BNP Paribas listed in the Dow Jones Sustainability Indices World and Europe

September 17, 2019

BNP Paribas is the first French and 4th European bank in the 2019 ranking of RebecoSAM and is listed in the “World” and “Europe” ethical indices of the Dow Jones.

With an overall score of 79/100, BNP Paribas maintains its leading position in the annual RobecoSAM ranking (top 10%) while the average score of the “Banks” sector has decreased (-8 points).

BNP Paribas is thus listed in the Dow Jones Sustainability Indices* World – for the fifth year in a row – and Europe.

Indeed, BNP Paribas confirms its excellent performance by ranking 1st among French banks and 4th among European banks on a total of 248 banks in its rating universe.

This year, the Group’s major improvements concern the following areas: “Codes of Business Conduct” (compliance issues, business ethics…) and “Policy Influence” (responsible lobbying practices) with a respective increase of 20 points,and “Climate Strategy” (climate-related risks management) with an increase of 12 points.

On the other hand, with scores of 100/100, BNP Paribas has particularly well performed in the environmental (« Climate Strategy » et « Environmental Reporting »), social (« Corporate Citizenship and Philanthropy », « Financial Inclusion » et « Social Reporting ») and economic (« Materiality ») fields.

Last but not least, the Group distinguished itself in the two new sections added by RobecoSAM to its 2019 questionnaire, i.e. Privacy Protection (80/100 vs. an average of 48/100 for the “Banks” sector) and the integration of ESG** risks and opportunities in the frame of its financing and investment activities (87/100 vs. 27/100).

*Jointly created by S&P Dow Jones Indices and RobecoSAM in 1999, the Dow Jones Sustainability Indices (DJSI) select among a total of 4,700 entreprises assessed the top 10% of most sustainable companies by sector of activity, based on their performance according to RobecoSAM’s annual extra-financial assessment

**ESG: Environmental, Social and Governance

 

RobecoSAM & BN

 

The Swiss extra-financial rating agency RobecoSAM, a partner of S&P Dow Jones Indices, rates each year the world’s 4,700 largest companies eligible for inclusion in the flagship DJSI World. The assessment is based on a questionnaire specific to the companies’ industry. Launched in 1999, the Dow Jones ethics indices track the financial performance of leading sustainability-driven companies worldwide based on economic, environmental and social criteria. They are used by investors who take these dimensions into account in their investment strategies.

Since 2002, BNP Paribas participates in the RobecoSAM rating by answering a questionnaire on its activities and policies in terms of environmental, social and corporate governance responsibility. This questionnaire is structured in three parts that constitute its three themes: the economic (corporate governance, customer relationship management, materiality…), environmental (climate strategy, environmental policies and reporting…) and social (health and safety, talent attraction, philanthropy…) dimensions.

BNP Paribas’ presence in the Dow Jones Sustainability Indices World and Europe is for us both a source of pride and a mark of success. Indeed, in 2019, BNP Paribas’ results position itself among the banking sector’s leaders (top 10%). They notably testify its excellent performance in terms of climate strategy, environmental and social reporting, as well as financial inclusion – sections in which BNP Paribas has obtained scores of 100%. These results reflect BNP Paribas’ commitment at the highest level of the company and the mobilisation of all its teams” declared Laurence Pessez, Global Head of Corporate Social Responsibility of BNP Paribas.

‘Extra-financial’ analysis consists in assessing companies, sovereign states and other kinds of issuers of financial securities on their environmental, social and governance (ESG) policies. Based on this analysis, the agency then draws up a rating that enables a comparison to be made between different issuers – whether or not they are listed companies – on their ESG practices.

 

The latest BNP Paribas scores

 

 

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