5652019 Universal registration document and annual financial report - BNP PARIBAS
7 a Committed Bank: information ConCerninG the eConomiC,
soCial, CiviC and environmental resPonsiBility of BnP PariBas
7
Our environmental responsibility: accelerating the ecological and energy transition
➤ SITUATION FOR THE MAIN ENVIRONMENTAL INDICATORS AS OF 31 DECEMBER 2019:
Indicators 2012 2016 2017 2018 2019 2020 Objective
Greenhouse gas emissions (teqCO2/FTE) 3.21 2.72 2.54 2.45 2.32 2.41
Paper consumption (kg paper/FTE) 165 122 113 97 86 94
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). 74% of these emissions are due to the energy consumption of buildings including IT and 26% to business travel. In 2019 the Group emitted 461,030 teqCO2, a 7.06% reduction on 2018. There are three mechanisms to reduce them: energy efficiency of buildings, IT equipment, and optimising business travel.
➤ BREAKDOWN BY TYPE OF GREENHOUSE GAS EMISSION
12.1% Natural gas
0.5% District cooling 1.2% Fuel oil 1.5% Rail travel 3.4% District heating 8.5% Road travel
57% Electricity
15.8% Air travel
➤ BREAKDOWN OF THESE EMISSIONS BY ISO/GHG PROTOCOL SCOPE IN TeqCO2
Scope 1 61,187 teqCO2 Direct emissions related to burning fossil fuels
Scope 3 119,055 teqCO2 Indirect mobility-related emissions
Scope 2 280,789 teqCO2
Indirect emissions related to the
consumption of imported energy
The nature of its activities means that the Group is not a significant source of noise pollution or any other specific form of pollution.
A large number of ISO 14 001 certifications
In 2019, 22 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 76,000 employees work in offices covered by an environmental management system.
Efforts recognised by third parties
In 2019, these initiatives together enabled the Group to obtain a score of A- from the Carbon Disclosure Project (CDP) and 100/100 for its environmental reporting as part of the RobecoSam 2019 non-financial rating. This is a testament to the quality and transparency of the Group s reporting.
USE OF LOW-CARBON ELECTRICITY To continue reducing its environmental impact, the Group is increasingly turning to low-carbon electricity in all countries where this is possible. Renewable electricity accounted for 35% of the Group's total electricity bill in 2019 compared to 32% in 2018. It came either from purchase of renewable electricity certificates, or from direct consumption of renewable energy produced by the Group s buildings. The share of low- carbon electricity as a whole was 72% in 2019.
OFFSETTING RESIDUAL EMISSIONS Each year, BNP Paribas offsets residual greenhouse gas emissions generated during the previous year for the Group as a whole. After taking into account the additional purchases of low-carbon electricity, these emissions amounted to 390,215 teqCO2 in 2018. In 2019, these emissions were offset via three projects:
■ the Kasigau project, which the Group has supported since 2017. This conservation and restoration programme, which covers 200,000 hectares of forest in Kenya and is managed by the NGO Wildlife Works, also funds access to healthcare, water and education for local inhabitants;
■ the other two projects were selected via the ClimateSeed platform (see Supporting companies towards carbon neutrality, in Enabling our clients to transition to a low-carbon economy respectful of the environment, Commitment 10). The first project chosen consists of drilling drinking water wells in Malawi, thereby reducing the logging of trees previously used as fuel for water sterilisation. Overseen by the NGO United Purpose Malawi WASH, the project tackles deforestation and thus dramatically improves people s lives. The latest project is in Indonesia and consists of an initiative to restore and protect tropical peat bogs covering more than 150,000 hectares of swamp forest in central Kalimantan. In addition to protecting more than 40 endangered species of fauna and flora, the project helps indigenous peoples fight the devastating forest fires that occur during the dry season.