Energy financing: the transformation of BNP Paribas’ business model is accelerating, as confirmed by several rankings

For BNP Paribas, the year 2023 was marked, by a simultaneous acceleration of financing for the production of low-carbon energy, and the shift away from financing for the production of fossil fuels. This has allowed the Group to advance the timing for some of its objectives. A majority of financing for low-carbon energy  On February 1st 2024, BNP Paribas published its annual results, which show a very strong acceleration in the financing of low-carbon energies: the stock of credit exposures to low-carbon energy production now accounts for 65% of the Group’s…

HRC Foundation Releases First-Ever Report Detailing Steps for Businesses to Become LGBTQ+ Allies in Action

The Human Rights Campaign Foundation, the educational arm of the nation’s largest lesbian, gay, bisexual, transgender and queer (LGBTQ+) civil rights organization, released its first-ever Corporate Citizenship Report, The LGBTQ+ Corporate Citizen: A Framework for Emerging Best Practices in Allyship. The new report offers guidance to companies that want to invest in closing the ally gap. The ally gap acknowledges that LGBTQ+ allyship is a journey and describes the space between the intent to be an LGBTQ+ ally and the actions needed to get there. HRC Foundation’s Corporate Citizenship Report…

Fairtrade Impact Map: delivering greater impact for farmers, workers, businesses and consumers

Fairtrade International recently unveiled an updated and revamped digital mapping platform. Intended as a tool for advocacy, for communicating and engaging with commercial partners, as well as for internal Fairtrade learning, the Impact Map represents a major step forward for transparency and openness around both the organisation’s achievements and challenges. The Impact Map is a free-to-use, publicly-accessible interactive map which contains more than 100 Fairtrade projects and commissioned studies around the world, with detailed information on all time-limited, impact-oriented Fairtrade engagements. Featured projects include those externally funded by institutional donors,…

NatWest tool to help businesses save energy and carbon this winter

NatWest has launched an Energy Help and Support tool to help UK businesses reduce their energy usage, cut their carbon emissions and potentially save money on their energy bills this winter. Research from the bank has found that 45% of small businesses say rising energy prices will be a significant challenge in 20241. NatWest’s new digital solution enables the UK’s 5.5 million businesses to review their premises’ energy efficiency and access tailored recommendations which could help reduce their energy costs and carbon footprint. The tool uses a business’ postcode to…

Bread Financial Releases 2022 ESG Report, Showcases Progress Amid Multi-Year Business Transformation

Bread Financial, a tech-forward financial services company providing simple, personalized payment, lending and saving solutions, today released its 2022 Environmental, Social and Governance (ESG) Performance Report, highlighting the significant progress made against Bread Financial’s recently enhanced ESG strategy and framework. In its 10th year of public ESG reporting, the Company’s 2022 report represents a significant milestone for Bread Financial, marking a decade of increased transparency and accountability regarding its responsible business practices. The report showcases Bread Financial’s ESG performance across five key areas: managing business responsibly, empowering customers, engaging associates,…