BNP Paribas, supporting the full nationalisation of EDF
In June 2023, the French State fully nationalised the energy company EDF in order to ensure the country’s energy independence and sovereignty, and in particular its ability to plan and invest over the very long term in electricity generation, transmission and distribution resources. Serving the European economy’s energy transition, Corporate & Institutional Banking acted as EDF’s financial advisor for this €9.6 billion buyout. The French State has now taken full control of EDF, which operates the largest group of nuclear power plants in Europe.
TOP 3
Consorsbank’s position as one of the top 3 most committed and active online banks in terms of CSR is the result of a qualitative consumer survey carried out by the German financial magazine Euro. The German bank is also the main contributor to the sharp increase in the number of BNP Paribas Personal Investors new customers from 2022 to 2023 (+67%).
Climate Report: an enhanced second edition
In May 2023, BNP Paribas published its Climate Report, thus presenting, in a single document, its climate-related strategy, risks and opportunities, and putting into perspective the alignment of its financing with the carbon neutrality objectives of 2050. The 2024 edition uses the same format, with additional portfolio alignment data for new sectors: aviation, shipping and commercial real estate. These are added to the six sectors already covered: power generation, oil and gas, automotive, steel, aluminium and cement.
Greenhouse gas emissions calculator for Polish breeders
As the sixth largest food producer in the European Union, Poland relies on a highly developed meat industry, which generates significant greenhouse gas (GHG) emissions. To help breeders move towards a more sustainable production method, BNP Paribas Bank Polska launched the only GHG emissions calculator focused on livestock on the Agronomist.pl platform.