We accuse! BNP Paribas is the one that belongs in the dock
Summary
A statement by Friends of the Earth International denouncing BNP Paribas for its alleged role in tax evasion and the financing of fossil fuels, issued in support of Florent Compain, who faced prosecution for a non-violent protest action against the bank.
Key insights
- Florent Compain, President of Friends of the Earth France, was sued by BNP Paribas following a non-violent citizen action in November 2015 known as the "requisition of chairs," which took place shortly before the UN Climate Change Conference 21 (COP21). His trial was scheduled for April 11, 2017, in Bar-le-Duc, France.
- BNP Paribas is accused of facilitating tax evasion through the use of offshore companies, as indicated by the Panama Papers. The document claims the bank is the French institution generating the most profit from tax havens, totaling €2.4 billion in 2014.
- The bank is accused of contributing to the climate crisis by financing nuclear energy, fossil fuels, and other solutions deemed incompatible with ecological transition. While it has stopped direct support for new coal projects, it continues to fund companies involved in coal extraction, consumption, and development, and is seeking to finance projects such as an LNG export terminal in Texas, US, despite a French ban on shale gas.
- BNP Paribas is accused of ignoring rights to a healthy environment by funding projects like the Dakota Access Pipeline in the US, which is opposed by the Standing Rock Sioux Tribe, and companies such as Anglo American, BHP Billiton, and Glencore, which are noted for misconduct against protesters.
- Over 150 organizations from 56 different countries signed the statement to denounce the actions of BNP Paribas and support Florent Compain.
Cite the original document
- APA
- admin (2017). We accuse! BNP Paribas is the one that belongs in the dock. Friends of the Earth International. https://www.foei.org/we-accuse-bnp-paribas-is-the-one-that-belongs-in-the-dock/
- Chicago
- admin. We accuse! BNP Paribas is the one that belongs in the dock. Friends of the Earth International, 2017. https://www.foei.org/we-accuse-bnp-paribas-is-the-one-that-belongs-in-the-dock/.
- Wikipedia
- {{cite press release |last1=admin |title=We accuse! BNP Paribas is the one that belongs in the dock |publisher=Friends of the Earth International |date=11 March 2017 |url=https://www.foei.org/we-accuse-bnp-paribas-is-the-one-that-belongs-in-the-dock/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2017accuse, author = {admin}, title = {{We accuse! BNP Paribas is the one that belongs in the dock}}, publisher = {Friends of the Earth International}, year = {2017}, month = mar, url = {https://www.foei.org/we-accuse-bnp-paribas-is-the-one-that-belongs-in-the-dock/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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