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BGL BNP Paribas renews its support for D’fair Mëllech

Created in 2011, Fairkoperativ now includes 51 Luxembourg milk producers making high-quality milk while also taking into account the environmental impact of each farm. Fairkoperativ markets the milk produced under the D’fair Mëllech brand, giving producers a fair price for it.

BGL BNP Paribas is active in the development of local and fair trade, and has renewed its partnership with Fairkoperativ to remain its primary partner in the D’fair Mëllech initiative. The bank stands alongside Luxembourg farmers for the production and promotion of fair trade milk.

On 24 January 2020 at the BGL BNP Paribas headquarters, the bank signed an official agreement renewing its partnership with Fairkoperativ. The cooperative was represented by its chairwoman Danielle Warmerdam-Frantz and vice-chairwoman Tessy Theissen-Bram, while the bank’s representatives were Thierry Schuman, member of the Executive Committee, and Romain Girst, Head of Retail Banking.

Read the press release

 

BGL BNP Paribas operates within a cycle of profitable and sustainable growth. We’re committed to ethical financing of the economy.

Lux Future Lab, a start-up incubator

Lux Future Lab is the first start-up incubator created by a bank. Lux Future Lab is a true pioneer of innovation in Luxembourg and is an integral part of the “Startup Nation” ecosystem.

It is also a platform for training and education to drive business initiatives in Luxembourg, as well as within BGL BNP Paribas thanks to the TIZ programme, The Intrapreneur's Zone, which gives employees the chance to become intrapreneurs. 

In its five years of existence, Lux Future Lab has supported 51 projects and helped create 450 new jobs. A genuine hub for talent, Lux Future Lab now hosts 26 innovative start-ups and 120 go-getters. 

Visit the Lux Future Lab website

Start-up: Our 2018 heroes

  • A year of expansion for CrossLend: a EUR 14 million fundraising, international conferences including one at BGL BNP Paribas on securitisation in the presence of the Minister of Finance, bank partnerships.
  • A promising year for our F4A anti-food waste heroines: launch of their app on Apple and Android, contracts signed with Delhaize and Pall Center, numerous awards. 
  • A year of growth for Adapti, our website personalisation wizards: new e-commerce clients, winner of the Marketers “Best Marcom Startup” award.
  • A year with an international focus for LuxAI: QTRobot has represented the “Luxembourg Startup Nation” at major world events, including the CES Las Vegas.

 

Positive impact financing

BGL BNP Paribas is committed to responsibly financing the economy through a lending policy and a range of socially responsible investment (SRI) products that contribute to the UN Sustainable Development Goals.

Responsible finance means offering a range of investment products that combine civic engagement and financial performance:

For retail clients
For private banking clients
Microfinance
  • promoting the inclusion of individuals or social enterprises that are often excluded from the traditional banking system

Managing environmental, social and governance (ESG) risks

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 2018 more than a hundred transactions were reviewed in the light of these policies by the BGL BNP Paribas CSR unit.

An ESG-based approach

Find out more about the commitment of BGL BNP Paribas.