BNP Paribas in Portugal The Environment

Environmental Responsibility

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Taking action to combat climate change through:

  • Partnering with our clients in the transition to a low-carbon economy
  • Reduce the environmental impact of our operations
  • The advancing and sharing of best environmental practices

 

The Group

The Preservation of the natural resources of our planet is crucial for a sustainable economic development that preserves the quality of living for all. Under that motto, the BNP Paribas Group, across its different locations and business lines, is committed to improving their own direct interactions with the environment, as well as to supporting their clients in the transition to a more sustainable business model, and to engaging with society in the protection of the ecosystems.

 

In Portugal

In Portugal, the Bank materialises its global ambition in the engagement with local stakeholders. The Cooler Planet programme builds in an integrated approach to the management of its Premises and People, its Clients Solutions and its Impacts on the Society, with the final goal of providing a significant contribution to the country’s commitment to achieve Carbon Neutrality by 2050.

In 2015, the journey of implementing an Environmental Management System across its premises in the country began, with two of our buildings having obtained ISO 14001:2015 certificates in 2017 and 2019. Our prospect is that until the end of 2020, two more buildings in Lisbon and Porto will have obtained the same certification.

BNP Paribas is a pioneer Bank in deploying the most innovative and sustainable financial instruments in the Portuguese market, such as green bonds and sustainability-linked loans, as well as taking an active participation in the sustainable finance think-tanks and promoting the most efficient solutions to businesses and to consumers through its local subsidiaries.

In addition to our business efforts, our volunteering programme also encompasses a strong environmental component, not only within our workforce, but also close to local communities. One of our most recent objectives regards rebuilding the country’s natural heritage through initiatives such as “Yes We Plant!”, an annual volunteering activity, through which employees have already planted more than 8 thousand trees since 2018.

In 2019, BNP Paribas in Portugal became one of the founding signatories of both the Corporate Mobility Pact for the city of Lisbon and the Commitment for the Lisbon European Green Capital 2020 – Lisbon Climate Action 2030, in a conjoined effort with other companies and the Lisbon Municipality to achieve the country’s sustainability goals.