We accuse! BNP Paribas is the one that belongs in the dock
Summary
Friends of the Earth International and over 150 organizations condemn BNP Paribas for financing fossil fuels and facilitating tax evasion. The statement specifically opposes the legal action taken by the bank against activist Florent Compain for a non-violent protest in 2015. The document argues that the bank's financial activities exacerbate the climate crisis and violate human rights, calling for the redirection of funds from tax havens toward an ecological and social transition.
Key insights
- BNP Paribas is accused of facilitating tax evasion through offshore companies, with the bank reportedly generating €2.4 billion in profit from tax havens in 2014.
- The bank is criticized for continuing to finance fossil fuels, nuclear energy, and specific projects such as an LNG export terminal in Texas, despite having stopped direct support for new coal projects.
- BNP Paribas is accused of funding companies and projects associated with human rights misconduct and environmental damage, including the Dakota Access Pipeline and companies such as Glencore, BHP Billiton, and Anglo American.
- The document argues that the estimated $20,000 to $32,000 billion held in tax havens should be redirected to fund a social and ecological transition to stabilize the climate.
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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