BNP Paribas

France
Banks

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

BNP Paribas will no longer finance new oil and gas fields as part of its ESG commitments. The company scored a 90 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, BNP Paribas increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. BNP Paribas uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company is a Ceres Network Member, committed to net zero carbon emissions by 2040. For these reasons, BNP Paribas receives a High Risk rating.

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