2020 Universal registration document and annual financial report - BNP PARIBAS 603
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A COMMITTED BANK: INFORMATION CONCERNING THE ECONOMIC, SOCIAL, CIVIC AND ENVIRONMENTAL RESPONSIBILITY OF BNP PARIBAS
Our environmental responsibility: accelerating the ecological and energy transition
➤ SITUATION OF THE MAIN ENVIRONMENTAL INDICATORS AT 31 DECEMBER 2020
Indicators 2012 2017 2018 2019 2020 2020 objectives
Greenhouse gas emissions (teqCO2/FTE) 3.21 2.54 2.45 2.32 1.80 2.41
Paper consumption (kg paper/FTE) 165 113 97 86 58 94
Share of sustainable paper (in %) 43.5 67 62.5 71.3 74.6 80
GHG emissions are measured by converting the energy consumed in buildings and employee business travel into tonnes of CO2 equivalent (teqCO2, including all six greenhouse gases covered by the Kyoto protocol). 81% of these emissions come from the energy consumption of buildings and 19% from business trips. There are three mechanisms to reduce them: energy efficiency of buildings, IT equipment, and optimising business travel.
In 2020, the Group s total emissions amounted to 347,339 teqCO2 broken down as follows:
➤ BREAKDOWN BY TYPE OF GREENHOUSE GAS EMISSIONS
13.1% Natural gas
0.4% District cooling 1% Fuel oil
0.8% Rail travel 3.1% District heating
10.2% Road travel
63.8% Electricity
7.6% Air travel
➤ BREAKDOWN OF THESE EMISSIONS BY ISO/GHG PROTOCOL SCOPE IN TEQCO2
Scope 1 49,041 teqC02 Direct emissions related to burning fossil fuels
Scope 3 64,467 teqC02 Indirect mobility-related emissions
Scope 2 233,831 teqC02
Indirect emissions related to the
consumption of imported energy
Note: through its activities, the Group is not a significant source of noise pollution or any other specific pollution.
A large number of ISO 14001 certifications
In 2020, 20 separate ISO 14001 certificates were in effect within the Group. This number establishes BNP Paribas as a world leader in the banking/insurance sector for Environmental Management Systems (EMS). Overall, nearly 76,200 employees work in offices covered by an environmental management system, which represents nearly 39% of Group employees.
Efforts recognised by third parties
All of these initiatives enabled the Group to obtain in 2020 and for the 7th consecutive year the CDP rating A- on the climate positioning BNP Paribas in the Leadership category and a score of 100/100 in the environmental areas Climate Strategy and Environmental Reporting to the rating of the extra-financial agency SAM. welcoming thus the quality and transparency of the Group s environmental reporting.
Impacts of the pandemic on greenhouse gas emissions
The Covid-19 pandemic had significant effects on the Group s direct environmental impacts. The periods of strong incentives for remote working or strict confinement decided by the authorities of many countries have resulted in a limited presence in the Group s buildings and a strong restriction on business travel, particularly for international travel. This context has logically led to a reduction in the kilometers traveled, especially for air and rail travel, and in energy consumption within the Group s buildings. In total, this generated the observed 23% decrease in GHG emissions in 2020 compared to the previous year.
This reduction must be put into perspective to include the increase in emissions from higher energy consumption linked to remote work. The Group wanted to assess it using averages from recognised external references. It is estimated at approximately 25,620 teqCO2 globally. Taking into account the reduction in emissions from reduced commuting (which are not usually included in the Group s emissions calculation), an additional reduction in emissions of approximately 73,080 teqCO2 would have to be included.
