Our economic responsibility

Sustainable finance relies on investment projects that combine civic engagement and financial performance.

BGL BNP Paribas finances the economy in a responsible manner through socially responsible investment (SRI) products, which contribute to the success of the UN Sustainable Development Goals.

• A range of responsible investment funds, which make it possible, for example, to invest in solutions related to climate change or to seize opportunities presented by water challenges.
• Clients can use the myImpact tool developed by Wealth Management to define their own investment and/or philanthropy profile based on the 17 Sustainable Development Goals.

• Financing green projects
  Looking to get your company involved in the energy transition?
  Discover how BGL BNP Paribas helps its professional clients identify and finance environmentally friendly projects.
  Find out more about eco-friendly loans

• Microfinance
  Microfinance meets the needs of people who are excluded by the traditional banking system.
  BGL BNP Paribas views microfinance as necessary financial support for the local economy and a source of job creation.
  Created in close partnership with BGL BNP Paribas, microlux finances and supports the creation and development of the independent activities of individual clients and social enterprises unable to access the traditional banking system.

  Microfinance in Luxembourg
• Support for social enterprises
  As they promote positive growth, social entrepreneurs have new banking requirements that call for particular attention and services. We are developing social entrepreneurship through the Act For Impact programme and the support of a dedicated team, which are integrated in the bank’s operations.
  Find out more about Act For Impact
   

As a bank, we finance many industries, some of which face major environmental, social and governance (ESG) challenges. The BNP Paribas Group requires the ESG risks to be taken into consideration in financing and investment decisions.

This affects nine sectors: oil & gas, farming, tobacco, palm oil, coal, mining, defence, nuclear power and paper pulp. For these sectors, we have designed policies that require ESG requirements to be taken into consideration, in addition to economic performance criteria, in our financing and investment decisions.

In 2019 more than a hundred transactions were reviewed in the light of these policies by the BGL BNP Paribas CSR unit.

An ESG-based approach