?

Sustainability

BNP Paribas' sustainable finance teams supported gas distribution network provider Cadent in the launching of the UK's first ever transition bond.

Sustainability

1/6

Movin’On

BNP Paribas is a long lasting partner of this international ecosystem on Sustainable Mobility, alongside of more than 250 companies.