BNP Paribas

France
Banks

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

BNP Paribas will no longer finance new oil and gas fields as part of its ESG commitments. BNP Paribas vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. The company covers the cost of "medically necessary transition-related care” for its employees and their children and advocates for the Equality Act. BNP Paribas is committed to carbon neutrality by 2040. However, it does not discriminate against religious organizations in its charitable giving and has not used its corporate dollars for ideological purposes. For these reasons, BNP Paribas receives a High Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

BNP Paribas will no longer finance new oil and gas fields as part of the company’s ESG efforts to end all financing of oil and gas; as a French company, BNP Paribas faces requirements aligned with Paris Accords (1)(2). BNP Paribas received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (3)(4).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

BNP Paribas does not publicly restrict donations to faith-based organizations (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

BNP Paribas does not protect employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

BNP Paribas has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). BNP Paribas signed an open letter in support of the Equality Act and issues Pride-themed credit cards (3)(4). BNP Paribas proudly advocates for ESG goals and UN Sustainable Development Goals (SDGs) (5). The company is a Ceres Network Member, committed to net zero carbon emissions by 2040 (6)(7).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

BNP Paribas was among the founding members of L’Autre Cercle, an LGBTQ workplace-focused organization (1).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

BNP Paribas does not have a PAC or disclose political contributions in the United States (1).

All links were last accessed and all information was updated on:
December 5, 2023

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