BNP Paribas has won Most ESG Responsible International Bank Global 2019 in the Capital Finance International (CFI) Awards. The award recognizes the bank’s commitment to the energy transition, and accelerating the United Nations Sustainable Development Goals (SDGs).
In the judges’ report, CFI noted: “This leading European bank, with an international presence in 72 countries, is well positioned to move the needle on the global energy transition” continuing, “BNP Paribas has a decades-long history of supporting energy producers, and the climate change strategy it has implemented will spur the industry’s sustainable transformation”.
Acknowledging the award, BNP Paribas Head of Company Engagement Antoine Sire commented: “Banks have a vital role to play in tackling the climate crisis and accelerating sustainable development. Bold ambition and creating coalitions with organizations — in the finance sector and beyond — fosters positive impact. We are honored that our effort to be a leader in sustainable finance is recognized by CFI”.
The CFI awards process was extensive, with sources for nominations including subscribers and readers, intergovernmental organizations, a pitching call and senior judging panel from CFI. Capital Finance International is a UK publication reporting on business, economics and finance.