2020 Universal registration document and annual financial report - BNP PARIBAS14
1 Presentation of the BnP PariBas GrouP
1
Presentation of operating divisions and business lines
A study conducted in June 2020 by BNP Paribas Asset Management, in collaboration with Greenwich Associates(1), highlighted investors desire for greater awareness of social considerations in investment decision- making as a result of the pandemic. This trend confirms BNP Paribas Asset Management s convictions and choices in terms of sustainable investment.
In 2020, BNP Paribas Asset Management continued to strengthen its position as a leader in Socially Responsible Investment. With 52 SRI- certified funds(2) representing more than EUR 46 billion in assets, it is the market leader in France(3). It is also the leader in Belgium for Febelfin- certified funds(4).
It won the ESG Asset Management Company of the Year award in Asia- Pacific for a second successive year, strengthening its leading position in sustainable investment.
The company also uses its ability to influence companies and governments to promote a low-carbon economy that is environmentally friendly and accessible to all, thus ensuring long-term sustainable returns for its clients investments. It was recognized by InfluenceMap as a leader in Sustainable Finance Policy Engagement(5).
BNP PARIBAS REAL ESTATE SERVICES With its extensive range of services, BNP Paribas Real Estate Services can support its customers across all stages of the property life cycle, from building design to everyday management:
■ Property Development construction begun on 2,086 housing units in France in 2020 and 156,000 m2 of offices in France and Madrid (leading French Business Property Developer 32nd edition of the Innovapresse ranking);
■ Advisory (Transaction, Consulting, Expertise) 4.3 million m2 invested (2,763 transactions) and EUR 21.9 billion of investments supported in 2020;
■ Investment Management EUR 29 billion in assets under management in Europe, mainly in France, Germany and Italy;
■ Property Management 44.3 million m2 of commercial real estate managed in Europe.
This multi-sector offering covers all asset classes: offices, homes, warehouses, logistics platforms, retail, hotels, serviced residences, land, etc.
With over 4,500 employees, the Group can offer a wide array of services, based on the needs of clients, whether they are institutional investors, owners, corporates (SMEs, large corporate groups), public entities, local authorities or individuals.
With its geographic network in 14 countries on the continent, BNP Paribas Real Estate is one of the European leaders in commercial real estate. Its major markets are France, Germany and the United Kingdom. The company also has platforms in Hong Kong, Dubai and Singapore, as well as a network of business alliances with local partners in some fifteen other countries.
In residential development, BNP Paribas Real Estate Services operates for the most part in France s major cities, but has also developed projects in London, Milan and Rome.
Faced with the health crisis, BNP Paribas Real Estate Services business lines have mobilised to support clients in managing many issues.
In the development of offices and housing units, BNP Paribas Real Estate has mobilised so that 100% of the 58 construction sites could be restarted by the end of May in compliance with all health regulations.
In housing development, five major innovations were developed to offer post-Covid housing: accessible and shared outdoor spaces, development of contactless, customised and modular housing, WiFi for all and home office package.
The company also made a commitment to caregivers by donating protective coveralls to the Saint-Louis hospital, providing financial support to the #ProtegeTonSoignant collective, and paying for 1,470 overnight stays (alongside the company Sucres et Denrées) to accommodate caregivers from all over France in support of the Pitié-Salpêtrière hospital.
(1) Study carried out on behalf of BNP Paribas Asset Management by Greenwich Associates: 129 professionals, including 96 institutional investors and 33 leading distributors in the United Kingdom, France, Germany, Italy, the Netherlands and the Nordic countries were interviewed in June 2020.
(2) SRI: Socially Responsible Investment.
(3) Source: lelabelisr.fr, Morningstar.
(4) Source: Towardssustainability.be, Morningstar.
(5) Source: InfluenceMap Report 2020.
CORPORATE & INSTITUTIONAL BANKING
With close to 34,000 people in 56 countries, BNP Paribas CIB serves to two types of clients corporate and institutional (banks, insurance companies, asset managers, etc.) tailored solutions in capital markets, securities services, financing, risk management, cash management and financial advice.
Acting as a bridge between corporate and institutional clients, it aims at connecting the financing needs from corporate clients with institutional clients seeking investment opportunities. In 2020, 31% of BNP Paribas revenues from operating divisions were generated by BNP Paribas CIB.
CIB s streamlined and efficient structure is designed to meet the needs of BNP Paribas corporate and institutional clients. CIB is thus organised around three main businesses:
■ Corporate Banking, with its own organisation in each region;
■ Global Markets, grouping together all capital market activities; and
■ Securities Services.
