2020 Universal registration document and annual financial report - BNP PARIBAS612
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a Committed Bank: information ConCerninG the eConomiC, soCial, CiviC and environmental resPonsiBility of BnP PariBas Climate-related issues management summary
➤ SOME OF THE KEY CLIMATE-RELATED OPPORTUNITIES FOR BNP PARIBAS
Scope Opportunity factor Time
horizon Relevant
businesses
Potential significance
of the impact (for the Group)
Actions to develop these opportunities
On the operational scope
Energy renovation of buildings (offices, branches, etc.) which would reduce our energy consumption and therefore the associated invoices
ST Internal +
Efforts to reduce the energy consumption
of BNPP buildings: See page 602
Via clients
Revenues related to support for companies contributing directly to the Sustainable Development Goals (SDGs)
ST Group ++++ See page 551
New business: green bonds, sustainable bonds, blended finance, green loans, Sustainability Linked Loans, etc.
ST Group +++ See page 595
Development of low-carbon offers: low-carbon real estate development at BNP Paribas Real Estate, BNP Paribas Asset Management climate indices and green funds, green investments as part of BNP Paribas Cardif general funds, etc.
ST Group + / ++ See pages 595 to 599
Outperformance of funds particularly exposed to industries or companies involved in the energy transition
MT Asset management ++
Development of a wide range of green
funds See page 596
Arval offer for an increased number of electric vehicles to meet the growing demand in this field MT Arval + See page 597
Credit offers (home loans and consumer loans) to help households finance the energy renovation of their homes (e.g. green mortgages offered by Fortis; specific consumer loans offered by Domofinance, a joint venture of BNP Paribas Personal Finance and EDF specialised in the energy renovation of housing)
ST Retail Banking,
BNP Paribas Personal Finance
++ See pages 598 and 599
Development of BNP Paribas Leasing Solutions offer for leasing more energy-efficient and/or less GHG-emitting products
MT BNP Paribas Leasing Solutions ++ See page 597
Revenues generated by renewable energy financing ST
Financing activities +++ See page 595
Revenue generated by the provision of carbon credits (Carbon Desk at Global Markets, ClimateSeed)
ST Global Markets, ClimateSeed + See page 598
Support for start-ups specialising in the energy transition ST
Financing and investing
activities + See page 605
Climate-related risks and opportunities also have significant consequences for the Group s organisation (particularly with the creation of dedicated teams in many businesses), as well as employee training and recruitment.
