Towards a more sustainable economy
The Sustainable Development Goals adopted in 2015 by the UN aim to eradicate poverty by 2030 while protecting the planet. As a bank and a global business, BNP Paribas is an important player in this multilateral project. Our Corporate Social Responsibility (CSR) approach allows us to contribute towards the development of a sustainable future, while ensuring the performance and stability of the Group.
A committed, socially conscious bank
As an economic player in Luxembourg, BGL BNP Paribas has a responsibility to all stakeholders, including its clients, staff, economic partners and shareholders, as well as civil society.
The economic growth to which BGL BNP Paribas contributes must now go hand in hand with environmental, civil and social progress.
BGL BNP Paribas is committed to working towards a sustainable economic model and balanced growth.
Our Corporate Social Responsibility approach is oriented towards building a sustainable future, while ensuring the performance and stability of the work we do.
Four types of responsibility underpin our commitments:
Ethical financing of the economy
As a bank that operates both locally and internationally, BGL BNP Paribas in Luxembourg plays an important role in supporting the real economy in a responsible manner.
Our aim is to boost the momentum of economic and social change in Luxembourg. By offering our clients a range of sustainable investment and savings products and helping to finance sustainable development projects, we are confirming our role as a catalyst for the transition towards a new economic model.
Making a positive contribution to society
BNP Paribas has deep roots in Luxembourg and is committed to making a positive contribution to Luxembourg society. We support the development of socially engaged businesses and encourage players in the social entrepreneurship, microfinance and charity sectors.
Combatting climate change
While our banking activities produce little or no pollution, we still bear environmental responsibility because we finance business sectors that have an impact on our environment.
Our environmental responsibility is expressed by three fundamental climate commitments:
- Helping clients in the transition to a low-carbon economy;
- Reducing the ecological footprint linked to the company’s own operations;
- Fostering knowledge and sharing environmental best practices.
With over 3,800 staff members, BNP Paribas in Luxembourg is the banking sector’s largest employer. We have a social responsibility towards our staff that is built on three principles:
- promoting diversityand inclusion
- responsible managementof staff
- developing a culture of learningby offering dynamic career management
Our aim is to nurture our employees’ engagement and development in an environment that values our colleagues’ work-life balance, differences and diversity, as well as their personal and professional fulfilment.
BNP Paribas, a responsible economic player
For the Group, being a responsible bank means living up to its economic responsibilities and working to finance projects for its clients.
In addition, BNP Paribas recognises that it has responsibilities in three other areas:
This means treating the Group’s more than 193,319 employees in a fair and loyal manner and engaging in serious and meaningful dialogue with staff union representatives.
This means helping to combat social exclusion and promoting education and culture. The Group has a strong stake in society, through initiatives and projects which take its banking role one step further for the good of society: special assistance for underprivileged neighbourhoods and marginalised areas, microcredit, support for charitable organisations and social economy enterprises. Our civic engagement is also manifested in the corporate philanthropy work done by the BNP Paribas Foundation, whose charity initiatives include educational, cultural and public health projects.
BNP Paribas pays particular attention to the environmental impact resulting from its banking activities all over the world. The Group has drawn up and implemented detailed policies relating both to its day-to-day functioning and to sensitive fields of industry, and supports environmental initiatives through the BNP Paribas Foundation.