BNP Paribas top European bank in Vigeo Eiris ratings for 2017

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BNP Paribas top European bank in Vigeo Eiris ratings for 2017

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With an overall score of 64/100, BNP Paribas takes top spot in the diversified banks (Europe) category in the sustainability ratings compiled by Vigeo Eiris for 2017.
BNP Paribas has improved its overall performance in this year’s ratings, achieving especially good scores on criteria including Human Rights, Human Resources Management and Corporate Governance, which all gained 3 points versus the ratings compiled in 2015.


The Group maintains a listing in all EURONEXT/Vigeo Eiris indices:



Vigeo Eiris and BNP Paribas

Created through a merger of two leading European agencies that specialised in rating companies and organisations on their environmental, social and governance (ESG) performance, Vigeo Eiris is a world-reputed extra-financial analysis agency.

BNP Paribas has been taking part in the Vigeo Eiris (formerly Vigeo) ratings process since 2003. The Bank is required to fill out a questionnaire detailing its business and its corporate ESG policies. The questionnaire comprises six sections covering the six major domains which Vigeo Eiris sees as having major extra-financial impacts on a bank such as BNP Paribas, namely: Environment, Human Resources, Human Rights, Community Involvement, Business Behaviour and Corporate Governance.



The BNP Paribas Group’s Morocco subsidiary BMCI also responds to the Vigeo Eiris questionnaire in accordance with its scope and businesses. In 2016, BMCI’s laudable performance secured the bank a listing in the EURONEXT-Vigeo Eiris Ranking Emerging 70 index.


“We’re very proud to have taken first place among European banks in these very demanding Vigeo Eiris ratings. The continuous improvement shown by BNP Paribas since we began to take part in this ratings process back in 2003 bears witness to the efforts the Bank has made to help finance sustainable economic development and have a positive impact on its stakeholders and on society as a whole,” declared Laurence Pessez, BNP Paribas Group Head of Corporate Social Responsibility.


Extra-financial ratings

‘Extra-financial’ analysis consists of assessing companies, sovereign states and other kinds of issuers of financial securities on their environmental, social and governance (ESG) policies. Based on this analysis, the agency then draws up a rating that enables a comparison to be made between different issuers –  whether or not they are listed companies – on their ESG practices.

This type of rating is based on ‘declarative’ information rather than mandatory disclosure, and the rating agency is not remunerated by the company itself. Extra-financial ratings agencies are paid by investors looking to orient their investments to ‘sustainability’ or long-term considerations.


The latest BNP Paribas scores

Agency

Rating (year of latest rating)

Inclusion in the related

indices 

CDP

A- (2016)


FTSE4Good

4,5/5 (2015)

FTSE4Good Global Index

Oekom

C (2016)

Prime (best-in-class status)

RobecoSAM

87/100 (2016)

DJSI World, DJSI Europe

Sustainalytics

77/100 (2016)

Global Compact 100 des
Nations Unies et STOXX
Global ESG Leaders
Vigeo Eiris

64/100 (2016)
 1st-ranked European bank

Euronext-Vigeo Eiris World 120, Eurozone 120, Europe 120,  et France 20

 

■ BNP Paribas shares are also currently listed in the following indices: Bloomberg Financial Services Gender-Equality and Pax Ellevate Global Women’s Index Fund.

■ BNP Paribas is also in 42th place among the ‘Global 100 most sustainable corporations in the world’ in the 2017 rankings published by Canadian specialist sustainability magazine Corporate Knights.

■ BNP Paribas was named ‘Best Bank for Climate Change and Sustainability’ at the Investment Banking Awards 2016 organised by The Banker magazine. This title had previously been held for the last five years by Bank of America.

For more information:

•             CSR at BNP Paribas
www.csr.group.bnpparibas  

•             BNP Paribas listings in DJSI indices
https://group.bnpparibas/en/news/bnp-paribas-listed-dow-jones-sustainability-indexes-world-europe

 •             Note on BNP Paribas stakeholder dialogue

https://group.bnpparibas/uploads/file/csr_stakeholders_dialogue_uk.pdf

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